What positive impact does TTIP have on policy, defense, and security?
Observing the humanitarian crisis in Venezuela, the political instabilities in African nations such as Syria, Iraq, and Libya, the war in Yemen, and the terrorism in Afghanistan caused by the Taliban shows that the world is currently facing security challenges. Above all, the Ukraine war, which began with Russia's invasion on February 24, the crisis in North Korea, and the confrontation over the Taiwan issue are of particular concern. In addition, there are other political uncertainties. According to the Council on Foreign Relations, 70.8 million people are displaced due to the war. This migration crisis is an issue that the EU and the US, especially, have to deal with. Furthermore, the global Covid-19 pandemic has been on the agenda since 2020. Accordingly, both military and health risks exist.
This chapter focuses on the transatlantic trade and investment partnership "TTIP" and its impact on security. The TTIP negotiations between the EU and the USA reached a standstill at the end of 2016. Despite the possibility that the treaty would enable the two powerful economic nations to develop further and strengthen their ties. Furthermore, the agreement aimed to create up to 13 million new jobs. Nevertheless, the TTIP negotiations are gaining traction due to global circumstances. As already explained, many skeptics, such as charities, environmentalists, and NGOs, for instance, strongly criticize the agreement. There have also been some large-scale demonstrations in European countries. Nevertheless, TTIP also has benefits, especially concerning the economy.
At a glance
- Grade: 1.3 (1.0 is the best grade)
- Uses the Pfizer-BioNTech vaccine as a transatlantic cooperation example
- Compares cybersecurity rankings using the National Cyber Security Index
- 51 sources in the bibliography
- 5 figures
Table of Contents
1. Introduction
2. Policy
3. Health Standards and Food Safety
4. IT and Cyber-Security
5. Financial Security
6. Energy Security
7. Military Defense
8. Results
Objectives and Topics
This research project examines the potential positive effects of the proposed Transatlantic Trade and Investment Partnership (TTIP) on policy, security, and defense. It considers criticisms of the agreement alongside selected literature, institutional publications, news reports, and statistics, asking what positive impact TTIP could have in these areas.
- Political transparency and investor-state dispute settlement
- Health standards, medical regulation, and food safety
- Cybersecurity, data protection, and technological cooperation
- Financial regulation and economic security
- Energy supply and dependence on imports
- Military defense and transatlantic security cooperation
Excerpt from the Book
IT and Cyber-Security
Due to the invasion on February 24, 2022, by Russian troops under the leadership of President Putin, IT security became increasingly important, especially in Europe. This is because the war in Ukraine differs from the other military conflicts that have occurred so far. In addition to destroying the country, Russia relies on cyber-attacks. With a range of attacks on the computer networks of the Ukrainian government, Russia is trying to eliminate the digital infrastructure. The hacking attacks hit public websites through which the state communicated with the population, and companies in the energy and financial sectors were victims. The goal was to spread altered information by manipulating or damaging the data, thus gaining an informational advantage.
Microsoft's Threat Intelligence Center (MSTIC) published an article in January 2022 stating that the destructive malware was found in the systems of several Ukrainian authorities, thus deleting crucial data. This shows that Russia had already hacked Ukrainian IT even before the physical damage began. Therefore, Microsoft is trying to sensitize the population in the place of war and the other European states against cyber-attacks. Furthermore, Microsoft is developing countermeasures to prevent future attacks.
Recent events show the meaning of cyber security, which is especially relevant today. Many critics of the transatlantic agreement between the USA and the EU, mainly of German nationality, are convinced that the investment partnership agreement could lower German and European data protection and IT standards. The paper will contradict this hypothesis in the next section with well-founded literature from the CATO Institute, the European Parliament, and global statistics. The EU-US Trade and Technology Council also provided a statement on this subject. First of all, they are aware that data protection, in particular, is a controversial issue. The negotiations showed that the "common values" point about human rights and fundamental freedoms is at the top of the agenda. However, concrete handling of the data protection issue has yet to be discovered. This is the reason for the doubts. The President of the Commission confirmed that the right to privacy and personal data protection are fundamental rights and, therefore, non-negotiable. Since the data protection laws and the respective EU regulations are not affected, for this reason, the doubts are groundless. The Trade and Technology Council (TTC) provides an opportunity to ensure joint technology policy management. The TTC's activities include promoting innovation and research in the technological field, guaranteeing a functioning Internet, optimizing the digital infrastructure by collaborating on new approaches, and overcoming the cybersecurity challenge.
Chapter Summaries
Introduction: The author sets out the research question, the security context, and the sources used to examine TTIP.
Policy: This chapter discusses transparency in the negotiations, European parliamentary involvement, and the debate over investor-state dispute settlement.
Health Standards and Food Safety: The author considers concerns about regulatory standards and discusses medical cooperation, food safety, and the BioNTech-Pfizer vaccine example.
IT and Cyber-Security: This chapter examines cybersecurity and data protection concerns, transatlantic technology cooperation, and selected national cybersecurity rankings.
Financial Security: The discussion addresses financial regulation, investor protection, and forecasts concerning income and GDP.
Energy Security: The author considers European energy import dependence and the potential role of US energy supplies.
Military Defense: This chapter discusses geopolitical threats, NATO, and the proposed relationship between economic cooperation and defense.
Results: The concluding chapter answers the research question and brings together the author's assessment of the six policy areas.
Keywords
TTIP, transatlantic trade, European Union, United States, trade policy, regulatory cooperation, food safety, health standards, cybersecurity, financial security, energy security, military defense, NATO, investor-state dispute settlement
Frequently Asked Questions
What is the work about?
It examines the proposed EU-US Transatlantic Trade and Investment Partnership and its potential implications beyond trade, particularly for policy, security, and defense.
What are the main topics?
The work covers political transparency, health and food standards, cybersecurity, financial security, energy security, and military defense.
What is the central research question?
The author asks what positive impact TTIP has on policy, defense, and security.
What research method does the author use?
The project analyzes selected literature, institutional publications, news articles, official statistics, and national indices. It does not describe an original survey or interview study.
What does the main body discuss?
It considers criticisms and potential benefits of TTIP across six areas, from political decision-making and health standards to energy and defense.
Which keywords characterize the work?
Key terms include TTIP, regulatory cooperation, cybersecurity, food safety, energy security, military defense, and investor-state dispute settlement.
How does the work address investor-state dispute settlement?
It describes objections to the mechanism, the European Commission's public consultation, and proposals for a different dispute-settlement system.
Why does the author discuss the BioNTech-Pfizer vaccine?
The vaccine is presented as an example of cooperation between German and US pharmaceutical companies in the discussion of health standards.
How does the work connect TTIP with NATO?
The military defense chapter considers the argument that economic cooperation through TTIP could complement NATO's security role.
- Quote paper
- Jessica Niedermeier (Author), 2023, Transatlantic Trade and Investment Partnership. TTIP's role in terms of politics, security, and defense, Munich, GRIN Verlag, https://www.grin.com/document/1443225