U.S. Chamber Joins Partners to Support Transatlantic Trade Agreement

The U.S. Chamber of Commerce said it has “joined with its partners in the Business Coalition for Transatlantic Trade (BCTT) and leaders in government from both the U.S. and EU for an event to formally launch the coalition on Capitol Hill and highlight the strong support that exists for an ambitious transatlantic trade agreement.

“BCTT members joined acting United States Trade Representative Demetrios Marantis, Chairman of the European Parliament’s International Trade Committee Vital Moreira, EU Ambassador to the U.S. João Vale de Almeida, and a bipartisan group of members of Congress, including House Ways and Means Committee Chairman Dave Camp, in outlining the benefits of the Transatlantic Trade and Investment Partnership (TTIP) in boosting economic growth for both the U.S. and EU, and called for the agreement’s swift negotiation.”

Myron Brilliant, the Chamber’s executive vice president and head of International Affairs, said: “The vast support that exists for this trade agreement, both in the government and the private sector, underscores that trade is a key driver of growth and job creation for both the U.S. and EU. The business community is committed to assisting with the negotiation of a transatlantic agreement that fosters job creation, growth and investment on both sides of the pond, and we will continue our efforts to encourage both governments to get this deal done quickly.”

In 2012, the Chamber brought together a broad array of businesses and other associations to form the BCTT. The coalition seeks an ambitious and comprehensive agreement to support jobs and promote growth and competitiveness on both sides of the Atlantic. The Chamber serves as BCTT secretariat.

Source: U.S. Chamber of Commerce

Topics Mergers & Acquisitions USA Europe