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Transatlantic & Trans-Pacific Free Trade Agreements - Negotiation Issues & Congressional Considerations (Hardcover)
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Transatlantic & Trans-Pacific Free Trade Agreements - Negotiation Issues & Congressional Considerations (Hardcover)
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The U.S.-EU trade and investment relationship, what many call the
transatlantic economy, is a mutually beneficial and globally
significant relationship. The Transatlantic Trade and Investment
Partnership (T-TIP) is a potential reciprocal free trade agreement
(FTA) that the United States and the European Union (EU) are
negotiating with each other. The United States and EU seek to
enhance market access and trade disciplines by addressing remaining
transatlantic barriers to trade and investment in goods, services,
and agriculture by negotiating a comprehensive and high-standard
T-TIP through reducing and eliminating tariffs between the United
States and EU; further opening services and government procurement
markets; enhancing cooperation, convergence, and transparency in
regulations and standards-setting processes; and strengthening and
developing new rules in areas such as intellectual property rights
(IPR), investment, digital trade, trade facilitation, labor and the
environment, localisation barriers, and state-owned enterprises
(SOEs). This book provides context for the T-TIP negotiations;
analysis of possible trade and investment issues in the
negotiations; and discussion of issues for Congress. The U.S.-EU
negotiations on T-TIP are not public. The information and analysis
in this report on issues in the negotiations are based on publicly
available information.
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