Bulletin n. 1-2/2014 | ||
November 2014 | ||
Daniel S. Hamilton |
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America's Mega-Regional Trade Diplomacy: Comparing TTP and TTIP | ||
in International Spectator (The) , Vol. 49, No. 1 , 2014 | ||
The United States is currently negotiating two massive regional economic agreements, one with 11 Asian and Pacific Rim countries and the other with the 28-member European Union. The Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) herald a substantial shift in US foreign economic policy as Washington turns its focus from the stalemated Doha Round of multilateral trade negotiations and scattered bilateral trade agreements to 'mega-regional' trade diplomacy. As the only party to both negotiations, Washington seeks to leverage issues in one to advance its interests in the other, while reinvigorating US global leadership. | ||