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Interested in maladministration. Estd. 2005
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international / eu / press release Monday May 02, 2016 22:39 by FoE
The controversial trade deal being negotiated between the EU and the US could spell disaster for EU farming and particularly for the Irish beef sector, according to a new report from Friends of the Earth Europe.
The report ‘Trading away EU farmers’ reviews modelling studies carried out in the EU and US on the impacts of the Transatlantic Trade and Investment Partnership (TTIP). The report concludes that TTIP will massively increase imports from the US, while having far fewer benefits for EU producers. Studies foresee a decline of up to 0.8% for EU agriculture’s contribution to gross domestic product, while US agriculture's contribution to it will increase by 1.9% - a net trade benefit to US interests of over 4 billion euros. read full story / add a comment
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