The Transatlantic Trade and Investment Partnership (TTIP) could create between 20,000 to 30,000 new jobs in Hungary. TTIP will help big businesses as well as SMEs. The trade pact is expected to increase Hungary’s GDP by 0.1 to 0.3 percentage points, booasting exports by 5 to 20 percent. TTIP is a proposed trade agreement between the European Union and the United States, with an aim of promoting trade and multilateral economic growth.
