Trade agreements with side-effects? European Union and United States to negotiate Transatlantic Trade and Investment Partnership

Autor: Mildner, Stormy-Annika, Schmucker, Claudia
Přispěvatelé: Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Rok vydání: 2013
Předmět:
Handel
Economics
Wirtschaftsbeziehungen
trade barrier
United States of America
Internationale Beziehungen
WTO
transaction costs
direct investment
Handelspolitik
Handelshemmnis
ddc:330
liberalization
Liberalisierung
bilateral relations
Marktzugang
Zölle
Nichttarifäre Handelshemmnisse
Auswirkung internationalen Abkommens
Internationale Handelsordnung
WTO-Welthandelsrunde 01. (Doha
2001-11-09)
Dienstleistungen
Handelsumlenkung
Streitbeilegungsverfahren (WTO)
USA
internationales Abkommen
bilaterale Beziehungen
Wirtschaft
economic relations
Direktinvestition
International Relations
International Politics
Foreign Affairs
Development Policy
commerce
Transaktionskosten
trade policy
Wirtschaftspolitik
international agreement
Economic Policy
International relations
internationale Beziehungen
Entwicklungspolitik
EU
ddc:327
Zdroj: SWP Comment
Popis: "At the G8 summit in Northern Ireland on June 17, the European Union and the United States kicked off the negotiations for a comprehensive Transatlantic Trade and Investment Partnership (TTIP) to reduce tariffs and non-tariff trade barriers. While the expected economic benefits for both sides would be more than welcome in an era of gloomy growth forecasts, a TTIP is not entirely without risks for global trade and the multilateral trading system. The talks could tie up a considerable portion of EU and US negotiating capacity and divert attention from the WTO Doha Round. More broadly, potential trade-diverting effects could function to the detriment of other trading partners. Such side-effects should be avoided. The 'high road' of international trade policy must remain the WTO, with bilateral agreements making sense only as a stepping stone to multilateral liberalisation. Alongside the TTIP talks, the Transatlantic Partners should therefore continue to push for a conclusion of the Doha Round. And the TTIP must be designed to be compatible with WTO rules." (author's abstract)
Databáze: OpenAIRE
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