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

19.10.2016

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

Renewed Focus on Security Makes Theresa May’s Position Stronger Ahead of…
23.05.2017
The Manchester attack came at a time when Theresa May was trying to recover from a serious misjudgement on social and health policy. That mistake – which called into question the Conservatives’ claim

Expert: 
Mary Dejevsky

Category:
Expert Opinions
Expert discussion with participation of Nathalie Tocci, Special Adviser to EU…
23.05.2017
On May 23, 2017, the Valdai Discussion Club held an expert discussion with participation of Nathalie Tocci, Special Adviser to Federica Mogherini, High Representative of the Union for Foreign Affairs

Category:
Photo
Russia and the West: How to Deal with the Threat of Extremism
23.05.2017
The threat of terrorism and extremism will undoubtedly be among the priorities on the agenda of the upcoming NATO summit in Brussels. The organization’s members justly consider terrorism to be one of

Expert: 
Ivan Timofeev

Category:
Expert Opinions

Calendar

Popular tags

Newsletter

Type your E-mail to subscribe to Valdai Club newsletter
Subscribe