Upcoming Bilateral Trade Agreement, Transatlantic Trade and Investment Partnership (TTIP)

Upcoming Bilateral Trade Agreement, Transatlantic Trade and Investment Partnership (TTIP)

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Direction Title :

Upcoming Bilateral Trade Agreement, Transatlantic Trade and Investment Partnership (TTIP)

The dissertation will be about Transatlantic Trade and Investment Partnerships. In this dissertation, the following will be addressed: the aim of conducting and compiling the dissertation with regards to the TTIP.

TTIP agreement is a partnership between the European Union and the U.S. It is described as an ambitious and high profiled trade as well as investment agreement that is under negotiation aiming at creating opportunities for the citizens of the two parties . It is believed that upon its completion, it will boost the economy of the member countries. It is the first known bilateral trade agreement that has ever been documented between these two regions .
Aims of the dissertation
The dissertation will scrutinize various factors that have enabled the agreement between the United States of America and the European Union in easing the formation of TTIP. In summary, it wills emphasis on the following factors in details: long-standing membership between the two regions in the World Trade Organization.
Moreover, another factor that the desertion will cover is the recent agreements that were formulated between the two regions such as the Open Skies Agreement between EU and USA. Furthermore, the influence of the Transatlantic Economic Council in regards to the formation of the TTIP will also form part of the dissertation . Moreover, the dissertation will also look into the advantages and disadvantages of the agreement as afar as economic and social development is concerned between the two regions.

Relevance to Existing Literature

Based on the summary on the TTIP that was provided by the Jeffrey, the dissertation will emphasis on the following: first, the impact of the partnership in regards to the trade balance between the two regions. Secondly, it will focus on any possible eventualities together with legalities that are associated with the agreement. In order to succeed in addressing the two issues, a multifaceted approach shall be adopted for the methodology of this study. As for the methodology, this study will emphasize on the main factors that contributed to the formation of the agreement .
According to the information provided by Sandra Fung, The dissertation will highlight the fears of the renowned tense relationships concerning the economy between the two regions. In addition, the dissertation will highlight how the tense relationship between these two regions can result into the failure of the TTIP. Furthermore, in addressing this fear, the paper will cover the efforts that were made by both the European Union and the white house to dispel the fears .
Furthermore, the information gathered from the existing literature will be used to assess the impacts and implication of the agreement not only to the member countries but also to the economies of other countries. Moreover, other literatures will be used to determine the possibilities of other countries joining the agreement with special emphasis to the Turkey.
Project Justification
The concepts of the scope of the International Business Law program that will be addressed by the dissertation are legal issues that involved the international business agreements. Another concept that will be covered is the economic impact participating parties in regards to the TTIP agreement. Lastly, the influence of the legal structures as far as formation of TTIP is concerned . Besides the written sources, interviewing the officials of this bilateral trade agreement will be conducted if necessary with the aim of obtaining reliable and firsthand information . Therefore, the dissertation will be able to recommend on how to overcome any hurdle that can hinder formation and operation of the TTIP.

“Final Report High Level Working Group on Jobs and Growth”.European Commission
Jeffrey J. Schott and Cimino Cathleen. “Keys to negotiating the transatlantic trade and
investment partnership.” Intereconomics4 (2014): 24.
Sandra T. Fung. “Negotiating regulatory coherence: The costs and consequences of disparate
regulatory principles in the Transatlantic Trade and Investment Partnership Agreement between the United States and the European Union.” Cornell Int’l LJ 47 (2014): 445-473.
“Transatlantic Trade and Investment Partnership (TTIP) – Trade – European Commission”.
Ec.europa.eu. (2015): 21


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