Obama Administration to Open Talks to Promote Services Trade

The U.S. will participate in global talks to lower trade barriers in financial services and telecommunications, a step toward an agreement sought by companies including JPMorgan Chase & Co. (JPM) and AT&T Inc.

President Barack Obama’s administration today notified Congress of its intent to take part in the negotiations at the World Trade Organization in Geneva, according to a statement from the U.S. Trade Representative’s office.

To contact the reporter on this story: Brian Wingfield in Washington at bwingfield3@bloomberg.net

To contact the editor responsible for this story: Steve Geimann at sgeimann@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.