scholarly journals The Effects of the Transatlantic Trade and Investment Partnership on the European Union and Turkey

2014 ◽  
Author(s):  
Pınar Bal
Keyword(s):  
United States ◽  
European Union ◽  
The United States ◽  
Customs Union ◽  
The European Union ◽  
Trade Relations ◽  
Advantages And Disadvantages ◽  
Transatlantic Trade ◽  
Policy Alternatives ◽  
Trade And Investment

The goal of this paper is to analyze the possible effects of the Transatlantic Trade and Investment Partnership (TTIP) Agreement aimed to be signed between the European Union and the United States by the end of 2015. The TTIP is expected to have important social, economic and political benefits for the European Union and the United States. In this respect, following a short description of the TTIP, the possible effects of this agreement on the European Union, the United States as well as on world trade will be described. The effects of such an agreement on Turkey will also be examined both with respect to Turkey’s already existing relations with the European Union and the United States. In parallel with these, the advantages and disadvantages of the existing Customs Union Agreement between Turkey and the European Union will be evaluated with respect to the TTIP. Based on this analysis, some policy alternatives for Turkey will be proposed that might help Turkey to overcome the current disadvantages that will result from the TTIP and that might strengthen its trade relations with both the European Union and the United States by transforming those disadvantages into advantages.

Negotiating 21st Century Rules on Energy: What Is at Stake for the European Union, the United States and the BRICS?

2018 ◽  
Vol 19 (3) ◽  
pp. 415-443 ◽  
Author(s):  
Ilaria Espa ◽  
Kateryna Holzer
Keyword(s):  
United States ◽  
European Union ◽  
Renewable Energy ◽  
The United States ◽  
Energy Market ◽  
The European Union ◽  
Transatlantic Trade ◽  
Energy Trade ◽  
Trade And Investment ◽  
The Eu

Abstract In the context of the Transatlantic Trade and Investment Partnership (TTIP), the European Union (EU) has taken the lead in promoting the inclusion of a specific chapter on energy trade and investment in order to enhance energy security and promote renewable energy. Irrespective of the success of the TTIP negotiations, the EU proposal can contribute to developing multilateral rules on energy trade and investment. This is especially important given the increased number of energy disputes filed by the EU and the United States against other leading energy market players, including the BRICS. This article provides a normative analysis of the new rules proposed by the EU and reflects on potential responses of BRICS energy regulators. It argues that, while these rules are unlikely to immediately affect BRICS energy practices, they may eventually be ‘imported’ in BRICS domestic jurisdictions in order to promote renewable energy and attract investment in energy infrastructure.

How Can China Influence the Transatlantic Governance of Cultural Products in the Digital Age?

2018 ◽  
Vol 19 (3) ◽  
pp. 444-474
Author(s):  
Beatriz Barreiro Carril
Keyword(s):  
United States ◽  
European Union ◽  
Digital Age ◽  
The United States ◽  
The European Union ◽  
Cultural Products ◽  
Web Based ◽  
Transatlantic Trade ◽  
Problematic Issue ◽  
Trade And Investment

Abstract Cultural products were a problematic issue in the negotiations of the Transatlantic Trade and Investment Partnership (TTIP). The maintenance of the cultural exception – the exclusion of audiovisual products from some trade rules – was at stake at the beginning of the negotiations. The Europeans argued for the exception, while the United States were more interested in the liberalization of web-based cultural products than in the liberalization of traditional ones. Since the TTIP aimed to remove obstacles not only between European and American markets but also to set out global regulatory rules, China took a keen interest in the negotiations. This article shows how China is acting in the international legal sphere in order to improve its power in the field of cultural products and the effects of this on transatlantic negotiations. It also suggests some actions the European Union can take in order to defend its position in future negotiations.

scholarly journals Transatlantic Trade and Investment Partnership (TTIP): The Devil in Disguise or a Golden Opportunity to Build a Transatlantic Marketplace?

2016 ◽  
Vol 5 (2) ◽  
pp. 315-340 ◽  
Author(s):  
Christian Pitschas
Keyword(s):  
United States ◽  
European Union ◽  
Developing Countries ◽  
The United States ◽  
The European Union ◽  
Trading System ◽  
Transatlantic Trade ◽  
Multilateral Trading System ◽  
Trade And Investment ◽  
The Multilateral Trading System

Abstract The European Union (EU) and the United States are currently negotiating a free-trade agreement, the so-called Transatlantic Trade and Investment Partnership (TTIP). These negotiations have to be seen in perspective, since a number of other - bilateral and plurilateral - trade deals are being pursued at the same time. All these negotiations point to a worrisome aspect: the World Trade Organisation’s failure to come to a meaningful agreement in the Doha-round negotiations, in terms of market access, new rules and development. Like the Trans-Pacific Partnership (TPP), TTIP would stand out among the crowd of trade agreements because of the sheer volume of trade and investment flows across the Atlantic and the declared intention to boost regulatory cooperation and compatibility which is expected to bring the bulk of TTIP’s economic benefits. However, the prospect of concluding such a transatlantic agreement raises many concerns; the public in the European Union and the United States fears that TTIP could undermine existing levels of protection in areas such as health and the environment and impinge on either side’s “right to regulate”. Moreover, questions are being posed as to what TTIP would mean for the multilateral trading system and how it would affect third countries, especially developing countries. Against this backdrop, this article addresses the following issues in relation to TTIP: the vision underlying the negotiations; the European Commission’s negotiating mandate; the structure of the negotiations and their state of play; the Union’s competence for concluding TTIP and whether it is shared with EU Member States; and finally TTIP’s impact on the multilateral trading system and developing countries.

scholarly journals Advantages and threats of the Transatlantic Trade and Investment Partnership (TTIP)

2017 ◽  
Vol 3 (1) ◽  
pp. 81-87
Author(s):  
Oleh Ożarowski
Keyword(s):  
United States ◽  
European Union ◽  
The United States ◽  
Trade Barriers ◽  
The European Union ◽  
Goods And Services ◽  
Transatlantic Trade ◽  
Two Sides ◽  
Trade And Investment ◽  
The Eu

The Transatlantic Trade and Investment Partnership (TTIP) is a major trade pact created to further integration of the EU and US economies. In today’s low-tariff reality, the agreement concentrates on eliminating nontariff trade barriers between the states, such as the differing standards in the European union and in the United States for given consumer goods and services. Unfortunately, a number of barriers threaten ratification. The agreement remains far from implementation and it is hard to measure how the two sides would benefit from it equally.

Post-Brexit Global Trade Relations: The Death of TTIP?

2016 ◽  
Vol 17 (S1) ◽  
pp. 39-44
Author(s):  
Amanda Lyons-Archambault
Keyword(s):  
European Union ◽  
Bilateral Trade ◽  
Market Access ◽  
The United States ◽  
Global Trade ◽  
The European Union ◽  
Trade Relations ◽  
Economic Output ◽  
Transatlantic Trade ◽  
Challenges And Opportunities

Prior to Britain's popular referendum on whether to remain a member of the European Union, parts of the public in Britain and other European states had already expressed a great range of emotions concerning on-going negotations between the European Union and the United States regarding the bi-lateral Transatlantic Trade and Investment Partnership, more commonly referred to as “TTIP.” In February 2013, the European Commission optimistically projected that TTIP “would be the biggest bilateral trade-deal ever negotiated,” with the potential to “add 0.5% to the EU's annual economic output.” Most notably, TTIP seeks to streamline administrative rules and technical product standards in order to remove trade barriers, and aims to “achieve ambitious outcomes” across three broader areas—(a) market access, (b) regulatory issues and non-tariff barriers, and (c) rules, principles, and new modes of cooperation to address shared global trade challenges and opportunities.

scholarly journals Transatlantyckie partnerstwo w dziedzinie handlu i inwestycji - wsparcie czy zagrożenie dla wielostronnych porozumień międzynarodowych?

2015 ◽  
pp. 117-150
Author(s):  
Wanda  Dugiel
Keyword(s):  
United States ◽  
European Union ◽  
Negative Impact ◽  
The United States ◽  
The European Union ◽  
Total Trade ◽  
Regional Trade ◽  
Benefits And Costs ◽  
Trade And Investment ◽  
Wto Agreements

The article analyzes the benefits and costs of establishing the Transatlantic Partnership in the field of trade and investment for the United States, the European Union and third countries, in the context of theory of economic integration and WTO regulations. The following factors that increase the strength of the beneficial trade creation effect were analyzed: the place of the United States and the European Union in world trade, the importance of intra-regional trade in total trade, the share of sectors in the integration process, the level of customs duties before integration. The negative impact of TTIP for third countries was also examined. A The TIPP and WTO agreements were compared, particularly the attempts to regulate investor-state disputes in TTIP.

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