1、 October 16, 2014 Proposed Transatlantic Trade and Investment Partnership (T-TIP) Overview What is it? The Transatlantic Trade and Investment Partnership (T-TIP) is a proposed “comprehensive and high-standard” free trade agreement (FTA) between the United States and European Union (EU). Both sides s
2、eek to liberalize transatlantic trade and investment and set globally relevant rules and disciplines that could boost economic growth, support multilateral trade liberalization through the World Trade Organization (WTO), and address third-country trade policy challenges. What is the current status?
3、On March 20, 2013, the Obama Administration notified Congress of its intent to negotiate T-TIP. Negotiations began in July 2013, and seven rounds of negotiations have been held to date, with the most recent one completed in October 2014. Both sides aim to conclude the negotiations in two years, but
4、the likelihood is uncertain given the complexity of the issues. Both sides have exchanged initial tariff offers, and discussions on regulations, standards, and rules are ongoing. Textual discussions on investment are suspended pending the outcome of the EUs public consultation on investor-state disp
