By Jared Angle
American and European trade representatives will meet next week for a seventh round of negotiations for the Transatlantic Trade and Investment Partnership (TTIP), a prospective free trade agreement between the United States and the European Union.
The negotiations, which will take place outside Washington, are scheduled to last from Sept. 29 to Oct. 3, according to the European Commission.
The US is the EU’s largest trading partner; in 2011, the EU exported €250 billion in goods and services to the US and imported €187 billion. With the tariff reductions and other market liberalization features in a prospective TTIP agreement, trade volume and job growth would increase significantly for both economies.