The main goal of the opinion is to provide a good and qualitative source of information and opinion in the beginning of TTIP negotiations process.
The own-initiative opinion will focus on the impact of the TTIP on SMEs and reflect on the provisions that would need to be included in the TTIP in order to take account of the specific character of SMEs in the negotiations and implementation of an eventual EU-US agreement. The opinion will also look at how to increase the awareness of SMEs as to existing support services and programmes, and particularly about the new business opportunities that may arise with this agreement.
Since the entry into force of the Lisbon Treaty, the investment policy is an exclusive competence of the European Union. The EU is aiming to include therefore in the new trade and investment agreements provisions on investor protection and investor to state dispute settlement (ISDS) which will replace existing Bilateral Investment Agreements (BIT) signed by Member States and will grant the same level of protection to all EU investors.
The EESC has played an important role in strengthening an informed civil society debate on the Transatlantic Trade and Investment Partnership (TTIP) through a number of TTIP-related opinions, adopted in 2014 and 2015, covering issues such as labour rights, investment protection, impact on SMEs, among others.
It is important under the present circumstances that the EESC, in order to maintain its position as a key civil society player in the TTIP debate, react to the textual proposals for TTIP negotiations on essential topics such as the sustainable development chapter, regulatory cooperation, investment and services. This will have the advantage not only of setting up the EESC position on major negotiating chapters but also of presenting concrete recommendations and pointing out the need to involve civil society in the implementation of those chapters.
On 12 June 2014, the Commission presented a proposal for a Regulation of the European Parliament and of the Council codifying Council Regulation (EC) No 673/2005 of 25 April 2005 establishing additional customs duties on imports of certain products originating in the United States of America.
The role of trade as a generator of growth and jobs is undeniable, but public perception of the further liberalisation of trade is getting worse and citizens' concerns must be addressed far more effectively than before. This was one of the conclusions of the conference on "Strengthening European Growth and Competitiveness: Proactive Trade Agenda – NOW!" that took place in Helsinki on 26 October.
The role of trade as a generator of growth and jobs is undeniable, but public perception of the further liberalisation of trade is getting worse and citizens' concerns must be addressed far more effectively than before. This was one of the conclusions of the conference on "Strengthening European Growth and Competitiveness: Proactive Trade Agenda – NOW!" that took place in Helsinki on 26 October. Jacek Krawczyk, President of the EESC Employers' Group, added:
It is our responsibility to advocate for trade; we cannot take it for granted that people understand what the benefits ...
With discussions for TTIP now at a critical point, the EESC has published a new opinion, ‘The position of the EESC on specific key issues of the TTIP negotiations’. The own-initiative opinion assesses some key issues of the negotiations and identifies the main considerations for European civil society. This new ...
The EESC Employers' Group is organising a seminar on "Strengthening European Growth and Competitiveness: Proactive Trade Agenda – NOW!" taking place on 26 October in Helsinki and jointly organized with the Confederation of Finnish Industries and the International Chamber of Commerce, ICC Finland.
Trade and Investment are hugely important for the EU: 1 in 7 EU jobs depend on exports. The EU cannot risk falling behind in the global race to build a wide and ambitious network of free trade agreements. The signing of the Trans Pacific Partnership (TPP) agreement (involving 12 countries and 40% of world GDP) is a timely reminder of this. This seminar, which will be attended by many of our Members together with Finnish employers and entrepreneurs, politicians and academics aims to examine how to best contribute positively to the debate as trade agreements (TTIP - TISA - CETA - EU-JAPAN) increasingly become a top political issue.