Austria Has High Hopes in Free Trade Agreement with the U.S.

Austria Has High Hopes in Free Trade Agreement with the U.S. / Picture: © Flickr

According to Christoph Schneider, director of the department for economic policy at WKO, the Austrian free trade agreement may cause a substantial increase in exports to the U.S. As a result, the Austrian labor market may benefit remarkably, he explains. “Austria will benefit much more than the EU as a whole.” he says. According to him, the agreement may be concluded in…