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di Roberto Bongiorni
First green light from the European Parliament to ratify the EU-US tariffs agreement
from our correspondent Beda Romano
BRUSSELS - After weeks of back-and-forth, the European Parliament's trade affairs committee gave the green light on Thursday 19 March to two EU regulations that are to be used to put into practice the economic agreement the EU reached with the US last summer.
The two texts must now pass through the plenary and then be negotiated with the Council in order to finally enter into force.
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The vote showed 29 votes in favour, nine votes against and one abstention.
The vote in plenary is scheduled for Thursday of next week.
The agreement provides for the reduction of European tariffs on many imports from the US. In return, the same agreement provides that Washington may impose horizontal tariffs of 15% on goods from the EU.
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