WIREDGOV

The CBI commented on the outcome of the European Parliament’s plenary vote on the Transatlantic Trade and Investment Partnership (TTIP).

Sean McGuire, CBI Brussels Director said:

“It’s great to see MEPs confirm their support for a trade and investment deal with the United States, the UK’s biggest export market outside the EU.  

“British businesses of all sizes will benefit from a deal that cuts tariffs, unlocks new trade in services, reduces red tape and protects overseas investment. Free trade ultimately means lower prices for consumers and more jobs.

“Both the EU and United States must now move full steam ahead to deliver an ambitious agreement. Getting TTIP signed would be a great example of the EU focusing on the big issues that are so vital for the future of our economy.”