After almost four years of digging their way out of the global financial crisis, the US and the EU are eager to get their economies growing. Increased trade is crucial to a balanced plan for stimulating growth and job creation on both sides of the Atlantic.
A comprehensive transatlantic trade and investment deal would not only lower barriers but also raise the level of confidence in the US and EU – sparking significant growth in the world’s two largest economies.
This is a deal that must be done, it must be done now, and it must be done right. But in order to complete this pact, both sides are going to have to devote significant political focus to making tough choices in sensitive areas such as agriculture and domestic regulatory processes. Without addressing these vital issues, a deal will never happen.