Abstract
The EU’s new generation of deep and comprehensive free trade agreements not only promote EU trade but also have a bearing on the shape of the European model and in consequence on the sustainability of the integration project. They reach much further than conventional free trade agreements. Their benefits hinge on the abolition of non-tariff and regulatory barriers and enter into areas that are member state competences. Much depends on the agreements in question and similarity of preferences between trading partners. It is up to the EU, ultimately for the sake of the sustainability of its political integration project, to explicitly contemplate not only trade impacts but impacts on the Union’s economic model instead of letting rather than being pushed further down the road by unfolding trade dynamics. Keywords: Comprehensive free trade agreements; EU regulation and preferences; subsidiarity.
Highlights
This article discusses European Union (EU) trade and regulation in the context of today’s world trading system
Adopting a trade focus tends to overlook that the EU’s new generation deep and comprehensive free trade agreements promote EU trade and have a bearing on the shape of the European model and, we argue, in consequence on the sustainability of the political integration project
Favoured by Germany, France rejects a wide Trade and Investment Partnership (TTIP)-style agreement and the inclusion of agriculture
Summary
This article discusses European Union (EU) trade and regulation in the context of today’s world trading system. Adopting a trade focus tends to overlook that the EU’s new generation deep and comprehensive free trade agreements promote EU trade and have a bearing on the shape of the European model and, we argue, in consequence on the sustainability of the political integration project.. Fears voiced by member states or civil society that deep and comprehensive free trade agreements might not correspond to the preferences or values of society cannot be dismissed out of hand.. Fears voiced by member states or civil society that deep and comprehensive free trade agreements might not correspond to the preferences or values of society cannot be dismissed out of hand.4 This could be the case if there was a race to the bottom of standards through regulatory competition and/or regulation being hollowed out by regulatory cooperation and. The concluding section places EU trade and the European model in the context the European integration project
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