International Trade

  • Are we moving forward? – A new-generation of trade agreements for the EU

    Are we moving forward? – A new-generation of trade agreements for the EU0

    A reform of trade and investment agreements has been undergoing over the past ten years. While these agreements used to focus solely on facilitating the movement of goods and capitals, their scope is wider today and covers contemporary issues. The European trade policy also evolved and gave birth to a new-generation of free-trade agreements such as the ones concluded with Singapore, Canada or Vietnam. Several factors drove this wave of reform towards a more comprehensive approach to trade and should lead to further improvements.

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  • Japan-EU trade deal: an uneven road ahead for EU car manufacturers?

    Japan-EU trade deal: an uneven road ahead for EU car manufacturers?1

    The Japan-EU Economic Partnership Agreement (JEEPA) is especially beneficial for the Japanese car industry as it reduces tariff barriers on car imports from Japan. This new deal reinforces Japan’s trade strength in the car industry and asserts their growing dominance in the sector. The flip side of the deal ‘coining’ reveals two interesting aspects. One, in exchange of tariff reduction for Japanese cars, the EU will obtain tariff reductions mainly on its agricultural exports to Japan; more significantly on cheese. Two, the EU automobile market is offering a larger latitude to a country which is already a daunting competitor in the sector. Is the deal sending the EU on an uneven road?

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  • Brexit and the single market: Norway or No way

    Brexit and the single market: Norway or No way0

    After recent declarations by Theresa May and David Davis, the UK’s conservative government seems to be convinced that a “hard” Brexit is the best option for the country. Discussions with the EU over the UK’s participation in the single market seem to have been halted and the Norwegian European model rejected. This is terrible news for UK trade and especially for the services sector which is the UK’s most important trading sector, with a trade surplus equating to 5% of the national income (about $138 billion).

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