Breakfast w/… Peter Beyer, Member of the German Bundestag
“Mutual trust is based on mutual respect,” said Peter Beyer, Member of the German Bundestag at a breakfast meeting on Wednesday, Feb. 26. at the GACC South in Atlanta.
About 15 members from the German-American business community joined Mr. Beyer in a discussion about the chances and challenges of the Transatlantic Trade and Investment Partnership (TTIP). Mr. Beyer is the CDU/CSU Rapporteur for Transatlantic Relations at the German Bundestag in Berlin.
In his keynote, he outlined the potential economic impacts for both continents but also referred to critical topics, such as the NSA surveillance program and its effect on the German-American relationship and public opinion. “TTIP is an ambitious project but it is achievable,” said Mr. Beyer.
After providing a brief overview of EU-US economic history, Mr. Beyer indicated that in 2007, when Germany held the Presidency of the EU Council, first drafts of such a transatlantic deal were presented. Following the worldwide economic recession, the idea gained momentum. In fact, Mr. Beyer referred to studies by the Bertelsmann Foundation (2013), which indicate that TTIP, once implemented, would contribute to the creation of jobs, growth of economies, and most importantly, restore economic and political trust between Europe and the U.S.
In an open discussion, Mr. Beyer also touched upon the benefits of TTIP for German Small and Medium-Sized Enterprises in the U.S. After the talk and discussion, guests had the opportunity to network.
Please visit the GACC South image gallery to view all photos of the event.