Boosting TTIP Negotiations: A Value Chain Approach

Abstract:

Despite renewed commitment from both sides for a quick and successful conclusion of the negotiations for the Transatlantic Trade and Investment Partnership (TTIP), the process has partially lost momentum. Europe should not lose this opportunity.

This paper intends to offer a new prospective for the EU on how to look at TTIP negotiations and boost them. By using a trade-in-value-added approach, the paper provides useful indications to the negotiating parties in order to focus on those areas which are really able to deliver much-needed economic benefits. TTIP negotiations should mainly be focused on reducing cost and improving logistics along the production chains of the firms that have production lines across the Atlantic.