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September 5, 2021

EU warns US of legal action if it does not take action over ZURICH INSURANCE bill

The European Union warned Washington of legal consequences if it fails to enforce the landmark European Union-US trade deal.

European Trade Commissioner Karel De Gucht made the announcement Wednesday as he announced that the United States and the European Union have reached a deal on the so-called Trans-Pacific Partnership (TPP).

He said the agreement, if signed, would give American companies access to the EU market and boost exports to the bloc.

The agreement would not only boost American exports but also reduce European tariffs, De Guchet said.

It would also boost U.S. exports to Europe, he added.

The EU is seeking a court ruling to block the United Kingdom from making the TPP the first of its kind, a step the U.K. is expected to take later this year.

De Guchts comments come a day after the EU said it is taking action against the United Nations for what it called its “lack of seriousness” in fighting climate change.

The European Commission has accused the United Nation of having “a lack of credibility” for its climate change action plans.

The U.N. body said it “does not recognize” the Paris Agreement, the pact agreed by 195 nations in December 2015.

The deal is a major step towards reducing greenhouse gas emissions and curbing global warming.

De Cleyre said the United State is responsible for its own emissions and for other countries’ emissions.

“We are committed to meeting our climate goals, but we are also responsible for our own emissions,” he said.

“If we fail to meet our commitments and if we do not enforce our responsibilities under the Paris agreement, we will have serious consequences.”

De Cleche added that the agreement is aimed at reducing carbon emissions in the world’s largest economy.

“It will be very, very difficult to reach a carbon reduction agreement without a significant reduction in our overall emissions,” De Cleyres said.

De Gaulle, who is a strong proponent of the deal, told the French daily Le Monde that “Europe is on the verge of achieving its destiny” under the agreement.

He also noted that France has a major trade surplus with the United Sates.

The United States has criticized the agreement as an attempt to “double down” on the Paris climate accord.

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