Koren on EU-USA Free Trade and Investment Agreement

http://mandiner.hu/cikk/20141119_mit_hozhat_nekunk_az_eu_usa_szabadkereskedelem - Hungarian news portal mandiner.hu investigates: Who is the EU-USA free trade and investment agreement good for and what is it about? What should consumers and companies expect? “It is not simply about dismantling customs borders, since customs are already pretty low in most branches between the EU and the USA, the only exceptions to that perhaps being the automotive industry and agriculture,” said economist and CEU professor Miklos Koren. “Basically, WTO was about convincing the members to open up their markets. The EU-USA free trade and investment agreement, on the other hand, is not so much about trade, but about common manufacturing,” Koren explained.