Submitted by christian on Sat, 09/27/2014 - 13:50
The S&D Group (Socialists and Democrats) recognizes the opportunities of the agreement. Especially as regards improved access to the U.S. markets for services and public procurement, recognition of technical standards, protection of EU geographical indications and the abolition of U.S. trade restrictions (as for instance the 'Buy American Act' and the 'Jones Act'), the EU and its industries and services have clear offensive interests under the T-TIP. Furthermore, the T-TIP can provide an opportunity to reinforce workers' rights in the USA, based on high ILO and EU standards.