The Perspective of Reduction Regulatory Protectionism in Transatlantic Cooperation between European Union and USA

In this research work, Author focus on the analysis the perspective of reduction regulatory
protectionism in transatlantic cooperation between European Union and USA. It has been
emphasized that the talks between EU and USA will make reducing regulatory barriers. New
agreements to remove trade barriers aim at reducing dead-weight costs and at increasing net social
gains from international trade. The article examined the impact of free trade agreements like TTIP
and, in particular, investor-state dispute resolution mechanisms in reducing the power of national
governments to regulate and elimination of market inequality. The article offers examples of
successful regulatory cooperation efforts in the hope that it will shed light on possible approaches to
addressing regulatory divergences. Ideally, the best way to address problems arising from regulatory
divergence would be on a multilateral basis also with take into account the relations of the EU and
USA with others countries. The main aim of the article is presentation of the challenges for TTIP
negotiations. 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 reduction regulatory protectionism in
transatlantic cooperation between European Union and USA, interrelationship between regulatory
standards and international cooperation between European Union and USA. The general theoretical
approach will be of broad interest to economists interested in international questions especially
transatlantic cooperation as well as to political scientists. The main method applied in this research
was a method of scientific study. It was used the institutional method, comparative method, the
documentation method and statistical methods. Additionally, it used also, the methods of deductive
forecasting.