18 Aug 2016
The Transatlantic Trade and Investment Partnership (TTIP) is a proposed free trade agreement between the EU and the US. It aims at removing trade barriers in a wide range of economic sectors to make it easier to trade goods and services and invest between the two. The negotiations for the TTIP cover many parts of the economy, including manufacturing, services and agriculture. By removing barriers to trade, it will provide a boost to economic growth, create jobs and lower prices.
Related section: EU
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Related term: EU