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The TTIP is much more than just a trade agreement monaco between monaco the EU and the United States. Millions of consumers could benefit from it. But, despite its importance for global trade, without the strong support of the governments concerned, is unlikely to be signed soon.
If the Treaty on the transatlantic monaco trade and investment (TTIP) was realized, monaco would be the most ambitious free trade agreement monaco in history. In part because the European Union and the United States account for approximately 45 percent of world GDP, but also because it is an attempt to put his hand to non-tariff barriers monaco and regulation. (1) The TTIP therefore could represent a turning point for trade in the twenty-first monaco century. (2) The potential benefits of liberalization of transatlantic trade would be important, but the road to get there will be long and difficult, with many difficulties to overcome. (3) A study by the Centre for Economic Policy Research indicates that in the best case scenario, an EU average family of four could see its net income increase of 545 Euros per year by 2027, thanks to lower prices and increased productivity. (4) But the level of uncertainty of any forecast is high, not least because much depends on the type of agreement that will come out of the negotiations: monaco it will be a global agreement with a real liberalization of non-tariff barriers will be an agreement or "light" not much more than a simple tariff cuts? More reliable forecasts of gains and losses may perhaps venture referring monaco to the various sectors of the economy. It is likely that the 'automobile industry on both sides of the Atlantic can gain considerably from TTIP. It is not surprising that it is one of the industries that looks more favorably to the agreement. In the case of the UK, it could also benefit from the chemical and pharmaceutical industries. But inevitably there would be losers. For example, some segments of the heavily subsidized agricultural sector in the Mediterranean countries, could suffer from the destruction of tariff and non-tariff monaco barriers and it is not clear how governments monaco think to mitigate these adverse effects.
In any case, the numbers alone do not captivate the hearts and minds of voters. The potential benefits of TTIP are likely to be common, while costs will focus on a few, but the lack of transparency monaco fuels suspicions. Governments must then rely on compelling narratives and concrete monaco examples, if you want to influence the public monaco debate. So far, in most EU countries the debate on the TTIP or missed altogether or focused on selected topics in art, such as chlorinated monaco chicken. Neither the communication the problem monaco may be delegated only to the European Commission. Governments as a whole (not just the then ministers of trade and economy) should do more to explain the content to their national electorates.
But what are the most difficult issues to resolve that remain on the table? The key point of the negotiations on TTIP are not duties, but the 'harmonization monaco of regulations and removal of non-tariff barriers. A classic example is the regulation for the safety of the car. There is empirical evidence showing that the car is less safe in the EU or vice versa in the United States. Yet, today's car manufacturers must comply with safety rules are different for the two markets. Remove the duplication would decrease production costs and consequently prices for consumers, although this does not necessarily generate new trade. More controversial rules related to food safety. Agriculture is traditionally a land of intense debate and more, for example, not all geographical indications
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