WASHINGTON — European Union officials on Thursday touted the huge economic potential of a proposed free-trade pact with the United States even as they poked fun at its cumbersome name, the Transatlantic Trade and Investment Partnership.
“We’ve launched this strange animal called TTIP [‘tee tip’],” EU Ambassador to the United States JoIao Vale de Almeida said at a reception to mark Europe Day. “This is a game-changer. As I like to say, this is the mother of all free trade areas.” Continue reading