Boyden Gray Fellow on Global Growth and Finance Chris Brummer is interviewed by the International Financial Law Review on how recent political developments are affecting trade negotiations:
The Transatlantic Trade and Investment Partnership (TTIP) is a comprehensive agreement being negotiated between the EU and the US. It aims to remove trade barriers in a wide range of economic sectors to make it easier to buy and sell goods and services between the two jurisdictions.
But it touches on sensitive economic sectors, like agriculture and energy, and trade deliberations can descend into fora for political point scoring. In this wide-ranging interview, the Atlantic council’s Chris Brummer explains the key pressure points, priorities for the future, and how a trend towards fragmentatin has impacted negotiations.