Monday 19 February 2018

Bruton pushes trade pact

Q TRADE talks between the European Union and the US may help create up to 400,000 jobs in Europe, a minister has said.

Jobs Minister Richard Bruton said reaching agreement between all the EU trade ministers on the basis for the talks had taken several months.

Mr Bruton said that the priorities for the Irish-led EU Presidency included stability and jobs growth, and a trade agreement between the major economic areas would hold "massive potential".

He said a trade partnership could boost growth in the EU and help create 400,000 jobs. The minister said the current transatlantic trade was worth more than 15 million jobs on both sides of the ocean.

"But its full potential is far from being tapped," said Mr Bruton after chairing a meeting of the EU's Trade Council in Luxembourg. He said such an agreement would benefit firms looking to export in addition to the US firms that employ over 115,000 people directly in Ireland.

Irish Independent

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