What is the Transatlantic Trade and Investment Partnership (TTIP)?
The Transatlantic Trade and Investment Partnership (TTIP) is a proposed trade agreement between the European Union (EU) and the United States aimed at promoting trade and economic growth. This agreement seeks to remove trade barriers in a wide range of economic sectors to facilitate the purchase and sale of goods and services between the two regions. TTIP also aims to harmonize regulatory standards to simplify the compliance process for businesses operating on both sides of the Atlantic.
