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April 24, 2014

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This is a press release submitted to the Las Vegas Sun. It has not been verified or edited by the Sun.

Press Release

Government Shutdown postpones agreement that could mean over 9,000 jobs for Nevada

Published on Mon, Oct 7, 2013 (9:28 a.m.)

Due to financial and staff constraints from the government shutdown, negotiations for the second round of the Transatlantic Trade and Investment Partnership (TTIP) have been postponed. The TTIP is a free trade agreement being negotiated between the United States and the European Union, which would create the largest free trade bloc in the world.

According to a study by the Bertelsmann Foundation, a German think-tank, this agreement would mean over 9,000 jobs and a 14 percent boost to exports for Nevada. The vast majority of these jobs would be in the services sector. Proportionally, Nevada will experience a greater increase in jobs than any other state. The full report can be read here: http://www.bfna.org/sites/default/files/TTIP%20and%20the%2050%20States_WEB.pdf

Negotiations were scheduled for October 7-10. It will not be clear if they will be rescheduled until after the government shutdown ends.

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