EU shipowners call for grater access to U.S. market
The European Community Shipowners’ Associations (ECSA) said that in the context of the sixth Trans-Atlantic Trade and Investment Partnership (TTIP) negotiations round.
This will in turn stimulate maritime transport, which will effectively underpin the increased exchanges and act as a vector for the ensuing commercial activity between the two trade partners.
However, restrictions on domestic cargoes, so-called cabotage rules, still firmly exist in the United States. This results from the Merchant Marine Act of 1920, better known as the Jones Act. ■