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…