The TTIP negotiations: from interregionalism to global governance
Keywords:
TTIP, European Union, United States, international relations, interregionalism, international governanceAbstract
Revista CIDOB d’Afers Internacionals, nº 110
Quadrimestral (Maig-September 2015)
ISSN:1133-6595 | E-ISSN:2013-035X
In this theoretical study, we show why the negotiation between the European Union and the United States of a Transatlantic Trade and Investment Partnership (TTIP) could be a watershed in the field of international relations. Beyond the importance of a trade agreement between the world’s two largest economic powers, an eventual agreement would change international relations as a whole. Similarly, it would return relations between large regions to the centre of thinking about the world again, not just those between countries. Lastly, it would oblige the other powers to define themselves in relation to the regulations agreed between the two members of the TTIP, regulations that go beyond trade and investment. A step forward between Europe and the United States would signify, for that matter, a step forward for global governance, even if the objectives of that governance are yet to be defined.
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