Adeline Hinderer, Trade Counselor

Adeline Hinderer, Trade Counselor Adeline Hinderer, Trade Counselor - Start

Added : 2018-10-13 Views :12K

Download Presentation

Adeline Hinderer, Trade Counselor




Download Presentation - The PPT/PDF document "Adeline Hinderer, Trade Counselor" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.



Presentations text content in Adeline Hinderer, Trade Counselor

Slide1

Adeline Hinderer, Trade Counselor Delegation of the European Union to the United StatesWITA Seminar, Washington DC, 9 September 2015

1

The Transatlantic Trade and Investment Partnership Agreement

Slide2

Globalisation Including fragmentation of value chainsEmergence of new economic powerhouses

China, India,

Brazil..

Economic

downturn- Trade is part of the solution

2

Why

do

trade

agreements

matter

for the EU?

Slide3

EU Bilateral trade agreements3

Slide4

Why does TTIP matter? 4

Daily bilateral trade in goods, services and investment is worth EUR 1.7 billion

Massive levels of mutual investment stocks: € 2 800

bn

, 15M jobs

Sales of US affiliates in Europe= double than sales in the entire Asia/Pacific

EU= 57% of total US services sales

Slide5

Why does TTIP matter ? 5

Various studies point to

s

ignificant gains for both EU and US

:

8% rise in US exports; 6% rise in EU exports in the short term, 30-40% after 20 years or so

Around

€120bn additional

income generated every year once fully implemented (extra €655

in disposable income each year for a family of

4

in the

US)

80

% potential gains coming from reduction of non-tariff barriers

.

Source: Centre for Economic Policy Research, London ‘Reducing Transatlantic Barriers to Trade and Investment: An Economic Assessment’, 2013

Slide6

Trade negotiation process in the EU

The Commission negotiates

On behalf of the 28 Member States

Regular reporting to the Council and the European Parliament

Civil Society and Public Consultations

The Parliament co-decides

EP co-decides with the

Council on trade legislations

(except negotiating directives)

EP gives consent on

agreements

The Council co-decides

Directives for negotiations

Follows the negotiation process

Council approve the results of the

negotiation (generally by qualified

majority)

6

Slide7

Most ambitious negotiation to date for both sidesFirst agreement between two

very large

developed

economies

Consolidating

transatlantic

partnership

that

relies on

common

values: setting standards,

geopolitical

impact.

7

TTIP: Key features

Slide8

Expanding market access: creating more business opportunities (tariff, services, public procurement, investment)Regulatory issues: more consistent rules (making our regulatory systems more compatible, non tariff barriers, and sectoral

issues – cars, pharma, medial

devices, engineering, ICT, pesticides, cosmetics)Rules/systemic issues

: improved trade and investment rules (IPRs, customs and trade facilitation, sustainable development, SMEs, competition & SOEs, energy

8

TTIP: 3 pillars

Slide9

Negotiations launched in July 2013G7 Statement June 2015 "accelerate work on all TTIP issues (…) ensuring progress in all elements of the negotiations, with the goal of finalising understandings on the outline of an agreement as soon as possible, preferably by the end of the year"Rounds take place every two months in the EU and US

10th

negotiating round in July in Brussels, 11th round

mid

OctoberRegular Ministerial level discussions (next: 21/09 in DC)Stakeholder sessions

9

TTIP:

Where we stand

Slide10

3 main concerns: Transparency – led EU to publish position papers & negotiating proposals - see

http

://ec.europa.eu/trade/policy/in-focus/ttip

/

for details

Investor-to-state dispute

settlement

EU launched consultation, 150.000 answers, & new approach

Ensuring that health & safety, environment, consumer protection levels are not lowered

– reassurances given by both EU and US

10

Public debate on TTIP in the EU

Slide11

11

Dedicated TTIP information on the European Commission website

Slide12

Merci! Thank you ! Follow us on Twitter

@EU_TTIP_team

a

deline.hinderer@eeas.europa.eu

12


About DocSlides
DocSlides allows users to easily upload and share presentations, PDF documents, and images.Share your documents with the world , watch,share and upload any time you want. How can you benefit from using DocSlides? DocSlides consists documents from individuals and organizations on topics ranging from technology and business to travel, health, and education. Find and search for what interests you, and learn from people and more. You can also download DocSlides to read or reference later.
Youtube