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ARTICLE · 28 AUGUST 2014

What Will TTIP Bring For Turkey?: Legal And Trade Related Issues

Known by its acronym TTIP, Transatlantic Trade and Investment Partnership has the capacity to serve as a game changer in global economic balances.

TurkeyInternational Law

Known by its acronym TTIP, Transatlantic Trade and Investment Partnership has the capacity to serve as a game changer in global economic balances. At its core TTIP is a free trade agreement between the United States and the European Union with the underlying objective to increase bilateral trade among two economic blocks by the removal of tariff and non tariff based obstacles before the Transatlantic trade.  As the pundits are already in line to praise the benefits of such a free trade agreement which will bring increased trade volume, more jobs and common standards for the signatories, the agreement seems to create negative externalities for the third parties. The critical issue to be reckoned with regarding the TTIP is the intention of the policy makers to frame the agreement not only as a traditional free trade agreement that usually deals with the border arrangements and custom duties but also to design it as a beyond the border  arrangement that will seek to

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