A closer look at the Transatlantic Trade and Investment Partnership (TTIP)
On 14 June 2013, the Council of the European Union, which is made up of government ministers of the Member States, gave the European Commission a mandate to conduct negotiations with the United States on a transatlantic trade and investment agreement.
There are several names for this draft partnership in English (TAFTA - Trans Atlantic Free Trade Agreement; TTIP - Transatlantic Trade and Investment Partnership) and French (PTCI - Partenariat transatlantique de commerce et d’investissement).
The negotiations are based on three pillars:
- market access (agricultural and industrial goods, services, public procurement);
- non-tariff barriers to trade, animal and plant health measures, and regulatory cooperation;
- rules (intellectual property and geographical indications, energy and raw materials, competition, rules of origin, trade facilitation, sustainable development).
Last updated: 09/10/2015