Valdai Paper #58: Prospects for the Transatlantic Trade and Investment Partnership Vis à Vis Russia’s Interests


The Transatlantic Trade and Investment Partnership (TTIP) is by far the most ambitious project in the field of contractual formats of regional economic cooperation, combining traditional measures to liberalize mutual trade with regulatory rules of economic activity on the territories of member states. If successful, this project will influence on the development of both the world economy and its regulatory mechanisms.

The Valdai Paper thoroughly and impartially examines the impact of TTIP possible establishment on the world and Russian economy, global economic governance and future of the WTO. The Paper analyzes TTIP not only as a challenge but also as an opportunity for Russia, the benefits that it can bring to its economic entities regarding relations with the EU, use of TTIP provisions to improve the regulatory regime in Russia, and to deepen integration within the EAEC.

The author concludes that the establishment of TTIP does not carry catastrophic consequences for Russia, it will not undermine the WTO, and after the signing of the agreement (if it ever happens) Moscow will have enough time to generate the optimal response.

About the author:

Sergey Afontsev, Dr. of Science (Economics), Head of the Economic Theory Department at the Primakov National Research Institute of World Economy and International Relations (IMEMO)of the Russian Academy of Sciences, Professor at the Moscow State Institute of International Relations (MGIMO).

Related articles

Session of the Valdai Discussion Club at the World Festival of Youth and…
On October 20, 2017, within the framework of the World Festival of Youth and Students-2017, the Valdai Discussion Club held a special session, titled "Birth of the New World: Conflicts and

Libya at the Crossroads
Libya is at an important turning point towards stability. There is greater international recognition that reconciliation is the only way to restore peace in Libya. The UN Security Council strongly

Expert Opinions
Russia to enhance cooperation with Kingdom: Putin
Russia plans to expand cooperation with Saudi Arabia, President Vladimir Putin said at a meeting of the Valdai Discussion Club on Thursday. According to Putin, Moscow and Riyadh have no ideological

In the media