(Tim Wallace – CityAM)
Europe’s planned trade deal with the US could help to open the way for more deals with the developing world, the Confederation of British Industry said yesterday.
Although global trade negotiations have ground to a halt, the business group hopes that a wide-ranging Transatlantic Trade and Investment Partnership (TTIP) with the US could encourage further deals with countries such as China and India.
TTIP “could set the gold standard for other trade agreements around the world”, said the CBI’s Brussels director Sean McGuire. Read more here.