Author (Corporate) | European Commission: DG Communication |
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Series Title | Memo |
Series Details | MEMO/13/1080 (03.12.13) |
Publication Date | 03/12/2013 |
Content Type | News, Overview |
Abstract: According to IMF estimates, over the next years, 90% of world demand would be generated outside the EU. That is why it is a key priority for the EU to open up more market opportunities for European business by negotiating new Free Trade Agreements with key countries. If we were to complete all our current free trade talks tomorrow (4 December 2013), we could add 2.2% to the EU's GDP or €275 billion. This is equivalent of adding a country as big as Austria or Denmark to the EU economy. In terms of employment, these agreements could generate 2.2 million new jobs or additional 1% of the EU total workforce. Below is an overview of the most important on-going and concluded free trade negotiations. |
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Source Link | http://europa.eu/rapid/press-release_MEMO-13-1080_en.htm |
Related Links |
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Subject Categories | Politics and International Relations, Trade |
Countries / Regions | Europe |
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