U.S. President Obama announced not long ago that the United States will launch free w88 agreement negotiations with the European Union. The European Commission also announced that the EU and the United States have reached an agreement to launch negotiations on a bilateral free w88 agreement as soon as possible, and said that both parties will work hard this year6Start negotiations before the end of the month. In other words, the European Union and the United States will6The "Transatlantic w88 and Investment Partnership Agreement" was officially launched in March (TTIP) negotiations to eventually establish the US-EU Free w88 Area (FTA). According to the timetable drawn up by both sides, the United States and EuropeFTA's negotiations will be completed within two years.
In terms of economic size, the United States and the European Union are the two largest economies in the world. Their economic output accounts for half of the world's total output, and their bilateral relations are approximately3.8The w88 volume of about one trillion yuan accounts for one-third of the total global w88; at the same time, US companies’ investment in the EU is nearly2Trillion US dollars, three times its investment in Asia, and EU companies’ investment in the United States1.7Trillion US dollars, eight times its total investment in China and India. Therefore, having8The United States and Europe with a population of 100 millionFTAOnce completed, it will undoubtedly become the largest free w88 zone in the world. According to calculations by the European Commission, if the United States and the European Union reach an agreementFTAThe agreement is expected to increase European economic output in one year650billion euros, equivalent to the European UnionGDPImprove0.52%. At the same time, it will also bring political benefits, and closer economic and w88 exchanges will strengthen the strategic partnership between the United States and Europe.
In fact, as early as20Century9010658_10751
The first thing is to "hug together" to keep warm. Both the United States, which has gone through the financial crisis, and the European Union, which has been tortured by the debt crisis, have basically exhausted all means to save and stimulate the economy. Under this situation, the United States and Europe can only pin their hopes of boosting the economy on w88, that is, by eliminating tariffs or lowering non-tariff barriers to reduce the international transaction costs of industrial and commercial enterprises and expand market share. Observed from this perspective, the United States and EuropeFTAIt has a very obvious meaning of "hug together" to keep warm.
The second is the need to consolidate the leadership position. Since the economies of the United States and Europe have sufficient openness and competitive advantages, the global trading system after World War II was basically dominated by the United States and Europe. However, the international w88 pattern has undergone many unexpected qualitative changes and reversals in the past decade. On the one hand, the ASEAN Free Zone was born, the Andean Community came into being, and free w88 negotiations between China, Japan, and South Korea were in full swing. Faced with these emerging regional free w88 trends, the United States and Europe could only act as bystanders, feeling desolately marginalized. On the other hand, since there has been no breakthrough in the Doha Round negotiations for more than ten years, the influence of the United States and Europe on global w88 is gradually declining. Under this situation, the United States and Europe must focus on building bilateral w88 relations to regain their position as global leaders.
The third is to adapt to the rapid development of global free w88 areas. In recent years, due to the deadlock in the Doha Round negotiations of the World w88 Organization, regional economic integration has accelerated, and regional w88 arrangements, mainly free w88 agreements, have continued to emerge. Moreover, world w88 is increasingly concentrated in various regional economic groups. According to estimates by World w88 Organization experts, about half of current global w88 occurs within regional economic blocs. In order to seize the sphere of influence, the United States and the European Union are pushing for new international economic and w88 rules in the free w88 area and will inevitably accelerate the implementation of the free w88 area strategy.
Once the US-EU Free w88 Area is established, the technical and regulatory standards adopted by the EU and the United States are likely to become global standards. At the same time, the increase in w88 and investment within the US-EU free w88 area reduces economic dependence on outside the area, which will reduce the motivation of the United States and Europe to promote the global free w88 area. This will increase the difficulty of negotiations with other countries or regions outside the area, and may hinder the construction of global free w88 areas and the progress of global economic and w88 liberalization. In fact, in recent years, major trading countries and regions have increasingly turned to bilateral agreements, the WTO has been marginalized, and the limited results reached in the unfinished Doha Round will not be able to form a final agreement in the foreseeable future. The damage to the WTO's credibility is likely to continue. To make matters worse, global w88 protectionism has increased.
It should also be noted that it is not easy for the United States and Europe to finally negotiate a free w88 agreement. Since the two sides have great differences on issues such as market access for agricultural products and the opening of the financial industry, the negotiations will involve making the market rules and supervision of the two major economies compatible with each other, which is understandably difficult. At the same time, how does the EU coordinate27China’s position will bring uncertainty to the negotiations, and the United States is also facing similar problems. Therefore, the road to negotiation will be long and winding.
