In Support of a Trans-Atlantic Trade and Investment Partnership [PART 2]

Jun 08, 2013 791

by Mauro Battocchi

A successful ratification of a Trans-Atlantic Trade and Investment Partnership is possible in the next few years: an agreement that would effectively liberalize a third of global trade and further strengthen the political and economic cooperation between the two largest trading blocks on the planet.

In Europe, the incentive is one of growth. Though the Eurozone crisis has stabilized, large amounts of public debt and slow growth have created a political imperative to bolster economic output. Beyond austerity, the European Union can embrace aggressive economic liberalization to keep fanned the fires of economic growth.

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Fonte: San Francisco, Italy

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