trade

  • International Trade by the People, for the People

    International Trade by the People, for the People0

    Inequality is rising, wages are declining, local businesses are dying, and poverty remains; resources are being exhausted and climate change is destroying ecosystems whilst increasing the magnitude of natural disasters. Meanwhile, international trade deals that exasperate all of these problems continue to be agreed behind closed doors. In the name of profit, power and domination, the world’s rich elite continue to ensure our planet’s resources and wealth remain monopolised in their hands whilst presenting us with a glossy façade of global trade deals as essential for our prosperity. It is against this backdrop that voices have been raised in Malaysia, demanding trade agreements incorporate a radical, pro-people, pro-environment ‘people’s charter’.

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  • 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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