February 22, 2015
Much has been written already about the Transatlantic Trade and Investment Partnership, a trade agreement currently in negotiation between the European Union and the United States of America. It entails a comprehensive product-specification and trade on equal terms between the two blocks. Well, for the sake of accuracy, between a Federation (the USA) and a Federation in the making. Many will argue that the EU is not a federation but rather a union, a few would prefer to call it a “common trade area”, some would not agree to any of those definitions.
Negotiations began in July 2013, under the former Barroso administration, in furtiveness as you would expect strategic defence meetings would be led, while the eighth round of negotiations has been completed a few weeks ago. Secrecy has been relaxed along the way and some Countries have put their feet down against potential trade dumping in specific industries, France […]