The Confederation of British Industry – CBI: strong backing for EU-US trade deal

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April 30, 2013 by Silvana Bolocan

A US and EU free trade accord could help get both economies out of the mire, write CBI director-general John Cridland and Irish Business and Employers’ Confederation chief executive Danny McCoy in the Irish Times.

An agreement between the two economic blocs would also increase global trade. This would produce an additional 6 per cent growth in exports for the EU, bringing the benefit to the EU to €220 billion per year. EU exports would grow in almost all sectors, from processed foods to chemicals and manufactured goods.

http://www.cbi.org.uk/media-centre/news-articles/2013/04/transatlantic-trade-deal-would-be-boon-to-all/

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