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EU, US leaders launch free-trade talks
The United States and the European Union launched negotiations for the world’s most ambitious free-trade deal on Monday, promising thousands of new jobs and accelerated growth on both sides of the Atlantic.
“This is a once in a generation prize and we are determined to seize it,” said British Prime Minister David Cameron, flanked by U.S. President Barack Obama and the presidents of the European Commission and the European Council.
The first round of negotiations will take place in Washington in July, Obama said. It is expected to take at least 18 months to conclude the negotiations. (Reuters)
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