EU and US Associations Partner for Transatlantic Trade

MarineLink.com
Monday, September 30, 2013

On 18 September 2013, Thom Dammrich, president of the National Marine Manufacturers Association and Robert Marx, President of European Boating Industry, signed a joint declaration stating the intention of both organizations to work together in order to reduce and looking ahead, eliminate, unnecessary regulatory costs and unjustified regulatory differences between the EU and the US in the boating industry.

This common declaration is occurring during the wider EU-US trade negotiations which were launched in July 2013 under the name of Transatlantic Trade & Investment Partnership (TTIP).

President Robert Marx from European Boating Industry explained that “the US and the EU are natural trade partners and have a long tradition of exchanges in the boating industry, both at supply chain level (e.g. engines, equipment and components) and consumer levels. With similar boating cultures and notions of safety and environmental protection, regulatory differences are making trade complicated and expensive without bringing significant benefits to the final consumers.”

President Thom Dammrich added that, “The TTIP presents an opportunity to streamline regulations among the US and European boating industries. This move brings us closer to global harmonization of safety and environmental standards, while promoting business growth and trade.”

European Boating Industry and the NMMA submitted to the EU and US authorities a working paper in which they outlined the objectives they wish to achieve under the current trade negotiations. This paper sets out a common approach based on the concept of “functional equivalence” of European CE-marked and US certified products, with a procedure for achieving full equivalence on the regulatory aspects which are still different today for certain products and areas.

Both Presidents believe that the inclusion of the boating industry to the US-EU trade agreement could become a significant milestone for improving and simplifying trade conditions between the US and Europe for thousands of small and medium-sized companies in the boating industry.

europeanboatingindustry.eu

nmma.org
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Petrobras Denies Hiring JPMorgan for License Sales

Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.

Asia-Europe Container Freight Rates Fell 6.5 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.5 percent to $938 per 20-foot container (TEU) in the week ended Friday,

News

ClassNK Updates Guidelines for Floating Offshore Facilities

ClassNK released a new version of its Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage, Offloading and Regasification.   Available on the ClassNK website,

US, Chinese Navies Conduct Joint Exercise

A U.S. Navy littoral combat ship and a Chinese Navy frigate conducted a joint training exercise in the South China Sea.   The U.S. Navy littoral combat ship USS

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Maritime Safety

Some Roads Reopened in Brazil, Truck Strike Persists

Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had

ClassNK Updates Guidelines for Floating Offshore Facilities

ClassNK released a new version of its Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage, Offloading and Regasification.   Available on the ClassNK website,

US, Chinese Navies Conduct Joint Exercise

A U.S. Navy littoral combat ship and a Chinese Navy frigate conducted a joint training exercise in the South China Sea.   The U.S. Navy littoral combat ship USS

Logistics

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Asia-Europe Container Freight Rates Fell 6.5 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.5 percent to $938 per 20-foot container (TEU) in the week ended Friday,

Munkebo Maersk, Biggest Ship Ever to Sail on the Thames

The 18,300 TEU Triple E container ship Munkebo Maersk became the largest ship to ever sail up the River Thames as it called at DP World London Gateway.   The 399 metre long Munkebo Maersk,

 
 
Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2108 sec (5 req/sec)