TTIP and TPP: Where are the BRICs?

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Shutting Out the BRICs?   …  TTIP and TPP

Mar 27, 2013

by Justine Doodyeuusbridgeshutte

In March 2013, the European Union and the United States of America launched negotiations on a

  • transatlantic trade and investment partnership (TTIP)… At the same time, the US is pursuing a free trade agreement in the Pacific
  • Trans-Pacific Partnership (TPP). This Trans-Pacific Partnership would include the US, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

From both these agreements, one bloc is conspicuously missing. Where are the countries that have been such an important part of the global economic narrative for more than ten years now

 where are the BRICs?

 The Bertelsmann Foundation’s Global Economic Dynamics Visualizer tool (GED VIZ) offers a way of viewing trade flows year-on-year between different countries and blocs. Slides 1 and 2 show that the

  • EU’s trade relationship with…

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