The international trade committee is in charge of drawing up the recommendation on TTIP to MEPs, but 14 other committees will be contributing.
The TTIP talks focus on increasing reciprocal market access, making EU-US rules more compatible and developing mechanisms to face global trade challenges. It is expected that the deal will create opportunities for European small and medium-sized enterprises and lead to a boost of the EU's gross domestic product.
In 2013 there were almost 47% more European exports to the US than imports. Europe also received almost double the investment from the US than it sent to America.
REF. : 20150324IFG36801
