TTIP – the New World Trade Order? a New Issue of the ”Genera- Svetlana Yordanova in the EU–US Trade Convergence Nego- Tion Europe“ Newspaper Brings Tiation Process

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TTIP – the New World Trade Order? a New Issue of the ”Genera- Svetlana Yordanova in the EU–US Trade Convergence Nego- Tion Europe“ Newspaper Brings Tiation Process Saturday, May 9, 2015 Year Four GENERATION EUROPEFREE DISTRIBUTION Our Europe #TTIP – the New World Trade Order? A new issue of the ”Genera- Svetlana Yordanova in the EU–US trade convergence nego- tion Europe“ newspaper brings tiation process. On that date, European new luck, as they say, or rather Ideas to facilitate trade on both sides – a new European Parliament, of the Atlantic have existed before. A Commission President Jose Barroso an- a new European Commission, nounced the launch of real negotiations new priorities for the EU... These free trade area was initiated back in the are only part of the things that 1990ies but fi zzled out without any tangi- on a trade pact, a day after US President happened since our last issue ble results. The idea was relaunched after Barack Obama did so. Today, two years in May 2014 and which found the collapse of the Doha World Trade Or- later, the Transatlantic Trade and Invest- their rightful place in the new ment Partnership (TTIP) is a major topic, one. What hasn‘t changed is ganization (WTO) talks. It was rekindled the interest toward the com- by German Chancellor Angela Merkel discussed by the USA, the EU and other petition for the publishing of and resulted in an operational Transat- world economic powers. the newspaper you are holding lantic Economic Council. February 13, EU and USA – on the way to the largest in your hands: this year more 2013 marked a completely new phase 2 free trade area in the world than 190 students from various universities in Bulgaria and Eu- rope submitted their essays. It is among them that we chose our 15 authors whose materials you will have the pleasure of read- ing. They will o er you a unique point of view toward the Euro- pean Union as the authors see it today and we will be expecting your comments in Twitter or on our Facebook page (EPIOSo a). Enjoy! In this issue: Challenges for the former Yugoslav Republic of Macedonia .................... 3 Ukraine – this is Europe ................................ 3 Immigration in the EU - an invisible threat ...... 4 Three, two, one – Euro start ................................ 5 The new leading persons in the European Parliament ............................. 6 European Investment policy: who is the man with the plan? .......................... 8 Looking into the future: The EU budget for 2015 Financial diet for Economic Growth ............... 8 Your generation has a unique chance ..... 9 European Year for Development A tête à tête about Internet, Svetlana Kirova changes. Topics, which in recent years interest mainly for its own citizens but unemployment and something else ....... 10 Since 1983, the European Union have been the focus of EU, include beyond the borders of the Union, on focuses on a specifi c theme during the citizenship in 2013 and 2014, and the poorest countries and the European The phenomenon of Euro scepticism - year in order to attract public attention before that – active aging in 2012 and efforts in support of their development. how, when and why? ................................... 11 to a particular issue. In many cases volunteering in 2011. For the fi rst time initiatives precede important legislative in 2015 the EU focuses not on issues of 2 European Social Fund - investment in the future of young people ...................... 12 What Europe young people want to live in? ..................................................... 13 Only one click away ............................................. 14 Feeling the heart of Europe. From So a to Strasbourg and back again ..................................................... 15 The current publication has been realized by the European The six plusses of Erasmus + ...................... 16 Parliament Information O ce in Bulgaria. The information and views set out herein are those of the authors and do Euro Horoscope ................................................ 16 not necessarily re ect the o cial opinion of the European Parliament or the Information O ce. GENERATION 2 EUROPE #TTIP – the New World Trade Order? From page 1 a series of questions about the trade between the US and the by the national parliaments of impact of a possible agreement. EU. Whether travel restrictions the Member States – TTIP will The most controversial measure are such a barrier is not yet clear need to get the approval of the WHAT IS TTIP? TTIP foresees is the creation of an according to the Commission. European Parliament. That is In short, TTIP is the agreement, investor-state dispute settlement It seeks to make negotiations why in the recent months the which would create the largest (ISDS) mechanism in the form for trade agreements consistent EP has been an extremely active free trade area in the world. In of a supranational arbitration with the overall effort both at party in the talks which, as a essence this is a contract that that will allow large international European level and at the level rule, are only going on between will affect two of the largest corporations to sue individual of the Member States in order to the EC and the US Government. economies in the world, the total countries. Furthermore, there are achieve visa reciprocity with the 15 parliamentary committees GDP of which is over 50% of concerns that the US will impose US as soon as possible. have drawn up their positions to the world GDP. The agreement is its more liberal food standards help come up with a fi nal single (the issue of genetically modifi ed LOADING... aimed at the elimination of many position on the negotiation process trade barriers and liberalization organisms (GMOs)). After a possible successful and the individual chapters which TTIP in numbers of the transatlantic market. This THE TRANSPARENT outcome of the negotiations is expected to be formulated by includes reduction or elimination NEGOTIATIONS between the EU and the United the Committee on International of customs duties, non-tariff three – the EU, Member States OXYMORON States, the proposal prepared is Trade in May 2015. The EP barriers on trade with various and the US, which means that to be adopted unanimously at wants to be sure that the voice goods, creating a favourable In response to public criticism the contract will be subject to the meeting of the EU Council of the EU citizens will be heard environment for overseas advocating for greater discussion by many legal systems. in the composition of heads of investment by companies on both transparency in the negotiation and that the democratic principles Therefore, at this stage there are a sides of the Atlantic. process, the European state and government. To proceed will be respected. The parties lot of uncertainties about its fi nal Commission published a set to the third step – ratifi cation to the agreement are ultimately adoption and entry into force. PROS AND CONS of documents setting out EU’s SOON IN YOUR TTIP has provoked a colourful proposals for legal texts on HOME TOO palette of political and civil various topics in the context of positions. The biggest hopes negotiations on TTIP. This is the ”A day will come when we shall are that the removal of barriers fi rst trade agreement for which see those two immense groups, to trade and investment will the negotiating mandate will be the United States of America create new market opportunities published and made available and the United States of Europe, and stimulate economic growth for the general public before it facing one another, stretching in Europe and the US. An has been signed. In addition, out their hands across the sea, independent study by the Centre the European Commission has exchanging their products, their for Economic Policy Research, also published explanations in arts, their works of genius”. These London, showed that the annual a plainer language about the visionary words were pronounced positive effect of this agreement meaning of these texts, as well by Victor Hugo in 1849. We are to will be about EUR 119 billion as detailed reports with facts see soon whether Hugo’s dream for the EU’s GDP and about EUR clarifying the European positions. will come true. 95 billion for the US economy. NO VISA REQUIRED? However, each of the two Send us your opinion on the topic on countries is trying to fully protect EC defi nes TTIP as an opportunity Twitter @EP_Bulgaria with the hashtag their own interests, which raises to eliminate the barriers limiting #GenerationEurope! With the support of the European Looking into the future: Union, the NGO ALIMA (Alliance for International Medical Action) built a treatment European Year centre. Sâa Yawo Koumassadouno is one of the few for Development Ebola survivors. «Sustainable Development Goals», is expected to be adopted EU support promotes women’s political participation across in September 2015, again at a UN forum, while now the global the Paci c region. civil society has the fl oor to make proposals and comments. From page 1 On the other hand, the offi cially kicked off with a conference in March and individual institutions and MEPs encourage young people to spend some The Union is undoubtedly a global example in this area. It is EUROPEAN YEAR FOR DEVELOPMENT time thinking about the subject in essay competitions. the largest donor to developing countries, providing about 60% of is intended exactly for the EU citizens. It aims to inform all aid to them. The motto of the European Year for Development, BULGARIA AND THE YEAR FOR them, make them empathetic, but also to ask for their opinion on DEVELOPMENT however, does not focus on money but on values: «Our world, our what the collaborative global effort should look like in the com- dignity, our future». This is an idea of the European Parliament ing decades. A special website europa.eu/eyd2015/bg has been Overall, the European development policy is little known and the message – unambiguously – is that we have to stop think- developed for the purpose, available also in Bulgarian language.
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