Volume 12 (2017) / Issue 11/12
The Transatlantic Trade and Investment Partnership (TTIP) generated significant public curiosity about trade, triggering a passionate debate reflecting many concerns. The European Commission Communication ‘Trade for All: Towards a More Responsible Trade and Investment Policy’ (2015) was intended to support a well-informed debate based on facts, and this was followed by ‘A Balanced and Progressive Trade Policy to Harness Globalisation (2017)’. EU Member States, in the Council, have always been closely involved in trade negotiations, giving the mandate to the Commission to negotiate, following progress closely and approving the results of the negotiations. A positive side-effect of the public debate on TTIP and subsequently the Canada-EU Comprehensive Economic Trade Agreement (CETA) is that it has awoken curiosity on trade and investment negotiations. This article provides an overview of the lifecycle of a negotiation focusing on the procedural steps, efforts to increase transparency and engagement with stakeholders.
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