> Negotiations > TTIP
quick search

A possible free trade agreement between the 28-member European Union and the USA has been mooted for a number of years, but also mired in disagreements between the two parties. By now, however, at a time when governments are desperate to salvage jobs and get out of recession, there are indications of substantive moves towards negotiating a far-reaching deal covering trade and investment.

At the EU-US Summit in November 2011, a High-Level Working Group on Jobs and Growth was launched as a forum to discuss how they could further integrate their trade relationship, with the option of launching an FTA. Enthusiasm to commence negotiations on such an agreement has seemed higher among EU politicians than in the US, where a response has been somewhat muted.

According to a June 2012 Interim Report to Leaders from the Co-Chairs of the High Level Working Group, such talks should seek to conclude a proposal for a comprehensive transatlantic agreement including chapters on intellectual property, services, investment, procurement, regulatory issues and non-tariff barriers, including an SPS-plus chapter (sanitary and phytosanitary measures) and a TBT-plus chapter (technical barriers to trade), and tariffs.

In November 2012, the TransAtlantic Business Dialogue (now TransAtlantic Business Council), a coalition of CEOs from US and European businesses, mainly transnational corporations, co-signed a letter to EU and US leaders urging a “quick launch of negotiations toward an ambitious and comprehensive transatlantic trade and investment agreement”.

In December 2012, a coalition of 60 US food and agricultural organisations sent a letter to the office of the US Trade Representative urging that agriculture be included in the agreement and pushing back at EU regulatory measures on genetically modified crop approval and labels, and the use of pesticides, for example.

As of early 2013, European leaders are getting more and more vocal about the need to get negotiations started.

If concluded, the Transatlantic Trade and Investment Partnership would be the world’s biggest FTA. According to the European Commission, the EU and US economies account together for around half the entire world GDP and for nearly a third of world trade flows. Total US investment in the EU is three times higher than in all of Asia. EU investment in the US is around eight times the amount of EU investment in India and China together. Approximately a third of transatlantic trade is estimated to consist of intra-company transfers.

January 2013

show articles in this section
related to  

[TTIP] Interbev : la filière viande en danger | 29-January-2015

Les professionnels de la filière viande bovine française ont interpellé la Commissaire européenne au Commerce, Cécilia Malström, en lui présentant les conséquences chiffrées d’une arrivée massive de viandes bovines américaines sur le marché européen.

TTIP: Regulatory cooperation - a threat to democracy | 29-January-2015

Video about the proposed regulatory cooperation chapter of the possible EU-US trade deal.

German carmakers say yes to TTIP | 29-January-2015

Top representatives from the German automobile industry met in Berlin to voice their support for TTIP. The controversial deal could save them billions of euros per year.

TTIP: Regulations handcuffed | 29-January-2015

A new leaked proposal from the transatlantic trade treaty negotiations (TTIP) shows the European Commission seemingly unstoppable in its drive to constrain regulations to protect the public interest – including potentially those made by regional authorities.

Traité transatlantique : "C’est un arrêt total des négociations que nous demandons" | 28-January-2015

Entretien avec Hélène Cabioc’h sur l’évolution des négociations Europe-USA et la mobilisation pour faire échec au traité transatlantique (Tafta).

German workers warn auto bosses not to compromise rights in TTIP | 27-January-2015

Union representatives at Germany’s largest carmakers including Daimler and Volkswagen warned auto bosses and politicians on Tuesday not to water down labour rights in negotiations for a transatlantic trade deal.

New study on preferential agreements and TTIP | 27-January-2015

A new research study from AEB and DHBW shows that companies expect TTIP to have almost no positive effects on employment and financial development.

EU-US trade talks in ’troubled waters’ | 23-January-2015

EU-US trade talks are “in troubled waters” and need a “fresh start for parliament to approve an agreement”, the chairman of the assembly’s international trade committee has said.

TTIP is ’big bonanza’ for developing countries, EU claims | 23-January-2015

German Development Minister Gerd Müller counters criticism of TTIP with study on how it will impact developing and newly industrialised countries

Government urged to protect interests of UK poultry farmers | 21-January-2015

The competitiveness of UK poultry producers is at risk if the EU-US trade negotiations proceed on the basis that products are of an ’equivalent’ standard.

0 | 10 | 20 | 30 | 40 | 50 | 60 | 70 | 80 | ... | 720 | archives