Transatlantic Cooperation Regarding China

In this research work, Author focus on the analysis of the transatlantic cooperation regarding China. In
the recently launched Transatlantic Trade and Investment Partnership (TTIP) negotiations between
the USA and the European Union, it has been emphasized that the talks will make reducing regulatory
barriers a signature issue. The emphasis on tackling these barriers has generated some excitement,
with large figures being offered as estimates of the resulting economic gains. New agreements to
remove trade barriers aim at reducing dead-weight costs and at increasing net social gains from
international trade. This article examines the problem of regulatory barriers and offers an assessment
of what can be achieved. Ideally, the best way to address problems arising from regulatory divergence
would be on a multilateral basis also with take into account the relations EU and USA with China. The
main aim of the paper is presentation important problems of transatlantic cooperation regarding
China. The particulary objective of the research task are the regulatory trade barriers in USA - EU
foreign trade policy, the nature and the promoters of the Transatlantic Trade and Investment
Partnership (TTIP), interrelationship between regulatory standards and international cooperation in
the TTIP, TTIP impact for China.