The EU-US Free Trade Agreement: Bad Prospects for the Global South
Summary
The author contends that the TTIP will harm the Global South through the diversion of trade flows and the imposition of EU-US standards on other nations. Mexico is highlighted as particularly vulnerable, specifically in its garment industry. The text suggests the agreement is a strategic attempt by the US and EU to bolster their diminishing economic influence and sideline the BRICS nations, potentially undermining the multilateral trading system in favor of a non-transparent, power-driven trade regime.
Key insights
- The TTIP is expected to negatively affect the Global South primarily through the diversion of trade flows and the bilateral establishment of global standards.
- Mexico is identified as the economy that will suffer most from the TTIP due to its close trade ties with both the EU and US; specifically, the Mexican garment industry may face increased competition from Europe if tariffs are lowered for EU products.
- A trade deal could increase US citrus fruit exports to the EU, which would force current exporters such as South Africa, Egypt, and Morocco to seek new markets.
- The EU and US are using the TTIP to strengthen their declining economic positions by creating a trade regime that forces its regulations and standards on other countries, serving as a template for future agreements.
- The combination of a TPP-TTIP trade zone could marginalize BRICS countries (Brazil, Russia, India, China, and South Africa), forcing them to either accept existing trade conditions or form opposing blocs.
Cite the original document
- APA
- Keller, F. D. S. (2013). The EU-US Free Trade Agreement: Bad Prospects for the Global South. Green European Journal. https://www.greeneuropeanjournal.eu/the-eu-us-free-trade-agreement-bad-prospects-for-the-global-south/
- Chicago
- Keller, Franza Drechsel, Ska. The EU-US Free Trade Agreement: Bad Prospects for the Global South. Green European Journal, 2013. https://www.greeneuropeanjournal.eu/the-eu-us-free-trade-agreement-bad-prospects-for-the-global-south/.
- Wikipedia
- {{cite press release |last1=Keller |first1=Franza Drechsel, Ska |title=The EU-US Free Trade Agreement: Bad Prospects for the Global South |publisher=Green European Journal |date=24 July 2013 |url=https://www.greeneuropeanjournal.eu/the-eu-us-free-trade-agreement-bad-prospects-for-the-global-south/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{keller2013euus, author = {Keller, Franza Drechsel, Ska}, title = {{The EU-US Free Trade Agreement: Bad Prospects for the Global South}}, publisher = {Green European Journal}, year = {2013}, month = jul, url = {https://www.greeneuropeanjournal.eu/the-eu-us-free-trade-agreement-bad-prospects-for-the-global-south/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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