Independent study outlines benefits of EU-US trade agreement

Sunday, March 17, 2013

This study, was commissioned by the European Commission's Directorate General for Trade, examines the potential effects of the EU-US Transatlantic Trade and Investment Partnership. It takes a detailed look at current transatlantic trade and investment flows and existing barriers to these, and then uses economic modelling to estimate the potential impact of different policy scenarios. The study highlights the gains to be made from liberalising EU-US trade, not just for the two trading blocs, but also for the global economy. It examines the overall economic gains, the sectoral benefits, reductions in non-tarrif barriers to trade, the effects on labour markets and the impact sustainability.