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As of tomorrow, negotiators will meet in Geneva for the 18th round of negotiations for a Trade in Services Agreement (TiSA). This little-known trade deal is about everything from phone-calls to making payments, ordering goods online, international flights and more. It is therefore vital that civil society can give constructive feedback on the negotiations. This is currently next to impossible, due to a lack of publicly available texts.
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Today, the European Commission published the results of a study it commissioned on the EU-US trade negotiations which showed that TTIP would lead to average price increases of 0.3%, whereas household income would increase between 0.2 and 0.4%. The study is an interim version of its ‘Sustainable Impact Assessment’ which analyses the economic, social and environmental impacts of ongoing TTIP negotiations.