Summer 2013 will see talks begin between the EU and the United States on producing a free-trade agreement that would give birth to the largest free trade zone on the planet, significant enough to add 0.5% or €86bn to overall EU GDP and 0.4% or €65bn to the US economy by 2027. This agreement would in effect encompass over one third of global output and trade. European Commission president Jose Manuel Barroso made the announcement after President Obama backed reducing trade barriers in Tuesday’s State of the Union address. It is hoped that talks, which will need the agreement of
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.