September 24, 2013
Wilson on TTIP's Positive Impact in South Carolina
Motor vehicles, in general, are expected to be the top sector for export growth in almost half of the states, many of them in the South.The article goes on to discuss further the Global Business and Economics program's latest report, TTIP and the Fifty States: Jobs and Growth from Coast to Coast:
“States that are already integrated with a supply chain with the Transatlantic already have the running start,” said Damon Wilson, executive vice president of the Atlantic Council. “That’s where South Carolina structures in with BMW and others.”
The Atlantic Council’s 75-page study comes as Charleston and other East Coast port cities are battling for more business with Asian countries to offset slower growth from European nations that are weathering severe economic woes.
S.C. Commerce Secretary Bobby Hitt lauded the Atlantic Council report, noting the state’s “strong track record on foreign direct investment by European companies.”