Mega-Regional Trade Agreements
This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US T
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MegaRegional Trade Agreements
Mega-Regional Trade Agreements
Thilo Rensmann Editor
Mega-Regional Trade Agreements
Editor Thilo Rensmann Faculty of Law University of Augsburg Augsburg, Germany
ISBN 978-3-319-56662-7 ISBN 978-3-319-56663-4 DOI 10.1007/978-3-319-56663-4
(eBook)
Library of Congress Control Number: 2017941764 © Springer International Publishing AG 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
The present volume brings together a team of distinguished authors offering a broad range of perspectives on the key strategic, structural and substantive issues raised by so-called mega-regional trade agreements and their impact on the future of international trade and investment law. During the last few years, the major global economic powers have been involved in the ambitious process of negotiating a new generation of free trade agreements. In 15 rounds of negotiations since 2013, the European Union (EU) and the United States (US) have made considerable progress towards hammering out a draft for a Transatlantic Trade and Investment Partnership (TTIP). Meanwhile in the Pacific Rim, the United States, Japan and ten other states have already succeeded in finalizing the Trans-Pacific Partnership (TPP) which, following its signature in February 2016, is now awaiting ratification. In order to capture their unique features, the TTIP and TPP are often referred to as mega-regional trade agreements or mega-regionals. Both agreements introduce a new order of magnitude in terms of economic volume covered and the depth of economic integration envisaged. As a result of these new dimensions, mega-regionals have not only aroused
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