A possible free trade agreement between the 28-member European Union and the USA has been mooted for a number of years, but also mired in disagreements between the two parties. By now, however, at a time when governments are desperate to salvage jobs and get out of recession, there are indications of substantive moves towards negotiating a far-reaching deal covering trade and investment.
At the EU-US Summit in November 2011, a High-Level Working Group on Jobs and Growth was launched as a forum to discuss how they could further integrate their trade relationship, with the option of launching an FTA. Enthusiasm to commence negotiations on such an agreement has seemed higher among EU politicians than in the US, where a response has been somewhat muted.
According to a June 2012 Interim Report to Leaders from the Co-Chairs of the High Level Working Group, such talks should seek to conclude a proposal for a comprehensive transatlantic agreement including chapters on intellectual property, services, investment, procurement, regulatory issues and non-tariff barriers, including an SPS-plus chapter (sanitary and phytosanitary measures) and a TBT-plus chapter (technical barriers to trade), and tariffs.
In November 2012, the TransAtlantic Business Dialogue (now TransAtlantic Business Council), a coalition of CEOs from US and European businesses, mainly transnational corporations, co-signed a letter to EU and US leaders urging a “quick launch of negotiations toward an ambitious and comprehensive transatlantic trade and investment agreement”.
In December 2012, a coalition of 60 US food and agricultural organisations sent a letter to the office of the US Trade Representative urging that agriculture be included in the agreement and pushing back at EU regulatory measures on genetically modified crop approval and labels, and the use of pesticides, for example.
As of early 2013, European leaders are getting more and more vocal about the need to get negotiations started.
If concluded, the Transatlantic Trade and Investment Partnership would be the world’s biggest FTA. According to the European Commission, the EU and US economies account together for around half the entire world GDP and for nearly a third of world trade flows. Total US investment in the EU is three times higher than in all of Asia. EU investment in the US is around eight times the amount of EU investment in India and China together. Approximately a third of transatlantic trade is estimated to consist of intra-company transfers.
TTIP: Un tratado a la medida de las grandes corporaciones | 24-July-2014
Este texto quiere ayudar a desvelar las negociaciones secretas entre la UE y EEUU para el Tratado Transatlántico de Comercio e Inversiones (TTIP), una nueva vuelta de tuerca del capitalismo globalizado que profundiza en el ataque a nuestros derechos donde los servicios públicos y los derechos laborales son algunos de los objetivos a liquidar.
Críticas a acuerdo comercial de UE y Estados Unidos | 24-July-2014
El acuerdo comercial que negocian la Unión Europea (UE) y Estados Unidos (onocido como TTIP), países que concluyeron el viernes una sexta ronda de negociaciones, sigue levantando críticas por la falta de transparencia en que se realizan los contactos.
Leaked document reveals US-EU trade agreement threatens public health, food safety | 24-July-2014
A draft chapter of the US-EU trade agreement leaked today by the Institute for Agriculture and Trade Policy reveals public health and food safety could be at risk, according to an accompanying analysis.
Commission swamped by 150,000 replies to TTIP consultation | 24-July-2014
About 150,000 people have responded to the European Commission’s online consultation on the controversial investor-state dispute settlement (ISDS) clause in the Transatlantic Trade and Investment Partnership (TTIP).
EE.UU. presiona a UE contra el ambiente | 23-July-2014
Documentos internos que acaban de ser divulgados indican que Estados Unidos intenta bloquear una propuesta de reglamentación de la Unión Europea (UE) sobre cambio climático, con el fin de obligar a los países europeos a importar petróleo no convencional que especialistas consideran particularmente dañino para el ambiente.
El TTIP: ¿una amenaza para los sistemas sanitarios públicos? | 22-July-2014
El Acuerdo Transatlántico para el Comercio y la Inversión (TTIP en sus siglas en inglés), tratado de libre comercio entre la Unión Europea y Estados Unidos, está pasando bastante desapercibido por el debate público a pesar de que su negociación se encuentra en una fase bastante avanzada y que las consecuencias de su aplicación -con independencia de que se esté a favor o en contra de dicho acuerdo- serán profundas y variadas.
American poultry standards draw criticism at trade talks | 21-July-2014
At a stakeholder hearing in Brussels, the US chief negotiator on TTIP, Daniel Mullaney, argued that chlorine-washed chicken offered consumers a safe alternative
The secret deal that threatens NHS | 19-July-2014
People’s NHS sent Paul Giles, who was recently diagnosed with cancer, to Brussels to learn how TTIP would affect the UK’s National Health Service. What could possibly have gone wrong.
David Cameron urged to exempt the NHS from TTIP deal after unions claim it is at risk from being sold to American corporations | 19-July-2014
Unions claim the NHS is under threat by the giant US-EU trade agreement known as TTIP despite assurances from negotiators that it was exempt.
US accused of forcing EU to accept tar sands oil | 19-July-2014
Newly publicised internal documents suggest that US negotiators are working to permanently block a landmark regulatory proposal in the European Union aimed at addressing climate change, and instead to force European countries to import particularly dirty forms of oil.
PANG warns against Fiji’s ratification of IEPA | 22-Jul-2014
The secret deal that threatens NHS | 19-Jul-2014
Les négociations TAFTA et CETA utilisées pour affaiblir la législation climatique européenne | 17-Jul-2014
Malta: Anti-TTIP front launched | 15-Jul-2014
EJN condemns EPA | 13-Jul-2014
EFF: We join dozens of organizations and businesses to protest TPP copyright proposals | 11-Jul-2014
Susan George : “La mobilisation contre le traité transatlantique est difficile à cause du secret” | 11-Jul-2014
Los agricultores protestan en Seúl por el TLC con China | 10-Jul-2014
Las protestas contra el TTIP en el Reino Unido se centran en la privatización del Sistema Nacional de Salud (NHS) | 10-Jul-2014
Toutes et tous hors Tafta ! | 10-Jul-2014
Farmers protest China FTA in Seoul | 10-Jul-2014
AFL-CIO and ETUC issue "Declaration of Joint Principles" | 10-Jul-2014