BRUSSELS, Sept 11 (Reuters) – The European Union made an overture to the United States on Friday in a bid to avert transatlantic tit-for-tat inspections of auditors that would cause unease and red tape for the sector.

The EU’s executive European Commission said it tabled a proposal to introduce mutual recognition of auditing inspections with Canada, Japan and Switzerland, and added it would like to include the U.S. in the plan.