Translation of "Fonds du commerce et de l'investissement " (French → English) :

The G7 leaders reaffirmed their commitment to open and fair global trade and a rules-based global trade system and called for swift progress on various regional trade agreements, including the EU-Japan Economic Partnership Agreement and the Transatlantic Trade and Investment Partnership.

b.Continue to develop a robust and methodologically sound approach to the analysis of HR impacts of trade and investment agreements, including in ex-post evaluations; explore ways to extend the existing quantitative analysis in assessing the impact of trade and investment initiatives on human rights.

Is committed to working closely with the Council, the Commission, the US Congress, the US Administration and the stakeholders to achieve the full economic, social and environmental potential of the transatlantic economic relationship and strengthen EU and US leadership in the liberalisation and regulation of trade and foreign investment; is committed to encouraging a deeper bilateral EU-US cooperation in order to assert the leadership of both in international trade and investment;

whereas the HLWG has jointly analysed a wide range of potential options for expanding transatlantic trade and investment, reaching the conclusion in its Final Report that a comprehensive trade and investment agreement would provide the most significant level of benefit for both economies;

Reiterates its conviction that an EU-US comprehensive trade and investment agreement has the potential to lead to a win-win situation, beneficial for both economies, and that a deeper degree of integration would considerably multiply the gains for both economies; is convinced that aligning EU and US regulatory technical standards where possible, would ensure that the EU and the US will continue to set global standards, and would pave the way for international standards; takes the firm view that the benefits of this agreement in terms of international trade and standardisation must be carefully considered and formulated;

whereas, although the economic relationships between the EU and the US are among the most open in the world, and although transatlantic markets are deeply integrated through large flows of trade and investment (with a bilateral trade volume of EUR 702,6 billion, and a bilateral investment stock valued at EUR 2,394 trillion, in 2011), there is a general consensus that the potential of the transatlantic relationship is far from being fully exploited, whereas the EU and US share common values, similar legal systems and high standards of ...[+++]labour and environmental protection, and should exploit these synergies to secure the growth and jobs both partners need, and whereas a study carried out in 2009 for the Commission identified the most important non-tariff measures that affect trade between the EU and the US, and estimated their economic impact, suggesting that the removal of half of such existing measures and regulatory divergences would translate into an increase in GDP of EUR 163 billion until 2018 on both sides of the North Atlantic;