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TTIP NEGOTIATIONS : Where are we?

An overview of the three pillars of the TTIP negotiations, textual proposals, and the challenges ahead. Discusses impact on third countries and possibilities for inclusive regulatory cooperation.

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TTIP NEGOTIATIONS : Where are we?

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  1. TTIP NEGOTIATIONS : Where are we? Bozkurt ARAN Istanbul, February 12

  2. Three pillars of the negotiations

  3. Three pillars of the negotiations • A. Market access • Reducing tariffs on goods • Industrial goods • Agricultural products • Services • Public procurement • Rules of origin

  4. Three pillars of the negotiations • B. Regulatory cooperation (General position papers) • Harmonization, equivalence, mutual recognition • Horizontal • Sectors such as cars, chemicals, cosmetics, engineering products, medical devices, information and communication technologies, pharmaceuticals, textiles • Technical barriers to trade (TBT) • Food safety and animal plant health (SPS) • Sanitary – phytosanitary SPS measures

  5. Three pillars of the negotiations • C. Trade Rules • Development • Labour rights • Environment • Energy and Raw materials • Custom formalities - trade facilitation • Investment Protection • Competition • Intellectual Property Rights (IPR) and Geographical indicators (GI) • Dispute between governments • SME’s

  6. Textual proposals • Market access • Information on market issues is not expected to be revealed before the finalization of the TTIP • Regulatory Co-operation • Technical Barriers to Trade (TBT) • Food Safety and Animal and Plant Health (SPS)

  7. Textual proposals • RULES • Customs and Trade Facilitation • Small and Medium sized Enterprises (SMEs) • Investment Protection • Competition Policy • General • State Enterprises • Subsidies • Government to Government Dispute Settlement (GGDS)

  8. Remarks A final deal is still far from view: • The opposition against TTIP in EU member states. • Some member states have weak coalition governments, and politically vulnerable. • European Parliemant is open to special interests for non-trade issues. These groups are fueled by anti-globalisation sentiments. • The US Congress is harsh on the fast-track authority for the President.

  9. Remarks Impact on third countries: Better balance the interests of the TTIP members and third countries? Regulatory issues: favour mutual recognition Inclusive mechanism for 3rd country regulatory bodies Less restrictive rules of origin A sound mechanism for the integration of 3rd countries

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