EU-USA trade deal could result in 10,000 jobs for Ireland

A possible deal between the European Union and America could result in 10,000 new jobs for Ireland.

The sector most likely to see the greatest increase, if the deal goes through, is the export sector.

Reports suggest that if the Transatlantic Trade and Investment Partnership (TTIP) is agreed upon, the Irish economy is forecast to have a 1.1% improvement.

The TTIP will increase the export sector for three to five years, almost double what any other European Union country can expect.

The study in to the trade deal, commissioned by the Minister for Jobs Richard Bruton says that: “Because Ireland’s trade balance with the US is already very favourable, TTIP will in fact improve Ireland’s trade balance by €2.4 billion.”