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…)