A study by the World Trade Institute and a number of universities commissioned by the EU's American Chamber of Commerce concluded that the impact of the proposed trade agreement between the European Union and the United States would be positive for all EU states - except Malta, former Prime Minister Alfred Sant said today. Addressing the general meeting of the party's Valletta section, Dr Sant referred to the Transatlantic Trade and Investment Partnership being negotiated for a free trade zone covering investments between the EU and the USA. The study, which was published this week, assessed in depth the economic impact that TTIP would have on EU states. "In Malta's case, the authors of the study predict that there will be a 0.3 per cent drop in the Maltese economy They also predict that there will be a 0.7 per cent decline in Malta's investment. This is a matter that deserves full debate and study in Malta," Dr Sant said.
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