EU and US negotiators have come to the table in Brussels this week to continue discussions on a Transatlantic Trade and Investment Partnership (TTIP).
No one ever said negotiating trade agreements was easy. But if these two countries act now, the benefits will be far reaching.
TTIP was envisioned as an ambitious opportunity for the US and EU – two of the world’s most important economies – to simplify and grow trade and business opportunities between their two markets. One study commissioned by the European Commission projects that TTIP could result in an increase of €119 billion in EU GDP and €95 billion in the US, and increase global income by almost €100 billion by 2027. (more…)
There are pervasive myths and misconceptions about how data innovation is transforming the global economy, from the idea that it’s all about so-called “Big Data” (in fact, analyzing even small data sets can produce useful insights) to the false notion that all data is personal information (when discoveries are being made from data sources such … Read More >>
Today’s EU-US Summit in Brussels, at which President Obama will join his European counterparts, Herman Van Rompuy, President of the European Council, and José Manuel Barroso, President of the European Commission, provides an important opportunity to reinforce EU-US economic ties. A strong transatlantic partnership will send a message to global markets that the greatest prospects … Read More >>
There are a number of reasons the Transatlantic Trade and Investment Partnership (TTIP) holds the potential to be a significant agreement. Not least of these is the fact that the United States and European Union together account for half the world’s output and a third of all trade. But when all is said and done, … Read More >>