Deal may create 8,000 Irish jobs

A potential trade agreement being negotiated between the EU and US could result in the creation of 8,000 Irish jobs, according to research.

The Transatlantic Trade and Investment Partnership would be more than twice as beneficial to the Irish economy than the EU average and would add 1.1% to the country’s GDP, the study by Copenhagen Economics estimates.

Jobs Minister Richard Bruton said that while the Government was not in a position to stimulate the economy with major spending, job-creation must be led by increased levels of trade and exports.