What is at stake on the TTIP is the power to set international rules for trade
These rules will necessarily affect third countries by forcing them to either conform or lose access to the biggest market in the world
So, we should ask: what's the normative impact of the TTIP o the rest of the world?
This is a geopolitical question
"We know that TTIP is a way to strengthen our alliance with the US on economic and regulatory issues - in order to strengthen our collective global influence.
We are living through a major shift in the world's economic centre of gravity. (..) it does means that Europe's voice in the world is getting weaker. And that's a problem. Because decisions made outside our borders are going to affect us more in the future. As the world economy becomes more integrated, we will see more demand for global rules on everything from safe products to environmental protection. (..) And when the decisions are made on those rules, we want our voice to continue to carry weight. For that we need allies. And on many of these issues the US is the best ally we could have."
Cecilia Malmström*' speech: Toward a new strategy
Delivered in Bruges on the 18/10/2015
* EU commissioner for trade
TTIP will create a "regulatory convergence" between EU and US jurisdictions
The Transatlantic Trade and Investment Partnership: Pros and Cons from EU and American Perspectives
(Aggarwal & Evenett 2015)
"Why are we negotiating this agreement?"
Here are
some extra assets :
Reason 1:
"Europe needs an economic boost. More trade and investment with the US can provide it because it's the largest market in the world after the European Union"
A geopolitical insight:
The power to set the rules
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Structure: intro + thesis + conclusion
Intro: general overview of the TTIP
Thesis: its normative potential + effects on third countries
Conclusion