Regulatory cooperation in the Transatlantic Trade and Investment Partnership (TTIP)

In the light of the upcoming third round of TTIP negotiations, BusinessEurope has prepared a position paper highlighting the European business’ priorities for the horizontal regulatory provisions in the agreement. A key deliverable from the TTIP will be a chapter on horizontal regulatory provisions. We call on the EU and the US to establish a mechanism that will eliminate or reduce existing regulatory divergences in goods and services trade and prevent new ones from arising in the future. Tackling such regulatory divergences will benefit businesses of all sizes and increase transatlantic trade flows, spurring economic growth and job creation and contributing to closer economic integration between the EU and the US.