Brexit’s Potential Impact on the Transatlantic Trade and Investment Partnership (TTIP)

‘As is known, the conclusion of the Transatlantic Trade and Investment Partnership (TTIP) agreement being lobbied for by Washington would create the world’s largest free trade zone and the free movement of capital. Today, the US and EU together (including the UK) are estimated to account for half of global GDP and a third of world trade.
Brexit, however, may introduce new elements into the Transatlantic Partnership equation.
On 26 June, the Independent, a British online newspaper, published an article titled “We thought the best thing about Brexit would be avoiding TTIP – but the fight isn’t over yet” by well-known anti-globalist and Eurosceptic John Hilary, executive director of the NGO War on Want. The author believes it is too early to celebrate a victory over supporters of the Transatlantic Partnership.’
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