1 / 8

U.S. and E.U. FTA

U.S. and E.U. FTA. Possibility or pipedream?. Overview. -United States and the European Union -Why FTA? -Hurdles to a deal -State of the Union -Conclusion -Thoughts? Questions?. The US and the EUROPEAN UNION.

anja
Télécharger la présentation

U.S. and E.U. FTA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. U.S. and E.U. FTA Possibility or pipedream?

  2. Overview -United States and the European Union -Why FTA? -Hurdles to a deal -State of the Union -Conclusion -Thoughts? Questions?

  3. The US and the EUROPEAN UNION • - Interaction between the US and EU account for $4 trillion in trade, investment, and commercial sales. • -Trade between the 2 regions already accounts for between 40% and 50% of Global GDP (depending on the source). • -Currently secures 15 million jobs • - ex: US investments in France and Belgium alone in 2010 were as high as in India and China combined. • -A study by Sweden’s National Board of Trade said trade between the two sides could jump 20% - upwards of $200 billion annually- if an agressive trade deal were enacted.

  4. WHY FTA? -With a “dead” Doha Round, it gives the US and EU an opportunity to expand trade. -Eliminating existing tariffs would boost two-way trade by $120 billion within five years and and $180 billion the U.S. and E.U combined GDP. -Would add 1.5 percent to 2 percent combined to U.S. and European output.-More Jobs!

  5. Hurdles to A Deal -Agriculture -Food Safety-Environment-Automobiles -Licensing Standards-Labor Standards -Etc. etc. etc…

  6. State of the UNion “Tonight, I’m announcing that we will launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union, because trade that is fair and free across the Atlantic supports millions of good-paying American jobs.”

  7. Conclusion -While a deal may be possible, and desired by many involved parties, inability to compromise on few key issues may stall a deal -Both parties WILL have to compromise on some pieces of a deal if we are to see a Trans-Atlantic trade agreement -Obama has placed a high priority on this issue, but even with the weight of the executive behind the issue, a deal will be a slow, arduous process

  8. Thoughts/comments/questions??

More Related