Perspectives for a Transatlantic Trade and Investment Partnership (TTIP)

Transatlantic Academy/Center for Transatlantic Relations

October 2-3, 2013

1717 Massachusetts Ave., NW

Room 500

Washington DC

The United States and the European Union are currently negotiating a Transatlantic Trade and Investment Partnership (TTIP) to expand their trade, investment and regulatory cooperation.

Proponents argue that an open transatlantic market under the TTIP could spur growth, translate into millions of new jobs in the U.S. and Europe, and improve both earnings and competitiveness for many companies, particularly small- and medium-sized enterprises.

TTIP is unique in its complexity and difficulty, however, because remaining transatlantic trade and investment barriers and regulatory issues often reflect the most politically difficult cases. And critics have raised concerns about one side of the Atlantic ”imposing” its norms on the other, or have questioned whether TTIP will strengthen or subvert the international rules-based economic order.

This two-day workshop will bring together experts from the private sector, government and academia to examine the challenges posed in the current TTIP negotiations and the implications for the broader liberal order.

For the Transatlantic Academy, it is the beginning of a number of more specialized workshops to be held throughout the fellowship year on key aspects of the emerging new economic order, to include issues of internet governance and data protection and the future of the global trading and financial systems.

For the Center for Transatlantic Relations, it is part of the Center’s ongoing Transatlantic Partnership Forum activities exploring TTIP’s challenges and opportunities.

Wednesday, October 2, 2013

Room 500

1717 Massachusetts Ave., NW

Session 1: TTIP from American and European Perspectives

The TTIP will generate large benefits in the long run and some adjustment costs in the short run. However, benefits and costs are unlikely to be distributed equally between the United States and European Union or among regions or sectors of each economy. What do both sides seek from TTIP? What are major concerns?

10:00 am:        Welcome

Stephen F. Szabo, Transatlantic Academy


Overview: Why and Why Now?

  • Thomas Straubhaar, Transatlantic Academy and Hamburgisches WeltWirtschaftsInstitut (HWWI)
  • Daniel Hamilton, Executive Director, Center for Transatlantic Relations, Johns Hopkins SAIS


10:15 am:        What are European and American Hopes and Fears?

  • Daniela Schwarzer, Stiftung Wissenschaft und Politik (SWP)
  • Rod Hunter, PHRMA, formerly NSC and Office of U.S. Trade Representative
  • Tyson Barker, Bertelsmann Foundation
  • Jeffrey Werner, General Manager for International Affairs and Public Policy, Daimler AG, Washington, D.C.



11:15 am:        Round Table Discussion


12:00 am:        Break


12:15 pm:        Keynote Speech: Perspectives for a TTIP

Philip D. Murphy, former U.S. Ambassador to Germany




Session 2: Troublesome Issues


Previous efforts to launch wide-ranging transatlantic commercial negotiations have foundered on troublesome issues separating the U.S. and EU. What are the chances that this time will be different? Will these issues remain on the negotiating table, or will they be excluded from the negotiations? Other issues, such as PRISM and related revelations about U.S. surveillance activities, have roiled the political waters in Europe. How will such issues affect the negotiations?


3:00 pm:        Will TTIP Really Tackle Financial Services?

  • Steffen Kern, European Securities and Markets Authority (ESMA)
  • Tim Adams, former Undersecretary of Treasury


                           Do the NSA Revelations Change Anything?

Annegret Bendiek, Stiftung Wissenschaft und Politik (SWP)

Chris Wolf, Hogan Lovells


04:00 pm:        Round Table Discussion


05:00 pm:        Conclusion of Day One


Thursday, October 3, 2013

Room 500

1717 Massachusetts Ave., NW

Session 3: TTIP and the Global Economic Order

The TTIP is a step towards a stronger bilateral strategy of liberalizing international trade (and other activities). However, it is a step back from advancing the WTO. Therefore, the question arises whether TTIP is strengthening or weakening the search and implementation of a new Global Economic Order that includes both the emerging market economies and issues of capital markets, financial markets and labor markets as well. It is also unclear what TTIP may mean for countries such as China or Brazil, or allies such as Turkey or Canada.

This session will discuss the challenges of bilateral versus multilateral approaches and the challenges TIPP may generate for third countries.


10:00 am:        Presentation by Andreas Esche, Bertlesmann Foundation


10:30 am:          TTIP and WTO: Do They Go Along With Each Other?

  • Jennifer Hillman (GMF, former U.S. trade official and judge with WTO)


11:00 am:        Outside Perspectives: What Does the TTIP Mean for China? Turkey?

  • Lanxin Xiang, Transatlantic Academy Fellow
  • Kemal Kirisci, The Brookings Institution


11:30 am:        Round Table Discussion



12:30 pm:        Keynote Speech: European Views on the Future Prospects for TTIP

Joao Vale de Almeida, Ambassador of the EU to the United States



Session 4: The Strategic Implications of TTIP

Much analysis has already been conducted regarding TTIP’s potential economic impact. Less attention has been paid to the the political and geostrategic aspects of such a partnership agreement. This session will explore those dynamics.


3:00 pm:         The Strategic Implications of TTIP

  • Daniel Hamilton, Center for Transatlantic Relations, Johns Hopkins SAIS
  • David McKean, Director of Policy Planning, U.S. Department of State or Charles Ries, RAND


03:45 pm:        Round Table Discussion


5:00 pm:         Closing Comments and Next Steps

  • Stephen F. Szabo, Transatlantic Academy
  • Thomas Straubhaar, Transatlantic Academy and Hamburgisches WeltWirtschaftsInstitut (HWWI)
  • Daniel Hamilton, Center for Transatlantic Relations, Johns Hopkins SAIS