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Omar David Salinas Hoyas

on 10 May 2015

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Transcript of TTIP

Transatlantic Trade and Investment Partnership
TransAtlantic Free Trade Area
The TTIP is a proposal of a free trade agreement between the European Union and the United States. This agreement is formed by three key components: the access to the market, the NTBs (Non Tariff Barriers) and the rules (top secret).
Other countries in the TAFTA can be the countries that are in the EFTA (European Free Trade Area) and in the NAFTA (North American Free Trade Area). The EFTA is an association similar to TAFTA, but in Europe, and they aren't in the European Union (Iceland, Liechtenstein, Norway and Switzerland).
Its origin is found in the transatlantic declaration signed in the 1990s by Bush (president of the USA) and Giulio Andreotti,
that semester's leader
of the council of the
European Union,
and Jacques
Delors headmaster
of theEuropean Union.
What is the TTIP?
People don't like the TTIP because of the secrecy of its negotiations. The TTIP would carry a lack of fundamental rights to the European workers. It causes environmental damage, too, and a loss of democracy, because the enterprises would be almost over the governments. Some people call it a nightmare for democracy. The transgenic products won't be labeled as that, the salaries will be reduced in Europe...
Conclusions and previsions
The overall benefits will be increased, but approximately 600,000 jobs will be destroyed. TTIP leads to a loss of government revenue of European states by a decline in indirect taxes. It can provide money to the states in the TAFTA in short term, but it could be dangerous in the future because of the loss of sovereignty of the states.

It would increase the rest of the world's GDP by almost 100 billion euros. In the EU the GDP per inhabitant would increase more than 125 euros.
It would increase the economy its members (19 billion euros per year to the EU and 95 billion to the USA). This benefits wouldn't be at expense of other countries.There would be more jobs for qualified people and unqualified people. The major beneficiaries of the TTIP are the banks.

In 2007 Barroso, Merkel and Bush created the economical transatlantic council for the legislative harmonization. In 2011 a Working Group
of High Level is
to study the reduction
of barriers to trade
between the two sides.
The secrecy of TTIP
The TTIP is an issue that the government has treated very discreetly. Many countries are not informed about this topic but many NGO's, civil society organizations and other parties are following the negotiations. The main objective of the agreement is to end the legal and administrative barriers.
For example:
USA has not signed the Kyoto Protocol and approves the use of hormones and GMOs in food.
It's formed by the USA and the European Union (Germany, Austria, Belgium, Bulgaria, Cyprus, Croatia, Denmark, Slovenia, Slovakia, Spain, Estonia, Finland, France, Greece, Hungary, Italy, Ireland, Latvia, Lithuania, Luxemburg, Malta, Netherlands, Poland, Portugal, the United Kingdom, Czech Republic, Romania and Sweden) and maybe other countries (more than the 60% of the world GDP)
By: Anna Gómez, Ivan N'Djock, Omar Salinas, Didac Sánchez, Javier Sánchez and Pablo Uyuni.
EU's flag

USA's flag
Full transcript