EU-US economic relations: the TTIP negotiations and its implications

Revista CIDOB d'Afers Internacionals_110
Publication date: 09/2015
Author:
Javier Arregui Moreno
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This article analyses some of the most important arguments for creating a free trade area between the EU and the United States. It also identifies the most conflictive issues in the Transatlantic Trade and Investment Partnership (TTIP) and the possible agreements according to the mechanisms and strategies used. The article shows that the TTIP negotiation has sufficient potential to link issues together so that both the EU and the US can exchange positions on various subjects via the logrolling mechanism. Given that the TTIP presents significant potential advantages to both sides and that in this type of negotiation absolute profits tend to prevail, it is feasible that a final agreement will be reached that is accepted by both parties.
It would be a new turn of the screw in the process of globalisation, with the aim of preserving the West’s central role on the international stage.

Key words: TTIP, logrolling, globalisation, alignment, conflict resolution, investors, free trade agreement

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