On March 20, 2013, the Obama Administration notified Congress of its intent to negotiate T-TIP. Negotiations began in July 2013, with a tenth round of negotiations in July 2015. At the 2015 G-7 Summit, leaders resolved to accelerate negotiations with a goal of finalizing understandings on T-TIP’s outline as soon as possible, preferably by the year’s end. In T-TIP, both sides have exchanged initial tariff offers and revised service offers. Discussions on regulations, standards, and rules are ongoing. The European Commission continues to deliberate its approach to investor-state dispute settlement.
Date of Report: July 29, 2015
Order Number: IF10120
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