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 Regulatory Cooperation Under TTIP A Risk for Democracy and National Regulation written by Christiane Gerstetter and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study conducted by Ecologic Institute with support from the Heinrich Boell Foundation aims at providing factual background to the debate on regulatory cooperation within the Transatlantic Trade and Investment Partnership (TTIP). The study looks at whether fears are justified that regulatory cooperation could lead to lower levels of protection in the EU and the US and parliamentary processes being bypassed. In the discussions about the ongoing TTIP negotiations between the EU and the US, one of the central topics and a subject of great concern is regulatory cooperation. Regulatory cooperation is supposed to bring gains in efficiency and thus economic benefits. At the same time, the prospect of changes to standards, e.g. of environmental or consumer protection, raises concerns that regulation would be harmonised at the lowest common denominator or that existing levels of protection would be undermined. The authors provide an overview of existing models for achieving regulatory harmonisation, with a focus on mechanisms already used between the US and EU, in trade agreements with third countries, at the multilateral level with US and EU involvement, and some particularly far-reaching examples of regulatory cooperation. The study also contains a brief overview of regulatory processes within the US, the EU and Germany in order to clarify which affairs are normally decided in a parliamentary law and which are delegated to other entities like agencies or ministries. Finally, the concept of a Regulatory Cooperation Council, as proposed by the Commission for TTIP is discussed. Such a body would be tasked with initiative for improving regulatory consistency between the US and EU; the EU side would be represented by Commission officials. Low risk of undermining democratic decision-making processes in the EU through regulatory cooperation. The effect of any agreement on regulatory cooperation will depend on what precisely is agreed and how the agreement is implemented. However, the study concludes that the conditions for international regulatory cooperation are usually defined with a high degree of precision in formal legislations; for example, EU legislations contains rather well-defined requirements and procedures for the recognition of a decision taken in another jurisdiction as equivalent. Thus, the autonomous decision-making space of the Commission in implementing decisions taken in a Regulatory Cooperation Council or a similar institution would be very limited. In addition, the most ambitious tools of harmonization which could imply a lowering of the level of protection are rarely used in practice; many agreements concluded under the heading of mutual recognition give the Parties a lot of freedom to decide if products from another country are recognized as equivalent or not. The study concludes that there is a low risk that TTIP would create institutions, such as an EU-US Regulatory Cooperation Council, mandated to take decisions that could bypass national or EU legislative procedures or would lead to weakening these processes. Derisive shift in favor of trade interests. However the authors consider some aspects of the current EU proposals (link is external) for regulatory cooperation as problematic: This relates to a proposed requirement to assess future regulatory action with a view to its impact on trade as well as the idea to consult trade partners on EU legislative proposals at the stage before they are officially adopted and published. The Ecologic Institute's authors argue that such mechanisms in TTIP would unduly privilege trade interests over other interests such as environmental or consumer interests. The study also points to concerns over the democratic legitimacy of a too strong involvement of the executive in regulatory decision-making, in particular when certain stakeholders, notably business communities, are more heavily involved in such decision-making than others. This may also become a critical point for mechanisms for regulatory cooperation created under TTIP.

Download or read book TTIP written by and published by . This book was released on 2015 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This in-depth analysis examines options for regulatory cooperation in TTIP and assesses its challenges and opportunities for consumer protection. It looks at existing regulatory approaches illustrated by reference to a range of case studies drawn from other briefing papers in the TTIP series for IMCO. Based on established practice and on the Commission's recently published proposal on regulatory cooperation, the briefing eventually discusses the likely approach in the TTIP. Despite desirable opportunities there are also significant challenges of reconciling the different regulatory philosophies ahead. In broad terms it finds that the European Parliament's regulatory powers will not be affected by the Transatlantic Trade and Investment Partnership, but suggests that the EP will need to ensure that the EP's priorities shape the TTIP regulatory cooperation agenda and not the other way around.

Download or read book TTIP written by and published by . This book was released on 2015 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This in-depth analysis examines options for regulatory cooperation in TTIP and assesses its challenges and opportunities for consumer protection. It looks at existing regulatory approaches illustrated by reference to a range of case studies drawn from other briefing papers in the TTIP series for IMCO. Based on established practice and on the Commission{OCLCbr#D0}’s recently published proposal on regulatory cooperation, the briefing eventually discusses the likely approach in the TTIP. Despite desirable opportunities there are also significant challenges of reconciling the different regulatory philosophies ahead. In broad terms it finds that the European Parliament{OCLCbr#D0}’s regulatory powers will not be affected by the Transatlantic Trade and Investment Partnership, but suggests that the EP will need to ensure that the EP{OCLCbr#D0}’s priorities shape the TTIP regulatory cooperation agenda and not the other way around.

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 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 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 A Postnational Marketplace written by Marija Bartl and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transatlantic Trade and Investment Partnership (TTIP), the new trade agreement between the EU and the US, has a great ambition: not only if measured by the size of the emergent market, but also the potential spill over of its regulatory standards to the global level. The cooperation between the partners is envisaged on an ongoing basis in a range of fields-such as pharmaceuticals, chemicals, public procurement or motor vehicles. The TTIP differs from the standard trade agreements. Not only by the size of the market it intends to create, or the potential spill over effect of its regulation, but foremost by the level of envisaged institutionalisation. While the negotiations themselves are ambitious in its scope, the most contentious and salient issues will be left as a future agenda to the new institutions of the TTIP, such as the Regulatory Cooperation Council with rule-making capacity. This raises a number of questions. First whether this agreement may be legitimately classified as a conventional international trade instrument at all, not least for the purposes of the procedures that apply to its approval and ratification, pursuant to Article 218 TFEU. Secondly, and more fundamentally, it poses the question as to who sets the normative agenda for these far-reaching negotiations and how this specific agenda reflects EU values and standards as an aspiring democracy. The paper considers who has set the normative agenda in the negotiation of the Transatlantic Trade and Investment Partnership (TTIP), reflecting upon both the actors and processes thereof. We focus on the questions of 1) participation in crafting the TTIP, 2) the role of knowledge in justifying this enterprise, 3) the objectives of the TTIP and 4) the institutions that should underpin it. We argue that the parliamentary legitimation, including approval and information rights, are inadequate in light of the institutionalisation processes which forms the goal of the TTIP.

Download or read book Institutionalisation beyond the Nation State written by Elaine Fahey and published by Springer. This book was released on 2018-04-26 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects papers that explore institutionalisation in contemporary transatlantic relations. Policymakers, lawyers, and political scientists reflect on contemporary understandings of the process as an integration of regimes and orders from an EU perspective. The papers assess whether contemporary transatlantic relations call for a different approach to global governance with a heightened emphasis on institutionalisation. The book explores a diverse range of case studies of interest to a broad readership. In particular, it focuses upon two cutting-edge issues: transatlantic data privacy rules that are emerging after the post-Edward Snowdon / NSA / PRISM revelations; and trade aspects, especially the Transatlantic Trade and Investment Partnership (TTIP) Agreement. The contributors consider these case studies from a variety of perspectives, honing in on the dynamism, method, and high politics of transatlantic relations as they have recently evolved. They critically explore the commonly held assumption that transatlantic relations have historically been considered quasi-institutionalised at best or, at worst, lacking in terms of laws and institutions. Is institutionalisation a useful meeting point for all disciplines? Does it explain regional integration meaningfully across subjects? Can institutionalisation serve to promote accountability and good governance? Contributors across disciplines and subjects address these increasingly challenging and salient questions.

Download or read book The Transatlantic Trade and Investment Partnership 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: The trade costs associated with customs and other border controls become more important as tariff barriers are reduced. The EU is in the process of further modernisation of is customs code. It also needs to work with the EU’s trading partners to facilitate trade while protecting consumer interests and the security of the international supply chain. The negotiations on TTIP offer a means of building on existing agreements to further this aim. This paper is about how to make customs more efficient. Others in this series of eight, prepared by Policy Department A for the IMCO Committee, cover the substantive issues in technical barriers to trade, services, procurement and the sectors of textiles and clothing, motor vehicles and machinery sectors. A further paper covers the horizontal issues in regulatory cooperation.

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 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 The Democratic Puzzle of Living Megaregional Agreements written by Davor Jancic and published by . This book was released on 2019 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter analyses the implications of the EU's recent practice of negotiating megaregional trade agreements for democratic participation in general and the European Parliament (EP) in particular. One of the key bones of contention in negotiating this new-generation type of trade deals is the move towards approximating regulatory issues that touch upon politically sensitive policies. This may pose democratic challenges by impinging on the degree of autonomous decision making that the negotiating parties are able to exercise in the areas concerned. Any centralisation of regulatory cooperation in order to liberalise trade and investment, with a view to maximising economic growth, is likely to have repercussions for domestic lawmaking and rulemaking. The present inquiry examines the role of parliaments within the dynamic of deep integration in the direction of regulatory convergence through so-called 'living' megaregional trade agreements. The objective is to assess the rationale for and identify avenues of legislative participation foreseen in international regulatory cooperation designs. To this end, the chapter centres on the Transatlantic Trade and Investment Partnership (TTIP), whose underlying regulatory philosophy sets a useful benchmark for debating ongoing or future deep trade negotiations, and the Trans-Pacific Partnership (TPP), which sheds further light on the transnational processes of the institutionalisation of regulatory approximation.

Download or read book Towards Effective Regulatory Cooperation Under TTIP written by Richard W. Parker and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this independent report commissioned by the EU Commission is to inform the EU-US Transatlantic Trade and Investment negotiations on enhanced regulatory coherence and cooperation. It provides negotiators, stakeholders and the public with a comparative overview of the US and EU legislative and regulatory processes in their current form, highlighting differences and similarities. Special emphasis is placed on impact assessment/cost benefit analysis, stakeholder consultations and international regulatory cooperation.

Download or read book Mega Regional Trade Agreements CETA TTIP and TiSA written by Stefan Griller and published by Oxford University Press. This book was released on 2017-08-15 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Comprehensive Economic and Trade Agreement between the EU and Canada (CETA), proposed Transatlantic Trade and Investment Partnership between the EU and the US (TTIP), and the plurilateral Trade in Services Agreement (TiSA) between the EU and 22 other States have sparked a great deal of academic and public interest. This edited collection brings together leading experts in the field of international economic law to address the legal complexities of these treaties and provide an explanation of their core principles. In the first two chapters, this book examines changing conceptions of international economic law and the main motivations for negotiating mega-regional agreements. In nine further contributions, international experts examine sectoral issues such as the trade, investment, and dispute settlement procedures envisaged in these 'mega-regional' agreements. The book goes on to consider the progress made in intellectual property protection, the problems associated with data protection, human rights, labour, and environmental standards, issues of transparency and legitimacy, and the relationship between CETA, TTIP, and TiSA on the one hand and EU law on the other. It concludes with four chapters that discuss globalization and other fundamental questions surrounding these mega-regional agreements from economic, political science, and legal perspectives.