EU and US Nearing Finalization of Framework Trade Agreement

The European Union and the United States are on the verge of concluding a framework trade agreement. A senior EU official confirmed this development on Tuesday, emphasizing the near-completion of the joint statement.

"It is pretty much ready," the official remarked, highlighting the preparedness of the document. The EU is currently in a holding pattern, awaiting feedback and confirmation on the remaining details from its U.S. counterparts.

No definitive timeline for the publication of the statement has been provided. However, the official's comments suggest that both parties are progressing steadily toward formalizing their agreement.