A FRESH START FOR TTIP

Never before has the European Union negotiated a trade agreement like the Transatlantic Trade and Investment Partnership (TTIP). The EU is used to negotiating with smaller trade partners who are forced to adapt to its own preferences, norms, standards, and proceedings. 

It has never concluded an agreement with a partner of equal market size as, and of even greater political weight than, itself. 

As a result of this, as well as of perceptions of the United States in Europe as a possible threat to its norms and values, TTIP has also become the most controversial trade agreement the EU has ever negotiated.

Vehement public opposition now threatens TTIP, which could go the way of previous EU-US agreements such as the SWIFT agreement and the Anti-Counterfeiting Trade Agreement, both of which were rejected in the European Parliament.

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