25 febrero, 2015
It’s been a few months we hear about the Transatlantic treaty and negotiations are at stake but many people wonder if this treaty is good for the European Union.
The creation of a single European economic space based on a common market was at the outset, the key objective of the Treaty of Rome. By establishing a common market and progressively approximating the economic policies of the Member States, the Community aims to promote harmonious development of economic activities. But, these things can be transformed with the arrival of several reforms about the Transatlantic Treaty. It is a treaty of free trade currently still in negotiation since July 2013 between the European Union and the United States. It aims to lower customs duty but no only, it also regularizes trade barriers. This treaty is the subject of many critics, we think that it is not appropriate for the European market and it is very difficult to understand the treaty as a whole.
Indeed, little understanding on the part of several experts about this treaty could remind us the debates of the European constitution. In our time, when euroscepticism increases, the transatlantic treaty is not adequate because it can favor the ascent of the populism. So, the Europeans will feel betrayed and the European elites will be denounced because they are always the ones who make the decisions. This is what happens in Greece with the election of Alexis Tsipras, member of the radical left coalition known as Syriza.
Moreover, the idea of opening a new market between us and European Union is very present. But the question is to know if it is really useful, and if it is going to be a success. The process of creating a new market and creating a new area is already complicated in Europe. For the first time, the European Union has to face an economic crisis. This idea of a united continent is already hard to achieve, and maybe this treaty of the European Union with another continent. Before having negotiations with the US, Europe has to solve its own problem if we cannot be sure that there are no inconvenient to this treaty.
To finish, there is a risk modify, but also to deregulate the economies of the two continents, and especially Europe. These continents don’t have the same economic model. Lots of experts put forward that this treaty was influenced by the big companies. It will allow big corporations to sue governments before secretive arbitration panels composed of corporate lawyers. We can observe this phenomenon in Australia, the country is sued by the company PhilipMorris. This idea of “secretive” is very risky for the European Union. It is already a complex economic system, and it would be dangerous to make it more opaque.
In conclusion, the Transatlantic treaty is not good for Europe because it will foster euroscepticism, the situation may become even more critical and companies will have powers that can be dangerous for consumers.