Dutch Member of the European Parliament Marietje Schaake (D66/ALDE) and the International Trade Committee of the European Parliament have supported commencement of negotiations between the EU and the US for a trade and investment treaty (Trans-Atlantic Trade and Investment Partnership (TTIP).
Schaake said: "The preparatory work is done; the contours of the treaty are appearing. Now the real work will start. Although the agreement can be a good opportunity for increasing jobs and economic growth, negotiations will be challenging. If we succeed, European manufacturers, service providers and investors will be able to do business with the US, and vice-versa, on new markets in and less complicated ways."