Where are we on TTIP? A U.S. Perspective     Print Email
Monday, 05 October 2015

On October 5, 2015, The Honorable Stefan Selig, U.S. Under Secretary of Commerce for International Trade offered his assessment of the current status the Transatlantic Trade and Investment Partnership (TTIP) negotiations. Rebuffing concerns that the talks had reached an impasse, Under Secretary Selig pointed out that the most complicated agreements are always marathons, not sprints, and that negotiators are currently tackling specifics in some of the toughest chapters, notably standards and regulations. Neither the US nor the EU, he added, can achieve long term economic growth, that  is both robust and sustainable, without optimizing the transatlantic trade partnership.  “TTIP is not ONLY an opportunity to reinforce the Trans-Atlantic relationship. It is an opportunity to reinforce the very principles that this relationship were built upon.”

Click here to read Under Secretary Selig's remarks.

 
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    We do not believe that Brexit, Trump, or the alarming success of radical right parties in almost all European countries should be interpreted as mere “electoral accidents.” Instead, we suggest that the current destructuring of political systems is connected to the profound transformation of labor markets in times of automation. Our core argument is that the specific effects of current technological innovations are key to understanding their political implications.

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UMD Jean Monnet Research Project

The University of Maryland has received a Jean Monnet grant from the EU to conduct a series of policy exchanges between Europe and the US on filling infrastructure needs and the utility of public/private partnerships as the financing mechanism. If interested in participating in or receiving more information about these exchanges, please contact Rye McKenzie (rmckenzi@umd.edu).

New from the Bertelsmann Foundation

The Bertelsmann Foundation is an independent, nonpartisan and nonprofit think tank in Washington, DC with a transatlantic perspective on global challenges.

"Edge of a Precipice" by Nathan Crist

"Newpolitik" by Emily Hruban

 

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