Statement from United States President Barack Obama, European Council President Herman Van Rompuy and European Commission President José Manuel Barroso, Brussels/Washington, 13 February 2013
On February 13, 2013, it was announced that the United States and the European Union will each initiate the internal procedures necessary to launch negotiations on a Transatlantic Trade and Investment Partnership (TTIP). Read PDF ». The Statement followed President Obama's State of the Union Address of February 12, 2013, "announcing that we will launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union — because trade that is fair and free across the Atlantic supports millions of good-paying American jobs."