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International Economic Law and GovernanceEssays in Honour of Mitsuo Matsushita$
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Julien Chaisse and Tsai-yu Lin

Print publication date: 2016

Print ISBN-13: 9780198778257

Published to Oxford Scholarship Online: January 2017

DOI: 10.1093/acprof:oso/9780198778257.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 04 April 2020

TTIP and the Post-Bali WTO

TTIP and the Post-Bali WTO

Towards a New World Trade Order?

Chapter:
(p.367) 22 TTIP and the Post-Bali WTO
Source:
International Economic Law and Governance
Author(s):

David A Gantz

Laura Nielsen

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198778257.003.0022

The Transatlantic Trade and Investment Partnership (TTIP) offers through a regional trade agreement the allure of a partnership among nations accounting for almost fifty per cent of global economic output. In addition to increasing trade between the European and the United States, the TTIP could positively influence future WTO trade negotiations (which have been stalled since 2008), towards a new form of economic governance, in part by dealing with the issues most pertinent to encouraging trade expansion in today’s interconnected world, such as regulatory coherence, supply chain management, anti-competition law, and investment. The chapter addresses the potential impact of the TTIP, if it can be successfully concluded, not only on the bilateral EU–United States relationship, but also on future WTO multilateral trade negotiations, on the parties’ other trading partners and, ultimately, on the rules that will govern international trade in the twenty-first century, whether within or outside the WTO framework.

Keywords:   anti-competition, economic governance, European Union, investment, multilateral trade negotiations, regional trade agreement, regulatory coherence, TTIP, United States, WTO

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