What was the outcome?
- In the area of customs, it was not possible to reach agreement although both sides underlined that they still support the objective of a complete elimination of customs for industrial goods.
- Progress was made in particular on the theme of technical barriers to trade.
- Provisions relating to sustainable development, labor and environment should build on existing rules in European and U.S. agreements.
- There was a particular focus in this negotiation round on small and medium-sized enterprises (SMEs): both sides declared that there will be an SME chapter in TTIP in order to facilitate transatlantic trade especially for these businesses.
How were interest representatives and stakeholders involved?
Stakeholders could again submit positions in a civil society dialogue and a stakeholder forum, and hold discussions with the negotiating teams. A total of 90 organizations presented their priorities for the negotiations. In this framework, BDI set out proposals for what an investment protection chapter should contain.