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Medical devices in TTIPThe Transatlantic Trade and Investment Partnership, for short TTIP, has provoked considerable discussion of both its merits and drawbacks. Although rarely mentioned in the public arena, the medical devices sector deserves closer attention. The sector is significant, with the US constituting the world's largest market and a current trade deficit of 1.9 $ on the part of the EU.
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The Third Layer of EU-lawEuropean law is made up of several layers. The body of EU law (the acquis communautaire) consists of primary law (the Treaties agreed among EU-Member States), secondary law (mostly Regulations and Directives adopted by the European Parliament and the Council) and tertiary law: delegated acts and implementing acts adopted by the European Commission. |