First response: Tory:
Thank you for your email and for raising your concerns regarding the Transatlantic Trade and Investment Partnership (TTIP).
Dr Kamall has contacted the office of his conservative colleague Robert Sturdy who is following this issue on the International Trade (INTA) committee. They have sent us the following response:
“First please allow me the opportunity to explain some background to these on-going negotiations. The European Union and the United States are each other’s main trading partners and enjoy the largest bilateral trade relationship in the world. Transatlantic trade flows (goods and services trade plus earnings and payments on investment) averaged $4 billion each day through the first three quarters of 2011. In 2008 EU/US combined economies accounted for nearly 60 % of global GDP.
However, for all its value and importance, the EU-US trading relationship still suffers from numerous obstacles, preventing it reaching its full potential to provide…
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