U.S. Hopeful Of December TISA Conclusion Despite Limited Progress

The United States after the 20th negotiating round for the Trade in Services Agreement hopes the negotiations can wrap up at a Dec. 5-6 ministerial -- despite seemingly little progress on key issues such as the U.S. proposal to ban data localization for financial services and an EU proposal to exclude so-called "new services" from coverage. After the 20th TISA round in Geneva, which went from Sept. 19-25, Deputy U.S. Trade Representative Michael Punke told reporters there had been a...