{"id":287,"date":"2015-03-28T08:07:37","date_gmt":"2015-03-28T08:07:37","guid":{"rendered":"http:\/\/www.goodada.com\/blog\/?p=287"},"modified":"2015-03-28T08:07:37","modified_gmt":"2015-03-28T08:07:37","slug":"how-transatlantic-trade-and-investment-partnership-ttip-will-benefit-business","status":"publish","type":"post","link":"https:\/\/www.goodada.com\/blog\/how-transatlantic-trade-and-investment-partnership-ttip-will-benefit-business\/","title":{"rendered":"How Transatlantic Trade and Investment Partnership (TTIP) will benefit business"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Progress on the Transatlantic Trade and Investment Partnership (TTIP) is still on going.<\/p>\n<p>But I have decided to use Ireland as a case example to show where the likely impacts and benefits to small business will be.<\/p>\n<p>The government of Ireland recently commissioned a report to investigate the impact to Ireland of the proposed trade agreement between the EU and the US, known as TTIP.<\/p>\n<p>It found that overall that Ireland would benefit higher than any other European county. For Ireland the US accounts for 49% of its non EU trade, which is far higher when compared to the EU average level \u00a0of 16% . The UK has a just under a 20% non EU trade level.<\/p>\n<p>The report highlighted that TTIP would impact Ireland in the following:<\/p>\n<ul>\n<li>The economy of Ireland would increase by over 1%<\/li>\n<li>This would mean a \u20ac2 billion increase (using 2013 data)<\/li>\n<li>This would add export related jobs of between 5,000-10,000<\/li>\n<\/ul>\n<p>The industries in Ireland which will gain from a TTIP agreement are:<\/p>\n<ul>\n<li>Manufacturing<\/li>\n<li>Agri \u2013 Food<\/li>\n<li>Insurance<\/li>\n<li>Services<\/li>\n<\/ul>\n<p>The industries which could suffer a negative impact include:<\/p>\n<ul>\n<li>Beef<\/li>\n<li>Accountancy<\/li>\n<\/ul>\n<p>This will be a game changer for many small businesses because by reducing trade and regulatory barriers, it will make financial sense for many more small firms to export and for those already exporting to increase their trade volumes. Now is the time for small and medium sized businesses to start preparing and be ready for the immense opportunities which TTIP will bring.<\/p>\n<p><em><strong><span style=\"color: #008000;\">Goodada assists companies from both the US and EU to develop and grow trade between each other. Join Goodada today.<\/span><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Progress on the Transatlantic Trade and Investment Partnership (TTIP) is still on going. But I have decided to use Ireland as a case example to show where the likely impacts and benefits to small business will be. The government of Ireland recently commissioned a report to investigate the impact to Ireland of the proposed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[84,127,143,77,87],"class_list":["post-287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-trade","tag-eu-trade","tag-eu-us-fta","tag-ttip","tag-uk-shipping","tag-us-eu-trade"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Study on how TTIP trade agreement will benefit businesses<\/title>\n<meta name=\"description\" content=\"Transatlantic Trade and Investment Partnership TTIP between the US and EU will impact positively for business. This report shows the benefits for Ireland\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.goodada.com\/blog\/how-transatlantic-trade-and-investment-partnership-ttip-will-benefit-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Transatlantic Trade and Investment Partnership (TTIP) will benefit business\" \/>\n<meta property=\"og:description\" content=\"Transatlantic Trade and Investment Partnership TTIP between the US and EU will impact positively for business. This report shows the benefits for Ireland\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.goodada.com\/blog\/how-transatlantic-trade-and-investment-partnership-ttip-will-benefit-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Goodada Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mygoodada\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-28T08:07:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.goodada.com\/blog\/wp-content\/uploads\/2015\/03\/TTIP_Image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"576\" \/>\n\t<meta property=\"og:image:height\" content=\"311\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Aidan Conaty\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@goodada_com\" \/>\n<meta name=\"twitter:site\" content=\"@goodada_com\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aidan Conaty\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Study on how TTIP trade agreement will benefit businesses","description":"Transatlantic Trade and Investment Partnership TTIP between the US and EU will impact positively for business. 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