U.S. announces intent to sign covered agreement on insurance with EU
The Office of the U.S. Trade Representative and the Treasury Department announced on Friday that the U.S. will sign a covered agreement on insurance and reinsurance measures with the EU “in the coming weeks” and will issue a policy statement about the deal's implementation upon its signing. “This is an important step in making U.S. companies more competitive in domestic and foreign markets and making regulations efficient, effective and appropriately tailored,” the July 14 announcement said. “Furthermore, the Bilateral Agreement...