On Thursday MEPs in Strasbourg are set to adopt their recommendations for the forthcoming EU-US free trade negotiations.
The EU and US together represent about half (47%) of the global economy and 30% of global trade. According to government figures, a free trade agreement between these economic powerhouses could be worth between £4-10bn a year to the UK economy.
South East MEP Catherine Bearder, the Liberal Democrat European spokesperson on trade, commented ahead of tomorrow’s historic vote:
“An EU-US trade deal would open up and increase economic activity on both sides of the Atlantic. Liberal Democrats in the European Parliament and in government in the UK are concentrating our efforts on pushing for a speedy conclusion of negotiations to strengthen the European economy and bring new private sector jobs into the UK.” Continue reading