bilateralism & multilateralism
ACP countries cannot continue with the EPAs agenda as if the failed WTO talks are irrelevant to the EPAs context. An option would be to take advantage of the proposed review of the Cotonou Agreement upon which the EPAs negotiations are based. ACP countries should not wait for the EU to do this for them.
While much attention focuses on international trade negotiations, developing countries also introduce trade reforms nationally as part of World-Bank supported economic adjustment programmes.
China will not shy away from using bilateral or regional free trade agreements to facilitate trade, the Ministry of Commerce said on Friday. The remarks came after WTO chief Pascal Lamy warned that China’s pursuit of separate bilateral and regional free trade agreements would harm its long-term commercial interests.
China has voiced its concern over increasing trade protectionism by its counterparts, which it sees as the main threat to its competitiveness in the world market.
With the World Trade talks in limbo, the focus remains on aggressively pushing on the bilateral front. What could not be achieved through a multilateral trade regime, is now being pursued by the US through bilateral and regional deals. Devinder Sharma connects the dots.
Bilateral trade deals are not in the interests of anyone, EU President Finland said on Friday, in the first public criticism of European Commission plans to seek one-on-one pacts with Asian countries.
Imbalances related to China’s foreign exchange policies cannot be addressed by China alone and require an international effort, Supachai Panitchpakdi, head of the United Nations Conference on Trade and Development (UNCTAD) said.
WTO chief Pascal Lamy on Wednesday warned that China’s pursuit of separate bilateral and regional free trade agreements would harm its long-term commercial interests.
Minister Mentor Lee Kuan Yew has explained that Singapore’s free trade agreements with the countries it has sealed with so far are a stand by if the Doha round of multilateral talks does not succeed.
The leader of the UK’s main opposition Conservative Party, David Cameron, has proposed the idea of an EU-Indian free trade pact if the Doha round of global trade talks fails.
The deadlock of the WTO is good news for the people and the movements that have been opposing its policies for years and an opportunity to put forward our alternative agenda. At the same time we have to give more attention to the Free Trade Agreements negotiated between countries or regions.
A plethora of Asian beggar-thy-neighbor agreements threatens to throttle global trade in the name of trying to save it.
The growing proliferation of economic integration investment agreements (EIIAs) has led to a multilayered and multifaceted web of investment rules.
The controversy over the impact of bilateral trade agreements on public health poses particular difficulties for the Geneva-based WHO, which is gearing up for the highly political election of a new director-general.
The US government’s announcement that it will review the possibility of limiting, suspending, or withdrawing trade preferences under the General System of Preferences (GSP) to three Latin American countries—Argentina, Brazil, and Venezuela—is political pressure to make these nations participate in the model of regional integration proposed by the United States.
Le Sénégal ne voit plus, semble-t-il, le besoin de poursuivre les négociations commerciales internationales si les choses n’évoluent pas.
US enterprises are chafing at the bit to get into Vietnam, yet many business heads are concerned that if Congress does not establish permanent normal trade relations (PNTR) with their former foe, then firms from other countries will have a trade advantage.
The World Cup of soccer wrapped up last month on an uncertain note. The unfortunate incident between French star Zinedine Zidane and Italian Marco Materazzi left an unsavory taste in the mouths of spectators worldwide. But there was probably a more significant though less closely watched international competition going on that month which may have resulted in all nations losing out.
In the wake of the collapse of the Doha talks in the World Trade Organization (WTO), negotiations for the Philippines to enter into an Asia-Pacific free trade agreement (FTA) have become more urgent for industrialized countries. But independent think-tank IBON Foundation warns that entering into an FTA could be even more dangerous than liberalization under the WTO.
FTAs are supposedly meant to substitute for lack of progress at the WTO. In practice they are mostly preferential arrangements that run counter to APEC’s principle of "open regionalism," which allows members to pursue liberalization at their own pace but on a nondiscriminatory basis.