Groups representing apparel brands and retailers in both the US and EU have already set out what they see as the key priorities for the Transatlantic Trade and Investment Partnership (TTIP) - and now the European Union has revealed its negotiating stance too.

The newly-released document makes public an EU Council document dating back to June 2013, which sets out the EU governments' TTIP negotiating mandate. It explains the nature of the free trade agreement, the main principles, provisions on market access, regulatory issues, and non-tariff barriers and rules.

European Commissioner Karel de Gucht said the release of the document "underlines our commitment to transparency as we pursue the negotiations. And it allows everyone to see precisely how the EU wants this deal to work, so it contributes to economic growth and jobs' creation across Europe while keeping our commitment to maintain high level of protection for the environment, health, safety, consumers, data privacy, or any other public policy goal."

The TTIP talks started in July 2013 and seven rounds of negotiations have been completed so far.

Click on the following link to read the 'Directives for the negotiation on the Transatlantic Trade and Investment Partnership between the European Union and the United States of America'

And click on this link for further industry insight: US and EU apparel groups set out stance on TTIP