Download or read book The Regulatory Cooperation Chapter of the Transatlantic Trade and Investment Partnership written by Alberto Alemanno and published by . This book was released on 2015 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transatlantic Trade and Investment Partnership (TTIP) has the potential to remake political and legal relationships between the EU and the US and pave the way to a new form of global economic governance based on international regulatory cooperation. In particular, TTIP presents an historic opportunity for the European Union and the United States to remove regulatory divergence - today's most prominent obstacle to trade exchanges -, thereby increasing economic growth for the citizens of both polities. Yet, the EU and the US have been attempting to reduce trade barriers since the 1970s. Despite decades of co-operation, EU and US policymakers too often fail to mutually understand each other's positions, giving rise to regulatory differences. As an international agreement predicted to contain a Horizontal Chapter - an innovative approach to international trade treaty-making containing a framework for future bilateral regulatory cooperation -, TTIP has the potential to transform this impasse, if approached correctly. The envisaged chapter would provide a 'gateway' for handling sectoral regulatory issues between the EU and the US, including by addressing both legislation and non-legislative acts, regardless of the level at which they are adopted and by whom. Yet with great promises come challenges too.This article focuses on the structure, scope, discipline, institutional design, enforcement and implementation of the envisaged horizontal chapter, often defined Regulatory Cooperation Chapter. In so doing, it addresses some of the concerns currently raised by civil society, in particular the fear of a 'race to the bottom' that may stem from the operation of this chapter and provides some recommendations.
Download or read book The Transatlantic Trade and Investment Partnership TTIP and Parliamentary Regulatory Cooperation written by Alberto Alemanno and published by . This book was released on 2014 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transatlantic Trade and Investment Partnership (TTIP) presents an historic opportunity for the European Union and the United States to remove regulatory divergence - today's most prominent obstacle to trade exchanges -, thereby increasing economic growth for the citizens of both polities. Yet, with great promises come challenges too. The EU and the US have been attempting to reduce trade barriers since the 1970s, and parliamentarians as well as regulators from both sides of the Atlantic have since the 1990s been working to institutionalise these efforts through a variety of dialogues and committees, as epitomised by the Transatlantic Legislators' Dialogue (TLD). While this report reviews these efforts in detail, the general conclusion regarding past attempts at regulatory convergence is an overall lack of success: regulatory differences remain as neither side has the incentives to consider the extraterritorial effects of its regulations. As an international agreement predicted to contain a Horizontal Chapter - an innovative approach to international trade treaty-making containing a framework for future regulatory cooperation - TTIP has the potential to transform this impasse, if approached correctly. The Horizontal Chapter would provide a 'gateway' for handling sectoral regulatory issues between the EU and the US, including by addressing both legislation and non-legislative acts, regardless of the level at which they are adopted and by whom. The development of such a framework for transatlantic regulatory cooperation - which is likely to be accompanied by the establishment of a Regulatory Cooperation Council (RCC), a mechanism that could ensure TTIP's operation - raises many important questions in relation to its interactions with the parties' respective legislatures, the European Parliament and the US Congress. This report examines the potential parliamentary roles, and their implications for the EU legal order - including issues of transparency, democracy, and accountability - in detail. It concludes with recommendations designed to identify the most appropriate avenues to ensure parliamentarian involvement and connect transatlantic parliamentary cooperation with the institutional operation of TTIP.
Download or read book The Transatlantic Trade and Investment Partnership and the Parliamentary Dimension of Regulatory Cooperation written by and published by . This book was released on 2014 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transatlantic Trade and Investment Partnership (TTIP) presents a historic opportunity for the European Union and the United States to remove regulatory divergence - today{OCLCbr#D0}’s most prominent obstacle to trade exchanges -, thereby increasing economic growth for the citizens of both policies. Yet, with great promises come challenges too. The EU and the US have been attempting to reduce trade barriers since the 1970s, and parliamentarians from both sides of the Atlantic have since the 1990s been working to institutionalise these efforts through a variety of dialogues and committees, as epitomised by the Transatlantic Legislators{OCLCbr#D0}’ Dialogue (TLD). While this report reviews these efforts in detail, the general conclusion regarding past attempts at regulatory convergence is an overall lack of success : regulatory differences remain as neither side has the incentives to consider the extraterritorial effects of its regulations. As an international agreement predicted to contain a Horizontal Chapter - an innovative approach to international trade treaty-making containing a framework for future regulatory cooperation - TTIP has the potential to transform this impasse, if approached correctly. The Horizontal Chapter would provide a {OCLCbr#D0}‘gateway{OCLCbr#D0}’ for handling sectoral regulatory issues between the EU and the US, including by addressing both legislation and non-legislative acts, regardless of the level at which they are adopted and by whom. The development of such a framework for transatlantic regulatory cooperation - which is likely to be accompanied by the establishment of a Regulatory Cooperation Council (RCC), a mechanism that could ensure TTIP{OCLCbr#D0}’s operation - raises many important questions in relation to its interactions with the parties{OCLCbr#D0}’ respective legislatures, the European Parliament and the US Congress. This report examines the potential parliamentary roles, and their implications for the EU legal order - including issues of transparency, democracy, and accountability - in detail. It concludes with recommendations designed to identify the most appropriate avenues to ensure parliamentarian involvement and connect transatlantic parliamentary cooperation with the institutional operation of TTIP.
Download or read book Rule Makers or Rule Takers written by Jacques Pelkmans and published by Rowman & Littlefield. This book was released on 2015-08-24 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transatlantic Trade and Investment Partnership (TTIP) is an effort by the United States and the European Union to reposition themselves for a world of diffuse economic power and intensified global competition. It is a next-generation economic negotiation that breaks the mould of traditional trade agreements. At the heart of the ongoing talks is the question whether and in which areas the two major democratic actors in the global economy can address costly frictions generated by their deep commercial integration by aligning rules and other instruments. The aim is to reduce duplication in various ways in areas where levels of regulatory protection are equivalent as well as to foster wide-ranging regulatory cooperation and set a benchmark for high-quality global norms. In this volume, European and American experts explain the economic context of TTIP and its geopolitical implications, and then explore the challenges and consequences of US-EU negotiations across numerous sensitive areas, ranging from food safety and public procurement to economic and regulatory assessments of technical barriers to trade, automotive, chemicals, energy, services, investor-state dispute settlement mechanisms and regulatory cooperation. Their insights cut through the confusion and tremendous public controversies now swirling around TTIP, and help decision-makers understand how the United States and the European Union can remain rule-makers rather than rule-takers in a globalising world in which their relative influence is waning.
Download or read book TTIP written by Ferdi De Ville and published by John Wiley & Sons. This book was released on 2015-11-20 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transatlantic Trade and Investment Partnership (TTIP) has stirred passions like no other trade negotiation in recent history. Its supporters maintain that TTIP will produce spectacular growth and job creation; claims that are wholeheartedly rejected by its critics, who regard TTIP as a direct assault on workers' rights, health and safety standards and public services. In this incisive analysis, Gabriel Siles-Brugge and Ferdi de Ville scrutinize the claims made by TTIP's cheerleaders and scaremongers to reveal a far more nuanced picture behind the headlines. TTIP will not provide an economic 'cure-all', nor will it destroy the European welfare state in one fell swoop. Thanks to unprecedented levels of protest and debate around TTIP, however, neoliberal trade negotiations are well and truly back in the spotlight. In this respect, TTIP could well prove to be a 'game-changer' - just not in the way imagined by its backers.
Download or read book TTIP and Regulation of Financial Markets written by and published by . This book was released on 2015 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liberalisation of financial services is a controversial chapter in the negotiations towards a Transatlantic Trade and Investment Partnership (TTIP). The financial crisis raised concern that trade liberalisation could have an adverse effect on the regulatory power of sovereign states. This analysis illustrates that trade agreements have thus far been able to ensure the regulatory sovereignty of states; however, this independence has naturally resulted in some regulatory divergence. Discussions on regulatory cooperation within TTIP negotiations are a challenge to transatlantic relations, as the United States fears that such cooperation may dilute its own regulatory reforms.
Download or read book Mega regional Trade Agreements written by Stefan Griller and published by Oxford University Press. This book was released on 2017 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together leading experts in the field of international economic law to address the legal complexities of the TTIP, CETA, and TISA treaties and provide an explanation of their core principles. This book also addresses the controversies surrounding the treaties, including their regulatory ambition and insufficient transparency.
Download or read book Genealogies of Cost Benefit Analysis in Transatlantic Regulatory Cooperation written by Fernanda Nicola and published by . This book was released on 2018 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost-benefit analysis (CBA) has become a quintessential tool in administrative law informing a variety of modes of regulatory governance. It provides a justification for the regulation of markets based on a quasi-scientific and seemly neutral logic to assess the impact of secondary legislation by government agencies. A new frontier for CBA is the promotion of trade liberalization. It features prominently in the regulatory chapter of the Transatlantic Trade and Investment Partnership (TTIP). During the TTIP negotiations scholars have deployed CBA as a 'neutral' tool to achieve greater convergence, or reassert divergence and experimentalism in regulatory governance across the Atlantic. A genealogical examination reveals the existence of at least two strains of cost-benefit analyses in Western legal thought. A first one goes back to social orientations in private law translating into social-scientific expertise for regulators and proportionality for judges. A second one goes back to neoclassical economics in private law, translating into economic-scientific expertise for regulators and balancing for judges. Today scholars in their convergentist, divergentist or experimentalist approaches to governance deploy CBA and regulatory science as a neutral and quasi-scientific method to legitimize the subjection of national regulation to more demanding standards. A genealogical approach instead reveals that CBA is a contingent and open-ended regulatory tool that justifies contestable political decisions about regulatory strategies while allowing lawyers who apply CBA to remain agnostic on its distributive impact.
Download or read book Mega Regional Trade Agreements written by Thilo Rensmann and published by Springer. This book was released on 2017-07-20 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.
Download or read book EU US Negotiations on TTIP written by Laura Puccio and published by . This book was released on 2015 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book EU US Negotiations on TTIP written by and published by . This book was released on 2015 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States reached their ninth round in New York in April 2015. Discussions have covered a broad range of topics, and substantial work undertaken, in particular on the chapters of the agreement covering customs and trade facilitation, services, SMEs, sector-specific regulatory cooperation, and tariffs. Several issues remain highly controversial on both sides: Investor-state dispute settlement (ISDS), Geographical Indications (GIs), the horizontal regulatory cooperation mechanism, and a separate chapter on energy. The tenth round of negotiations is due to be held in July 2015, in Brussels. New draft recommendations on TTIP were adopted by the Committee on International Trade (INTA) on 28 May 2015, two years after negotiations began, and will need to be discussed and voted in plenary before submission to the European Commission (the Union's negotiator). In the past year, support for TTIP across Europe has varied. Member States such as Germany and Austria have seen the rise of an anti-TTIP movement, whose main concerns are data protection, ISDS and regulatory cooperation (particularly the potential impact of TTIP on food-safety regulations). The draft recommendations adopted by INTA reflect these political sensitivities, and differ substantially in tone from the Parliament's earlier recommendations, of May 2013, in that they indicate more precise directions in which the EP would like future negotiations to go. The discussion and vote in plenary planned for 10 June was postponed in view of the large number of amendments submitted to the draft recommendations. In particular a significant number of amendments sought to reopen the compromise struck in INTA on ISDS, proposing an approach based on the Commission's concept paper, with a view to creating a permanent (quasi-court-like) resolution mechanism, with opposition to any reference to ISDS persisting in some parts of the chamber.
Download or read book Regulatory Rationalisation Clauses in FTAs written by Ching-Fu Lin and published by . This book was released on 2018 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mechanisms on regulatory coherence or good regulatory practices have emerged as one of the unique features of preferential trade agreements (PTAs) in the age of mega-regionalism. Led by the United States, for instance, the Trans-Pacific Partnership ('TPP'), now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership ('CPTPP') introduces a standalone chapter that focuses on the domestic rule-making process. Such design is unique for it goes beyond traditional output-oriented proxies by including a set of input-oriented elements that apply to the rulemaking process of each party, before a regulatory action is taken. These elements, like transparency, public consultation, regulatory impact assessment, inter-agency coordination and review, are in large part modelled on the American Administrative Procedure Act ('APA') and several executive orders with a view to 'rationalising' the administrative lawmaking process and to responding to the concerns about a regulatory state. For years, the US has been exporting this APA-style regulatory philosophy elsewhere: from the Organisation of Economic Co-operation and Development ('OECD') and the Asia-Pacific Economic Cooperation ('APEC') to trade negotiations to which it is a party, including the above-mentioned TPP and the Transatlantic Trade and Investment Partnership ('TTIP'). Notwithstanding these efforts, however, there are hurdles for regulatory coherence to be further diffused as a new global norm since it goes beyond trade to involve complicated economic, social and political endowments of different trading partners. The role of another two major players, namely China and the European Union, is hence of particular significance in this context. This article seeks to sketch out the contour of the emerging regulatory coherence by mapping the trajectory of its historical development and offering a comprehensive survey of how China, European Union, and the United States have managed it across different contexts.
Download or read book Systemic Implications of Transatlantic Regulatory Cooperation and Competition written by Simon J. Evenett and published by World Scientific. This book was released on 2011 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the best legal, economic and political science expertise from both sides of the Atlantic, as well as on the knowledge of officials and private practitioners with experience in both industrialized and developing countries, this book assesses the systemic, global implications of transatlantic regulatory cooperation and competition.
Download or read book CETA Implementation and Implications written by Robert G. Finbow and published by McGill-Queen's Press - MQUP. This book was released on 2022-09-15 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Canada–European Union Comprehensive Economic and Trade Agreement (CETA) is hailed as the gold standard for trade agreements. It addresses tariffs on traded goods, favoured status for EU and Canadian exporters, trade in services, and technical barriers to trade, while also seeking coordination between government agencies to promote regulatory cooperation, harmonization, and mutual recognition of standards. As the world retreats towards populism and protectionism, CETA Implementation and Implications provides a vital examination of this contemporary economic collaboration between developed states, which serves as a model for other progressive regional trade agreements. This book offers the first in-depth, comprehensive assessment of CETA, covering many of its most important elements and exploring its obstacles, accomplishments, and early effects. Based on the European Commission-funded Erasmus+ Jean Monnet Project on CETA Implementation and Implications, which linked scholars and stakeholders across Europe and North America to analyze and evaluate the implementation and impacts of the agreement, this book covers regulation, procurement, the environment, the innovative investment disputes system, labour mobility and labour relations, bilateral governance instruments, and the implications for EU trade policy of CETA’s contested ratification. Uniquely interdisciplinary and featuring contributors from around the world, CETA Implementation and Implications provides a nuanced and balanced assessment of this landmark trade agreement and its effects on regional and global trade in turbulent times.
Download or read book The Transatlantic Trade and Investment Partnership written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2013 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Positive Integration EU and WTO Approaches Towards the Trade and Debate written by Rike Krämer-Hoppe and published by Springer Nature. This book was released on 2019-10-24 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a new framework for the 'trade and environment' debate and discusses the ways in which the EU and the WTO address this topic: positive, negative and non-integration. It analyses areas like food safety and renewable energy from the perspectives of legal and political science, and economics, and includes contributions focusing on various approaches, such as harmonisation, regulatory cooperation and judicialisation. In the 21st century, especially in our current times, where free trade and economic integration are increasingly being called into question, it is even more vital to find convincing normative answers and ways to address the very complex relationship between trade and environmental policies. Debunking some of the myths concerning positive and negative integration and the relationship between the two, this book is a valuable contribution to the debate on globalisation.
Download or read book Trade Cooperation written by Andreas Dür and published by Cambridge University Press. This book was released on 2018-06-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preferential trade agreements (PTAs) have been proliferating for more than two decades, with the negotiations for a Transatlantic Trade and Investment Partnership and a Trans-Pacific Partnership being just the tip of the iceberg. This volume addresses some of the most pressing issues related to the surge of these agreements. It includes chapters written by leading political scientists, economists and lawyers which theoretically and empirically advance our understanding of trade agreements. The key theme is that PTAs vary widely in terms of design. The authors provide explanations as to why we see these differences in design and whether and how these differences matter in practice. The tools for understanding the purposes and effects of PTAs that are offered will guide future research and inform practitioners and trade policy experts about progress in the scientific enquiry into PTAs.
