Slide Plan Done
2
SLIDE 2 ------ European Commision sell agreement to public in Several arguments Central arguments Quote from Trade commission Karl de Guutch - Translated the “Tremendeous Impact” into SLIDE 3 ----- Since tariffs between the US and the EU are already very low – on average import duties amount to 3% up to 4%– it is more important for TAFTA to remove trade tariff barrier and the obstacle to export product such as the quality standard, labelling requirement and etc so that it will increase trade and boost investment for the US and EU. And according to the study conducted by CEPR 2013, TAFTA/TTIP will increase EU export for EUR 159 billion and EU imports also increase by EUR 159 billion, thus will increase EU and US global competitiveness in the world SLIDE 4 ------ By using the combined leverage of their consumer markets, the US and the EU try to make this agreement as a global regulatory blueprint for future trade deals all over the world. The arguments apply even more from a US-perspective because TTP combine with TTIP will compromise more than 50% of world trade. TAFTA/TTIP would also trigger a new wave of bilateral trade agreements by countries outside the project trying to avoid exclusion and they also have to adopt TAFTA in order to stay in competition. SLIDE 5 ----- For example goods from the US would replace EU-imports on the German market SLIDE 6 ----- The fact that the negotiation is in closed group and there is no transparency leads to several civil and consumer position on several sensitive subjects such as: Legal protection, Environment, Human rights and etc. For example, in the labor and human rights. TAFTA | TTIP is sold to the general public as an engine for job creation. However, existing free trade agreements such as the NAFTA had showed opposite effect. High consumer and health standard where for example food product in the US uses genetically modified products and EU don’t use this product This sensitive subject has a potential for deep conflicts of interest which may provoke public protests and can increase the intensity of social conflicts within the US and EU. SLIDE 7 ------ With this TAFTA/TTIP negotiation, several problem arising to the relation with 3rd countries that not included in the agreement. Each EU and US have their own approach when concluding such agreement. For example, US require their FTA partners to implement WTO commitments and respective regulation while EU propose their trade partner to implement DCFTA in order to maintain their trade relation. This situation leads to a bigger problem such as some of the US product can’t be exported to EU trade patner countries because of different regulatory approach for example to some countries such as Georgia, Malta, Moldova and etc in order to maintain this country trade relation with EU.
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Transcript of Slide Plan Done
SLIDE 2 ------ European Commision sell agreement to public in Several arguments Central arguments
Quote from Trade commission Karl de Guutch - Translated the “Tremendeous Impact” into
SLIDE 3 ----- Since tariffs between the US and the EU are already very low– on average import duties amount to 3% up to 4%– it is more important for TAFTA to remove trade tariff barrier and the obstacle to export product such as the quality standard, labelling requirement and etc so that it will increase trade and boost investment for the US and EU.And according to the study conducted by CEPR 2013, TAFTA/TTIP will increase EU export for EUR 159 billion and EU imports also increase by EUR 159 billion, thus will increase EU and US global competitiveness in the world
SLIDE 4 ------ By using the combined leverage of their consumer markets, the US and the EU try to make this agreement as a global regulatory blueprint for future trade deals all over the world. The arguments apply even more from a US-perspective because TTP combine with TTIP will compromise more than 50% of world trade.TAFTA/TTIP would also trigger a new wave of bilateral trade agreements by countries outside the project trying to avoid exclusion and they also have to adopt TAFTA in order to stay in competition.
SLIDE 5 ----- For example goods from the US would replace EU-imports on the German market
SLIDE 6 ----- The fact that the negotiation is in closed group and there is no transparency leads to several civil and consumer position on several sensitive subjects such as:
Legal protection, Environment, Human rights and etc.For example, in the labor and human rights. TAFTA | TTIP is sold to the general public as an engine for job creation. However, existing free trade agreements such as the NAFTA had showed opposite effect.
High consumer and health standard where for example food product in the US uses genetically modified products and EU don’t use this product
This sensitive subject has a potential for deep conflicts of interest which may provoke public protests and can increase the intensity of social conflicts within the US and EU.
SLIDE 7 ------ With this TAFTA/TTIP negotiation, several problem arising to the relation with 3rd countries that not included in the agreement. Each EU and US have their own approach when concluding such agreement. For example, US require their FTA partners to implement WTO commitments and respective regulation while EU propose their trade partner to implement DCFTA in order to maintain their trade relation.
This situation leads to a bigger problem such as some of the US product can’t be exported to EU trade patner countries because of different regulatory approach for example to some countries such as Georgia, Malta, Moldova and etc in order to maintain this country trade relation with EU.
