Mar 2, 2015

European Microtechnology companies reserved about TTIP in its present design

Mar 2, 2015



The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the US is causing mixed feelings in the European micro- and nanotechnology industry.
 
The companies appreciate the potential benefits of the free trade agreement, but they still disapprove of it in its considered design. TTIP might gain a better reputation with the European micro- and nanotechnology companies, if the goals were communicated more actively, negotiations became more transparent and controversial issues were resolved with priority.
 
More than two thirds (69%) of respondents believe that their company would benefit from TTIP at least a little. A larger proportion (75%) think that TTIP would have a positive impact on the economy of their country. Especially companies with high export quotas hope to gain economic profit from the free trade agreement.
 
Source: IVAM Survey 2015

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