tepav Türkiye Ekonomi Politikaları Araştırma Vakfı TTIP NEGOTIATIONS : Where are we? Bozkurt ARAN Istanbul, February 12

Three pillars of the negotiations MARKET ACCESSREGULATORY COOPERATIONTRADE RULES

Three pillars of the negotiations  A. Market access –Reducing tariffs on goods »Industrial goods »Agricultural products –Services –Public procurement –Rules of origin

Three pillars of the negotiations  B. Regulatory cooperation (General position papers) –Harmonization, equivalence, mutual recognition »Horizontal »Sectors such as cars, chemicals, cosmetics, engineering products, medical devices, information and communication technologies, pharmaceuticals, textiles –Technical barriers to trade (TBT) –Food safety and animal plant health (SPS) »Sanitary – phytosanitary SPS measures

Three pillars of the negotiations  C. Trade Rules –Development »Labour rights »Environment –Energy and Raw materials –Custom formalities - trade facilitation –Investment Protection –Competition –Intellectual Property Rights (IPR) and Geographical indicators (GI) –Dispute between governments –SME’s

Textual proposals Market access  Information on market issues is not expected to be revealed before the finalization of the TTIP Regulatory Co-operation  Technical Barriers to Trade (TBT)  Food Safety and Animal and Plant Health (SPS)

RULES  Customs and Trade Facilitation  Small and Medium sized Enterprises (SMEs)  Investment Protection  Competition Policy General State Enterprises Subsidies  Government to Government Dispute Settlement (GGDS) Textual proposals

Remarks A final deal is still far from view: The opposition against TTIP in EU member states. Some member states have weak coalition governments, and politically vulnerable. European Parliemant is open to special interests for non-trade issues. These groups are fueled by anti-globalisation sentiments. The US Congress is harsh on the fast-track authority for the President.

Remarks Impact on third countries: Better balance the interests of the TTIP members and third countries? Regulatory issues: favour mutual recognition Inclusive mechanism for 3rd country regulatory bodies Less restrictive rules of origin A sound mechanism for the integration of 3rd countries