What the Trans-Pacific Partnership (TPP) Means for the EU

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If, and when, the Trans-Pacific Partnership (TPP) is concluded, it will impact trade and economies far beyond the boundaries of countries included in the agreement. The trade deal spans four continents and is the latest in a wave of free trade agreements (FTAs) to emerge in the wake of the World Trade Organization’s stalled Doha Round. Yet the EU has been left out of the negotiations. While the EU has FTAs with a few countries involved in the trade talks, it risks ceding market share, access, and billions of euros in exports to many countries tied to the TPP.

Disagreeing to Agree: Why the more contentious aspects of the TTIP negotiations might not be as intractable as you think

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by Nicholas Hager In the shadow of major international crises and other Western foreign policy priorities, the Transatlantic Trade and Investment Partnership (TTIP) has been lumbering steadily toward completion. The benefits of this putative agreement have been repeated, and largely accepted, by both sides and opposition to it typically only offers critiques that amount to either speculative worst-case scenarios or empty populist nattering which equates …

Toward a Transatlantic Free Trade Agreement: What Impact on World Trade?

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by Johann Benson With negotiations now officially underway, the proposed Transatlantic Trade and Investment Partnership (TTIP) is taking its first steps toward becoming reality. Questions remain, however; not only about what form the final agreement may take, but also what effect it could have on international trade.  In its initial assessment of the TTIP, the OECD notes that while multilateral …

A Transatlantic Game Changer

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by Mitch Yoshida and Alessia Rossi After years of economic uncertainty and stalled multilateral trade negotiations under the WTO, U.S. and EU leaders have decided to negotiate a comprehensive trade and investment agreement – formally known as the Transatlantic Trade and Investment Partnership (TTIP) – by the end of 2014. By removing barriers between the world’s two largest and most …

WTO Agreements: Aims, Limits and the Problem of Rising Protectionism

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by Annika Schulz The WTO’s goal to promote “a more prosperous, peaceful and accountable economic world”   has lost some ground during the last couple of years. Signed in 1994, the General Agreement on Tariffs and Trade (GATT) 1994 was geared toward securing fair competition and investment promotion in international trade. Today, member states are having difficulty complying with the rules …

Is the U.S. Falling Behind on Trade?

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by Christine Hilt Recently, Senator Orrin Hatch (R-Utah) addressed the American Enterprise Institute (AEI) in Washington, DC at an event titled, “Are We Falling Behind on Trade?” His talk, which focused on the domestic politics of trade liberalization, included a condemnation of the Obama administration’s attempt to pass the updated Trade Adjustment Assistance (TAA) program by attaching it to the …