TTIP: New Strategies and Hope for an Agreement
The 11th round of TTIP negotiations are underway in Miami this week. Many people on both sides of the Atlantic are hoping that this round of negotiations is more decisive than the last round, and will even bring some positivity to the TTIP debate which has been scarred by heavy criticism lately, notably in Germany, or overshadowed in the US by the TPP agreement. Here are some official statements from both sides of the Atlantic bolstering TTIP.
1. Secretary of State, John Kerry, Remarks with Spanish Foreign Minister Jose Manuel Garcia-Margallo y Marfil
With the passage of the TPP, it is really important for Europe now to come together around the TTIP because this can help to elevate the rules and regulations by which we do business all across the planet. Let me emphasize: It will not reduce the standards. It does not lower standards. It won't hurt the environment or the labor standards. It raises the ability of everybody to be able to do better, but it takes away the interferences that prevent our ability to be able to grow jobs faster. So we look forward to talking about this as we go forward.
Read the entirety of Secretary Kerry's remarks.
2. US Ambassador to the EU, Anthony Gardner, Remarks before the American Council on Germany "The New Transatlantic Agenda: Looking Back, Looking Forward"
There are manifest economic benefits of a deal, including providing a debt-free stimulus to jobs and growth, needed on both sides of the Atlantic, but above all here in Europe. There are also real and important geostrategic benefits. T-TIP is an effort to actively shape the global trading system and promote a race to the top in terms of standards, rather than engage in a race to the bottom. If the United States and Europe want to strengthen our respective economic power and extend our strategic influence during uncertain times, we must make a decision together: either lead on global trade or be left on the sidelines. There really is no choice.
Read the entirety of Ambassador Garner's remarks.
3. Trade for All: European Commission Presents New Trade and Investment Strategy
This more responsible approach responds to new economic realities in line with the EU's foreign policy. Based on three key principles - effectiveness, transparency and values - it ensures trade policy benefits as many people as possible.
The Commission is proposing a new trade and investment strategy for the European Union, entitled ‘Trade for All: Towards a more responsible trade and investment policy'.
The new approach builds on Europe's excellent trade track record. EU companies export nearly as much as China to the rest of the world and more than firms in the United States or any other country.
More than 30 million jobs already depend on exports outside the EU. 90% of future global growth will happen outside Europe's borders. A new strategy that will make trade agreements more effective and that will create more opportunities means supporting jobs in Europe.
The new strategy is also a direct response to the current intense debate on trade in the EU – including on the Transatlantic Trade and Investment Partnership (TTIP) that is being negotiated with the United States. It is also an implementation of the Juncker Commission's pledge to listen and respond to European public's concerns.
4. EU Commissioner for Trade, Cecilia Malmström, Speech "Towards a New Strategy"
There is a major public debate. It's very intense in the German-speaking world in particular, but it extends all across the EU...
In the Commission we welcome this debate. It shows that people care about trade. So we are engaging with our critics and we are taking their concerns seriously. That's why…
We have opened up the negotiations to public scrutiny. We've put the EU's proposals online and we are participating in literally hundreds of public meetings.
We have proposed a new and deeply reformed approach to the sensitive issue of investment protection.
And we have promised - jointly with the US government - that nothing in TTIP will…
undermine the way EU regulation protects our citizens...
change how we provide for people who get sick or how we educate our children...
or restrict how we choose to do any of these things in the future.
In short, we have learned from the TTIP debate.
On the one hand we have learned that people do want more trade. They see how it can benefit our society.
But on the other hand, we have learned that they don't want to compromise on the core principles of European society in order to get those benefits.
Those are important lessons.
That's why they have helped shape our approach to the second issue I want to address - our new overall EU trade strategy, "Trade for all".
The strategy, which we announced just last Wednesday, is based on the three core principles: effectiveness, transparency and values.
Read Commissioner Malmström's entire speech.
This article is part of our project TTIP Review supported financially by the US Embassy in Berlin. Click on the link to read more articles and our governance rules.
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