Ttip Trade Agreement

The texts of the TTIP agreement are drawn up by 24 joint working groups between the EU and the US, each taking into account a separate aspect of the agreement. Development usually takes a number of phases. First, large-scale position papers will be exchanged, introducing each party`s objectives and ambitions for each aspect. This is followed by proposals for texts from both parties, accompanied (in areas such as tariffs and market access) by the “initial offer” of each party. These negotiations and draft documents can evolve during the different phases of their development. If both parties are ready, a consolidated text will be prepared, with the remaining differences of discussion expressed between brackets. These texts are then closed thematically when a working consensus is reached. However, the agreement will be negotiated as a whole, so that no text of the subject will be finalized until a full consensus has been reached. [62] The end was launched by the French Minister of Trade, who said in August 2016: “These negotiations are dead and France wants to end them. In France, there is no political support for these negotiations.¬†Few people can access documents known as “consolidated texts,” projects that contain the most recent results of the negotiations. On the European side, the negotiators of the European Commission (mostly from the Directorate General of Trade), MEPs from the European Union and MEPs from the European Union. [65] At the insistence of the United States, the documents are no longer transmitted as electronic documents or even printed. [5] They are only available in secure premises at the European Commission headquarters in Brussels, in a number of US embassies[5] and in the offices of The Trade Ministries of the Member States.

[65] In all of these secure rooms, phones or any other type of scanning devices are prohibited. [5] Blank sheet of paper bearing the reader`s names are available, on which visitors can write down their notes. [65] On the U.S. side, the procedure is similar: only senators and USTR negotiators can access the documents and must meet similar conditions. [5] The United States has emphasized the same security precautions for proposed Trans-Pacific Partnership proposals. [5] In terms of net profits, several studies have made estimates of TTIP`s earnings. They show that the most positive results are largely due to the removal of non-tariff barriers and the harmonization of regulatory and production standards in the United States and the European Union. On the other hand, the reduction in tariffs, while it can generate profits, has less dramatic effects, given that the current level of tariffs, of about 4% on average, is already low. Nevertheless, arguments also oppose the agreement and cause fear and insecurity in sectors that, after the implementation of the agreement, see themselves as potential losers, without the sign of a compensation alternative.