Document Type
Article
Disciplines
International Law
Abstract
In recent years the Transatlantic Trade and Investment Partnership (TTIP) has received a considerable amount of attention, in part due to the secretive nature of the EU-USA trade deal talks. Conflicting views have been expressed. Some argue that TTIP is a threat to the international trading system while others believe that it is an economic panacea that is long overdue.
This article explores the various ways in which TTIP will impact the European Union (EU) and the United States of America (USA). It provides an overview of TTIP and the background to the trade talks, particularly in light of the 2008 financial crises. It then assesses the impact of TIP on the EU and the USA in terms of the claimed benefits and drawbacks gleaned from available research. The impact of the TTIP on key sectors of the economy such as public health, agriculture, labour and enterprise, and issues relating to specific chapters dealing with regulatory cooperation, the dispute settlement mechanism and public procurement are also analysed The impact of the trade deal on the international trading system and developing countries is also discussed. Reforms aimed at improving both the negotiation process and the agreement itself are discussed throughout the article.
Recommended Citation
Bruneau, Jonathan Cristophe and Feehily, Ronan, "The Transatlantic Trade and Investment Partnership: A Threat to the International Trading System or the Panacea for the Economic Predicaments Faced by the EU and the USA?" (2017). Connecticut Journal of International Law. 581.
https://digitalcommons.lib.uconn.edu/cjil/581
Accessibility Requirements
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