Seminar on the Transatlantic Trade and Investment Partnership

In response to the economic crisis and with a view to keep the helm of global economic development the European Union and the United States launched negotiations in July 2013 for a trade and investment agreement. The idea of bringing the world’s two largest markets closer together is not new and it finds heavy support in economic theory. However, to remove trade barriers beyond tariffs and quantitative restrictions strictu sensu brings legal challenges in its train. Is it possible to avoid a “race to the bottom” when opening up for trade on the premises of mutual recognition without common standards? Perhaps we can learn something from the internal market where the promotion of specific social interests such as the protection of consumers and the environment has prompted detailed regulation? That said, to what extent is transatlantic standardization possible? How much power to balance ever broader social concerns should be vested in the envisaged standing tribunal for dispute resolution?

For an export-dependent member state of the European Union such as Sweden, a free trade agreement with the United States may be welcome. Nevertheless, it comes with a price in terms of reduced regulatory freedom and transfer of power away from the elected representatives. True, we might not solve all the legal issues involved during this afternoon, but the conference aims to provide interesting perspectives from informed speakers and hopefully inspire to further discussions.

Welcome to join us on this seminar on March 14th, Geovetarhuset, Y-house, Stockholm University. The seminar is free of charge. Please register by filling out the form found in the right hand marginal.