Agreeing over TTIP: the Ninth Negotiation Round

Ioana, Gutu
January 2015
Ovidius University Annals, Series Economic Sciences;2015, Vol. 15 Issue 1, p91
Academic Journal
The Transatlantic Trade and Investment Partnership or TTIP, is a negotiating trade and investment deal between the two most powerful economies in the world, namely European Union and the United States. Designed to cover three pillars on subjects like market access, regulatory cooperation and rules, the final agreement would result in multilateral economic growth by broadening rules, principles and models of co-operation. Negotiations are held in cycles that alternate between Brussels and Washington. The ninth round of negotiations took place between 20-24 April 2015 in the State of New York, where textual proposals were analyzed and consolidated text was prepared, representing a full working consensus of the negotiation teams. Agreeing over TTIP will ensure that EU and US will remain standard makers rather than standard takers in the future global economy.


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