High hope in Europe for stronger EU-US trade and global ties with new Obama Presidency.

Obama victory: Europe reacts

https://api.multimedia.europarl.europa.eu/documents/20125/16122623/n001-121107-001-en.srt

determined with no small thanks  to the Democrats' capacity

to mobilise support  through social media.

Here, MEPs were in hot demand  for the view from Europe,

which, says the Chair of the EP's  delegation to the US,

found itself cold-shouldered  at the start of the first Obama presidency.

It became quite clear that Obama  would be the new Pacific President,

that Europe somehow is old stuff, old  fashioned, has a lot of problems and so on.

There was a shift  in the Obama Administration's policy

because they learned  that sharing principle ideas

on free trade, on free markets,  showed that we have a lot more in common.

And there will be a substantial free trade  agreement between the EU and the US

and that would range between a free trade  agreement indeed and a free trade zone.

What I am expecting from Obama  in his second term

is that he will be more determined  for a global governance,

From time to time we felt  a certain kind of fatigue

in the relationship between the European  Union and the United States of America.

The re-election of Barack Obama  on the basis of his programme

But no sooner is  a new American president elected,

than another giant power, China, chooses  its new leadership the following day.

The coincidence  offers Europe unique opportunities.

We have a new leadership in China  and I think, therefore,

that President Obama and the leaders of  Europe have a chance to reach out to them

and in many cases we may want  to do it together

in the context of making  the global trading system work better.

According to a survey, given the chance  to vote in the US elections,

they'd have widened the gap  between the candidates by some distance.

Congress is Republican so it's going  to be hard to pass laws etc.

MEPs will explore  the new Administration's take

on the possibility of opening  EU-US free trade agreement talks

when a delegation visits Washington  later this month.