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TTIP The Dutch government’s view by Henk Riphagen Agricultural economist 23 mei 2017 Is RICARDO dead? • Advantages of international trade are indisputable, Dutch wealth is based on our trade • History of EU common market: a huge free trade zone • Standards should be respected, especially on environment, labour conditions, animal welfare>>>they express regional or national preferences 2 Ministerie van Economische Zaken 23 mei 2017 3 Ministerie van Economische Zaken 23 mei 2017 Structure of the bilateral agro-food trade flows 4 Ministerie van Economische Zaken 23 mei 2017 Benchmarking of our competitive position 5 Ministerie van Economische Zaken 23 mei 2017 Costs and benefits? • Mutual US-EU trade € 800 billion yearly • EU GDP could increase with € 120 billion • Dutch GDP plus € 1.4 to 4.1 billion (Ecorys) • Agricultural gains in dairy exports, more competition in meat • Non-tariff measures (NTM’s) are the centerpiece of negotiations • No concessions on hormones, gmo’s or animal welfare standards! 6 Ministerie van Economische Zaken 23 mei 2017