Transatlantic Trade and Investment Partnership (TTIP)
On June 17, President Obama, together with European Council President Van Rompuy, European Commission President Barroso, and Prime Minister Cameron, announced that the United States and the European Union (EU) will launch negotiations on a Transatlantic Trade and Investment Partnership (TTIP) agreement. The Leaders agreed to hold the first round of TTIP negotiations the week of July 8 in Washington, D.C., under the leadership of the United States Trade Representative. For the full text of the President’s remarks, click here.
TTIP will be an ambitious, comprehensive, and high-standard trade and investment agreement that offers significant benefits in terms of promoting U.S. international competitiveness, jobs, and growth. This ambitious trade and investment agreement will aim to boost economic growth in the United States and the EU and add to the more than 13 million American and EU jobs already supported by transatlantic trade and investment.
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