TTIP & Beyond: Implications for Third Countries - An EFTA Perspective     Print Email
Monday, 13 April 2015

On April 13, 2015, The European Institute, in cooperation with the European Free Trade Association (EFTA) Secretariat, held a discussion on the implications of the Transatlantic Trade and Investment Partnership (TTIP) for EFTA states. Georges Baur, Assistant Secretary-General of EFTA, presented opening remarks on the history and trade relations of EFTA, followed by a panel of experts, moderated by Michael Smart, Vice President of the Rock Creek Global Advisors LLC. The Honorable Gunnar Gunderson, Member of the Norwegian Parliament (Strotinget), discussed the economic opportunity that TTIP has for EFTA and underlined the importance for EFTA to acquire an equal preferential treatment from both the U.S. and EU. The Honorable Thomas Aeschi, Member of the Swiss House of Representatives (Nationalrat), highlighted EFTA’s openness to trade, exemplified by its current 25 FTAs with 35 countries, and encouraged a docking mechanism into TTIP for EFTA, Mexico, and Canada. Ambassador Miriam Sapiro, Founder of Summit Strategies International and a Non-Resident Senior Fellow at the Brookings Institution’s Global Economy and Development program, outlined the premise of TTIP and the opportunity for the initiative to have an open architecture accessible to third countries. Lastly, Gary Clyde Hufbauer, Reginald Jones Senior Fellow at the Peterson Institute for International Economics, discussed the obstacles of having TTIP as an open architecture for trade, underlining that most accession clauses in FTAs have never been acted upon.

 
  • World Radio Conference Outcomes

    By Patricia Paoletta, Washington DC

    The latest World Radiocommunication Conference (WRC) wrapped up in late November after four long weeks of negotiations between 3400 delegates from around 165 Member States. All in all, the WRC resulted in positive outcomes for both 5G and Wi-Fi, and will benefit both the U.S. and Europe's communications agendas, particularly with respect to the decisions on spectrum to be allocated for the all-important 5G service. The effect will be to ensure the more rapid development of the next generation of mobile broadband in a manner consistent with U.S. planning and existing development.  Debates on 5G dominated the conference, but allocations for high-altitude platform stations (“HAPS”) sought by U.S. based firms were also favorable. As a result, plans to provide additional internet service to underserved areas may be accelerated.

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UMD Jean Monnet Research Project

The University of Maryland has received a Jean Monnet grant from the EU to conduct a series of policy exchanges between Europe and the US on filling infrastructure needs and the utility of public/private partnerships as the financing mechanism. If interested in participating in or receiving more information about these exchanges, please contact Rye McKenzie (rmckenzi@umd.edu).

New from the Bertelsmann Foundation

The Bertelsmann Foundation is an independent, nonpartisan and nonprofit think tank in Washington, DC with a transatlantic perspective on global challenges.

"Edge of a Precipice" by Nathan Crist

"Newpolitik" by Emily Hruban

 

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