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International Trade Law

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2015

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Four Challenges For Ttip Regulatory Cooperation, Richard Parker Jan 2015

Four Challenges For Ttip Regulatory Cooperation, Richard Parker

Faculty Articles and Papers

While public debate over trade policy focuses on the Trans-Pacific Partnership (TPP) trade agreement, another mammoth trade agreement is moving forward, more quietly, between two of the three largest economies in the world: The United States (US) and the European Union (EU). The Transatlantic Trade and Investment Partnership (TTIP) aims to create the largest free trade zone in the world, encompassing two huge economies that together comprise nearly half of the world's gross domestic product.

The two sides hope that TTIP will generate more than 200 billion dollars per year in benefits for producers and consumers on both sides of …