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The TTIP’s Potential Impact on Developing Countries: A Review of Existing Literature and Selected Issues

29-04-2015

The position and concerns of developing countries have only belatedly entered the discussion over the Transatlantic Trade and Investment Partnership (TTIP). While poor countries may gain much from the positive effects of the TTIP, their precarious positions means that they may be less able to react and adapt to negative consequences. The EU is required to assess the development effects of its policies, including trade policies, by the Lisbon Treaty. Although the shape and scope of the final TTIP ...

The position and concerns of developing countries have only belatedly entered the discussion over the Transatlantic Trade and Investment Partnership (TTIP). While poor countries may gain much from the positive effects of the TTIP, their precarious positions means that they may be less able to react and adapt to negative consequences. The EU is required to assess the development effects of its policies, including trade policies, by the Lisbon Treaty. Although the shape and scope of the final TTIP agreement is not yet known, economic analyses have identified different ways in which it could affect developing countries and influence the global trading system. Several economic studies have also attempted to measure the possible outcomes for different countries and regions. While it appears that the negative impact of trade diversion and preference erosion is likely to be small, there may be notable exceptions, including risks to the position of some countries in international value chains. Proposals to address such negative consequences include concrete measures for affected countries, such as extending unilateral preferences and shaping the TTIP in such a way as to facilitate positive effects. Extending the principle of mutual recognition or equivalence to third parties and defining liberal rules of origin in the agreement are particularly important.

The Expected Impact of the TTIP on EU Member States and Selected Third Countries

19-09-2014

The Trans-Atlantic Trade and Investment Partnership (TTIP) is one of the largest trade deals ever negotiated by the European Union. The European Commission, based on studies commissioned externally, has stressed on the extremely positive effects the deal could produce on the EU economy as a whole and tried to dismiss allegations that TTIP could have negatively impacted on a certain number of economic sectors and third countries, especially those benefitting from preferential access to the EU and ...

The Trans-Atlantic Trade and Investment Partnership (TTIP) is one of the largest trade deals ever negotiated by the European Union. The European Commission, based on studies commissioned externally, has stressed on the extremely positive effects the deal could produce on the EU economy as a whole and tried to dismiss allegations that TTIP could have negatively impacted on a certain number of economic sectors and third countries, especially those benefitting from preferential access to the EU and the US markets. Several independent studies, both general and regional, have meanwhile been published. These studies, while generally confirming the expected benefits to the EU economy as a whole, often diverge as far as given economic sectors or Member States are concerned. It is worth to note that at present time, only two studies dealing with third countries have been carried out. Impact on third countries has been analysed revealing that preferential partners of both the EU and the US may face severe losses should the deal be finally concluded following the most optimist scenario (full liberalisation).

Controversial issues in EU-India trade: Disputes at WTO level

25-04-2014

Despite long-running negotiations, there appears little prospect that the EU-India Bilateral Trade and Investment Agreement will be signed in 2014. Pending such an agreement, EU-India trade relations are regulated under their WTO commitments. Several recent disputes between India and the EU at WTO level illustrate the difficulties faced in the trading relationship.

Despite long-running negotiations, there appears little prospect that the EU-India Bilateral Trade and Investment Agreement will be signed in 2014. Pending such an agreement, EU-India trade relations are regulated under their WTO commitments. Several recent disputes between India and the EU at WTO level illustrate the difficulties faced in the trading relationship.

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