Will the Transatlantic Trade and Investment Partnership Live Up to Its Promise? -- Welcoming Remarks and Keynote Address

The Transatlantic Trade and Investment Partnership (TTIP) negotiations were launched to great fanfare in mid-2013 with the pronouncement that a comprehensive deal would be reached by the end of 2014 on a "single tank of gas." But after more than two years and 10 rounds of negotiations, an agreement is nowhere in sight and substantive differences remain between the parties. Despite a retreat from the original level of ambition, skepticism is mounting on both sides of the Atlantic that a deal will be reached anytime soon. What are the prospects for fulfilling the promise of a comprehensive trade and investment deal between the United States and the European Union? What exactly is under negotiation, and what is the strategy for advancing those negotiations? Would it make sense to exclude sacred-cow issues that will only bog down the negotiations? Is it wise to continue pursuing a single comprehensive deal for all issues on the table, or is it better to aim for a sequence of smaller agreements? Should a deal include other closely integrated countries, such as Canada, Mexico, and Turkey? How will TTIP affect the multilateral trading system, relations with the BRICS countries, and prospects for developing countries?

Those and many other questions will be addressed through panel presentations, roundtable discussions, and debates by more than 30 trade experts from around the world at a conference hosted by the Cato Institute.

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