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TTIP expected to deliver a range of economic and social benefits to the EU, study finds
On Wednesday, 27 January 2016, AmCham EU hosted a launch event for TTIP and the EU Member States, a new study by the World Trade Institute (WTI). The event focused on the economic opportunities that a Transatlantic Trade and Investment Partnership (TTIP) could offer and on the challenges that still need to be addressed in order for a robust agreement to be struck. TTIP is expected to deliver a range of economic and social benefits for EU citizens and businesses.
While presenting the findings of the study, Professor Joe Francois, lead author and Managing Director at WTI, stated: ‘TTIP could improve the trading environment for businesses of all sizes, establish robust provisions in areas such as labour and the environment, and deliver many benefits for consumers. The challenge is for Member States and the European Commission to pursue the necessary actions to take advantage of the opportunities offered’.
The presentation was followed by a lively panel discussion moderated by Hendrik Bourgeois, General Counsel Europe and Vice-President, European Affairs, GE & Chair of the AmCham EU TTIP Task Force.
The panelists were:
- Liina Carr, Confederal Secretary, European Trade Union Confederation (ETUC)
- Paolo Fellin, Vice-President, Worldwide Sales and Marketing, Global Construction and Infrastructure, Caterpillar
- Alessia Mosca, Member of the European Parliament (S&D, IT)
- Pablo Zalba, Member of the European Parliament (EPP, ES)