Transatlantic Free Trade and Investment Partnership: Benefits and Effects for EEU

DOI

10.2991/aebmr.k.200312.467How to use a DOI?

Abstract

Today Global economy is a very complicated multilevel system of interaction of the national economics, transnational corporations, international integration unions and associations. Negotiations on formation of Transatlantic Trade and Investment Partnership are the most ambitious project in the sphere of development of treaty format of the regional economic cooperation. This paper considers the problems and prospects of cooperation between Eurasian Economic Union and EU’s countries, and the effects of this process on the development of the transatlantic economic relations between the USA and European Union. The study focuses on the causes facilitating the idea of Transatlantic Trade and Investment Partnership (TTIP). Considering the TTIP treaty we can distinguish different approaches and assessments of the planning treaty and its effect on the global trade system development. This study sought to examine the possible prospects of nations’s partnership formation in the TTIP frames, its influence on economic and political interests of EEU states, and namely of Russia. The scale of consequences of the possible TTIP treaty conclusion for the interests of the EEU countries will be mainly determined by three groups of factors: by correspondence of the effects and reorientation of trade between The USA and EU after the TTIP treaty conclusion, and its influence on the economic growth in country members and the international trade level of Russia and corresponding countries.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - O Y Sokolova
AU  - N V Mityaeva
AU  - N G Ustinova
AU  - N P Timofeeva
PY  - 2020
DA  - 2020/03/17
TI  - Transatlantic Free Trade and Investment Partnership: Benefits and Effects for EEU
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 3235
EP  - 3243
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.467
DO  - 10.2991/aebmr.k.200312.467
ID  - Sokolova2020
ER  -