TTIP and the Implications for the Negotiation Process

Ioana Gutu ()
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Ioana Gutu: Alexandru Ioan Cuza University of Iasi

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 2, 110-114

Abstract: The Transatlantic Trade and Investment Partnership – TTIP is considered to become after its negotiations will be concluded, the largest bilateral trade and investments agreement ever agreed. The responsibility of talking over such a Treaty, belongs to the officials that activate within the European Commission – Directorate General for Trade and the United States Trade Representative – USTR. For its ratification and implementation, additional approvals will be needed: for the European side, it is required the approval of the European Parliament, seen as representing the opinion of the Member States, and on the American side, the agreement of both the Senate and the House of Representatives. TTIP held in October 2015 its 11th negotiation round, and according to the officials that are debating on it, is expected to be fully negotiated until the beginning of 2016. In the light of these facts, responsible for its implementation will be the negotiating structures, through the personnel formed of specialized diplomats that activate within.

Keywords: diplomacy; TTIP; EC; USTR (search for similar items in EconPapers)
JEL-codes: F (search for similar items in EconPapers)
Date: 2015
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