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Wednesday, July 02, 2014
The TTIP Negotiation by the US and the EU Can't Solve Core Disputes and Might be Severely Shrunk
ANBOUND

In recent years, the European Union and the US has been repeatedly underlining a promising future of the US and EU's FTZ(Free Trade Zone). However, the US and EU didn’t achieve any breakthrough on every key issue in the previously held fifth round negotiation of TTIP (Transatlantic Trade and Investment Partnership). ANBOUND research team thinks that the most controversial issue in the TTIP is that the transnational companies have brought too big shocks to the markets of those European small countries, which is also one important step concerning the ideology of "total opening". In the future, the US might make some concessions to the EU in this regard in exchange for the acceptance of some US’ market standards by the latter. But this will be a long process with trivial details, and what is mostly likely to happen is that a severely shrunk version of TTIP agreement with a far more diplomatic than commercial significance would be achieved before the US presidential election.

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