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The Transatlantic Trade & Investment Partnership: A New Challenge for Switzerland

On June 4, 2013, The European Institute welcomed Philippe Nell, Head of the Americas Division at the Swiss State Secretariat for Economic Affairs, to discuss the challenges that the Transatlantic Trade and Investment Partnership (TTIP) will pose for Switzerland and its strong economic ties with both the EU and the U.S.  Calling the TTIP “a huge development in global trade policy”, Mr. Nell outlined the main options for Switzerland: negotiating a free trade agreement with the U.S. after the conclusion of TTIP; negotiating TTIP membership after the fact; or lastly, seeking to eliminate specific TTIP disadvantages for Swiss access to the U.S. market through other bilateral and multilateral fora.

 

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Can the Serbia-Kosovo Deal Prove a Game-Changer for the Balkans?
- By Garret J. Martin, Editor-At-Large, European Affairs

garretmartinThe agreement signed between Kosovo and Serbia on 19th April was a stunning and major breakthrough; a significant compromise that opens the possibility of a normalization of relations for the two former belligerents and could unlock their accession path to the European Union. It was yet another vindication of the constructive and leading role played by the EU in the Balkans for over a decade, in stark contrast with the traumatic failures of the 1990s. Thus, even during the Eurozone turmoil, the EU can still remain a major diplomatic player. It was also a very sweet moment for the EU’s High Representative for Foreign Affairs and Security Policy, Catherine Ashton, who played an instrumental role in mediating the negotiations between Pristina and Belgrade. That accord will not be easy to implement, and will face some resistance. But it could prove a game changer in the Balkans, providing new momentum to the stalling process of reform in the various countries in the region and to their road to EU accession.     read more


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EU-U.S. Free Trade Pact—Now for the Hard Part
- By Brian Beary, Washington Correspondent, Europolitics

brianbeary-august2011With the official nomination of President Obama’s Deputy National Security Advisor for International Economics, Michael Froman, as the next U.S. Trade Representative, the Transatlantic Trade and Investment Partnership  (TTIP)has taken a vital and important step closer to the negotiating starting gate.  Froman, a close friend and advisor of the President, has been central to the Obama Administration’s trade agenda since 2009.     read more


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ICT in the TTIP – an Opportunity to Enhance Services Trade and Cybersecurity
- By Patricia Paoletta, Partner Wiltshire & Grannis LLP


Editors Note—the following article is another in the ongoing series published by European Affairs on the important trade negotiations between the EU and U.S.

patriciaThe Transatlantic Trade and Investment Partnership (TTIP) is expected to be “a high-standard agreement that will benefit U.S. workers, manufacturers, service suppliers, farmers, ranchers, innovators, creators, small- and medium- sized businesses and consumers.”[1] In part, this “high-standard” will be achieved by a “deep dive” into regulation. . With the globe’s two largest markets already having substantially open markets, particularly in information, communications and technology (ICT), regulatory convergence will be at the center of discussions, which means that the rules and authority of regulatory bodies will be front and center. For ICT, the key challenge will be facilitating the free flow of data over the cloud while protecting privacy rights and data security. A subsidiary challenge will be covering – while not fettering – services that enable social media and other “apps” that did not exist the last time services trade was included in a multilateral agreement.     read more


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Threading the Needle: Armenia’s Policy towards the EU and the EAU
- By Armen Sahakyan, European Affairs Editorial Assistant

  armensahakyanphotoIn today’s globalized economy, many smaller states can no longer compete in the world market on their own. The formation of economic-political blocs provides a competitive edge by combining national economies into stronger and deeper regional partnerships. For some states however, the conundrum is figuring out which bloc best serves their long-term national interests.     read more


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“Big Data, A Revolution that Will Transform How We Live, Work and Think,” by Kenneth Cukier and Viktor Mayer-Schonberger
- Reviewed by William Marmon, Managing Editor “European Affairs”

bill marmon april 2013

Big data has become a major buzz word in the tech world and beyond. Google the term and you’ll get over 2 billion hits in .47 seconds. But what does Big Data really mean? This important book by Viktor Mayer-Schonberger, an Oxford professor, and Kenneth Cukier, the “data editor” of the “Economist” magazine explains and fixes the concept in a compelling and readily understandable fashion.     read more


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"My Life" by Jacques Chirac, with Jean-Luc Barre
- Reviewed by Michael D. Mosettig, former Foreign Editor of PBS News Hour

michaelmosettigA new English translation of Jacques Chirac's memoirs, fortunately, at a modest length (half the French version published in 2011), the reflections of the former President of France (1995-2007), offer a reminder and cautionary note that for all the globalization and homogenization taking place around the world, peoples and nations remain very different species.     read more

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OUR MUST READS

European Public Debt Swings Wildly - Anders Aslund provides an interesting analysis of debt in EU countries, which shows in general that debt is high, mostly over the Maastricht Treaty obligation of 60% of GDP.  Moreover the debt levels have swung wildly, contrary to conventional wisdom that debt levels are difficult to change. (3/25)

“What Would Happen if the EU Broke Up?”,  Essay by John Bruton, former Prime Minister (Taoiseach) of Ireland, EU Ambassador to the U.S. and a member of the European Institute’s  Board of Directors. Amb. Bruton thinks EU dissolution as a result of current crises would be a world class disaster and delivers a pungent and hard hitting  defense of the EU as “a unique model for democratic rule making”; a crucial model for 21stcentury supra-national governance. The breakup of the euro poses a “serious existential threat” to the entire EU, and must be forestalled by radical steps including the forgiveness of the Greek debt and massive strengthening of the ESM (European Stability Mechanism). Bruton is highly critical of  recent UK threats to veto EU budget and to renegotiate terms of EU membership. He notes that 50 percent of UK exports go to EU countries: “The UK wants access to the single market, but is not prepared to pay any entry fee.” Recommended by European Affairs  (11/19)

Policy Memo from European Council on Foreign Relations—“Time to Grow up: What Obamas’s Re-Election Means for Europe”.   While Europeans by a huge percentage favored Obama in the recent election,  this excellent Policy Memo warns that in a second Obama term,  Europe should be prepared for an America that seeks a multi-partner world in which  the transatlantic relationship will be less special.  Accordingly  Europe needs to be more self-sufficient and engage the world independently.   11/15

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