The agreement would give duty free and quota free access to the EU market in return to liberalisation of their own markets to EU imports.

BBC: EU - Pacific trade agreement

He said budgetary reform would be a priority and promised reform of EU energy markets to increase liberalisation.

BBC: State of the Union address 2010

Experts say full liberalisation between the EU and US could transform the industry, leading to mergers between airlines.

BBC: NEWS | Business | 'Open skies' deal faces delay

EU's deadline of July 2007 for full liberalisation of European energy markets is approaching fast.

ECONOMIST: European utilities: Bidding and competing | The

French President Jacques Chirac and Prime Minister Lionel Jospin had told their EU partners on Friday they could not go any further on energy liberalisation.

CNN: Protesters, police clash after EU summit

EU. Not that he, for all his opposition to trade liberalisation when industry minister from 1991 to 1993, would declare himself against markets as such.

ECONOMIST: Dominique Strauss-Kahn, euro-coach

The EU summit in Barcelona last month ended with an agreement on a major liberalisation of energy markets - a deal which France had threatened to block to protect its giant state electricity monopoly, Electricite de France.

BBC: Schroeder warns of far-right backlash

But he would like to see the Germans do more to liberalise their own services, to bolster the EU's single market (indeed, he wrote a report for the commission in May 2010 advocating further liberalisation).

ECONOMIST: Italy��s prime minister