Keywords: TTIP, United States, European Union, Trade, Commercial agreements, Association agreements
As part of its Specific Call procedure within the framework of the Explore Programme, the EU-LAC Foundation presents a study on the Transatlantic Trade and Investment Partnership (TTIP). The study analyses the potential effects that the establishment of the TTIP between the European Union and the United States may bring for the trade dynamics between these two regions and, more broadly, for the governance of trade. This Study situates itself in the context of the emergence of trade blocs worldwide, which are seemingly replacing the role that the World Trade Organization (WTO) has as de facto institution for the negotiation of trade agreements. At the core of the study, the author extrapolates possible positive and negative scenarios resulting from the instrumentalisation the Partnership as a standard of trade extended to present and future trade partners of both regions.