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result(s) for
"COMMON TRADE POLICY"
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New Generation EU Agreements – The Basis for Future World Trade
by
Nováčková, Daniela
,
Bajzíková, Ľubica
,
Paškrtová, Lucia
in
Agreements
,
Business Economy / Management
,
Climate change
2024
International trade agreements contribute to the development of international trade and services. The European Union is currently modernizing the system and structure of international agreements related to international trade, investment and services. The aim of the scientific study is to clarify and identify the characteristic features of the agreements of new generation that are concluded between the European Union and non-EU member states. Based on the facts, we can confirm that trade policy supports, among others, values such as the protection of human rights, the protection of labor rights, the environment and the fight against climate change. Such an approach of the European Union to the liberalization of world trade through comprehensive trade agreements is also supported by the strategy of the European Commission „Trade for All”.
Journal Article
A Possible Exit Strategy from the ‘Halloumi Affair’: How to Solve Problems with CETA Ratification
2022
This article explores the importance of geographical indications within the new trade policy of the European Union, using the example of the CETA and the dispute over Cypriot halloumi cheese. The authors point out that geographical indications occupy an important place within the European Commission’s negotiating strategy primarily because of their significance for the EU economy. In negotiations with third countries, such as Canada, a crucial problem is the different approaches to the protection of typical regional products. Therefore, the Union is trying to transfer its internal solutions to the international level. The detail of regulations, combined with the mixed nature of new trade agreements, makes trade policy vulnerable to blackmail by individual EU Member States. According to the authors, a reasonable solution to this problem – which was highlighted by Cyprus’s veto of the CETA – is to rely on the treaty provisions and the judgements of the Court of Justice of the EU. These indicate the exclusive competence of the EU in this area and impose an obligation on EU Member States to cooperate sincerely.
Journal Article
Golden growth : restoring the lustre of the European economic model
2012,2011
Europe's growth will have to be golden in yet another sense. Economic prosperity has brought to Europeans the gift of longer lives, and the continent's population has aged a lot over the last five decades. Over the next five, it will age even more by 2060; almost a third of Europeans will be older than 65 years. Europe will have to rebuild its structures to make fuller use of the energies and experience of its more mature population's people in their golden years. These desires and developments already make the European growth model distinct. Keeping to the discipline of the golden rule would make it distinguished. This report shows how Europeans have organized the six principal economic activities trade, finance, enterprise, innovation, labor, and government in unique ways. But policies in parts of Europe do not recognize the imperatives of demographic maturity and clash with growth's golden rule. Conforming growth across the continent to Europe's ideals and the iron laws of economics will require difficult decisions. This report was written to inform them. Its findings the changes needed to make trade and finance will not be as hard as those to improve enterprise and innovation; these in turn are not as arduous and urgent as the changes needed to restructure labor and government. Its message the remedies are not out of reach for a part of the world that has proven itself both intrepid and inclusive.
New generation of investment agreements in the regime of the European Union
2022
The judgment of the Court of Justice of the European Union as of 6 March 2018 in Case C-284/16 changed the system and coordination of investment relations of the Member States of the European Union. The judgment set a fundamental precedent that changed the system of international investment law and placed the investment arbitration, conducted due to bilateral investment agreements between the EU and the Member States. The aim of the scientific study is to point to the new generation of the EU investment agreements which, in accordance with their importance, will influence the development of international investment relations between EU Member States and non-member countries of the world. The study was elaborated on the analysis of the rules of legal logic, systematics, accuracy and the generalization of conclusions. The analysis and interpretation of obtained results have proved that the traditional system of international investment agreements is being changed. A new model is emerging in the regime of investment agreement of the European Union.
Journal Article
Accelerating trade and integration in the Caribbean : policy options for sustained growth, job creation, and poverty reduction
by
Caribbean Forum
,
Moreira, Emmanuel Pinto
,
Organization of American States
in
AGGREGATE EXPORTS
,
AGREEMENT ON TRADE
,
AGRICULTURAL PRODUCTS
2009
Unlocking Caribbean Trade Potential: Policy Options for Growth and Poverty Reduction
Is the Caribbean ready to thrive in the global market? This World Bank Country Study offers a comprehensive analysis of trade and integration challenges and opportunities in the Caribbean, providing policy options for sustained growth, job creation, and poverty reduction.
Explore strategies for:
* Accelerating trade integration and improving competitiveness
* Addressing macroeconomic and structural constraints
* Leveraging the Economic Partnership Agreement (EPA)
* Capitalizing on a changing international environment
For policymakers, economists, and development practitioners seeking actionable insights to shape a more prosperous Caribbean future.
Reading EU trade policy from a multilateral perspective
by
Patricia Garcia-Duran
,
Montserrat Millet
in
bilateralism
,
common trade policy
,
multilateralism
2014
This article analyses whether the shift in EU trade strategy in the 21st century towards bilateralism is in conflict with its objective of promoting effective multilateralism. It demonstrates that the emergence of new powers in the trade sphere has produced a breach in the historical structure of international trade that puts the World Trade Organization’s capacity to achieve its mission of trade liberalisation at risk. Within this framework, EU bilateralism may be read differently depending on how the EU’s attitude to the BIC (Brazil, India, China) as new powers in the field of trade is interpreted. If it tends towards accommodation, its bilateralism may be read in a multilateralist light.
Journal Article
EURO – ADVANTAGES AND DISADVANTAGES
by
Mursa, Gabriel
in
common currency
,
common currency; monetary policy; specialization; trade
,
Economy
2014
The adoption of a single currency was considered one of the most important successes of the effort to unify the countries of the European Union. Obviously, a common currency has indisputable advantages, the most important being that of stimulating trade in countries that have joined the Eurozone. Meanwhile, the euro has several disadvantages, the most important being that the excessive centralization of monetary policy in the European Union. Moreover, the introduction of a single currency generated some disadvantages, which to some extent can be considered drawbacks in terms of efficiency of resource allocation in the European Union countries.
Journal Article
Mixity in EU Foreign Trade Policy Is Here to Stay: Advocate General Sharpston on the Allocation of Competence for the Conclusion of the EU-Singapore Free Trade Agreement
It has been two decades since the Court of Justice had the chance to comprehensively assess the scope of the common commercial policy. In Opinion 2/15 on the EU-Singapore free trade agreement (FTA) the Court is now asked to determine how far the EU's external competence stretches post-Lisbon. Ahead of the decision, AG Sharpston has recently rendered her legal view on the question of whether the EU is endowed with exclusive competence to conclude the EU-Singapore FTA, or whether and to what extent the requisite competences are shared or remain exclusively with the Member States. Unsurprisingly, the AG concludes that the agreement in its entirety is not covered by exclusive competence. Particularly, transport services and non-commercial aspects of intellectual property, but also foreign investment other than direct investment remains the territory of shared competence. Furthermore, the EU enjoys no competence to terminate existing bilateral agreements between Member States and Singapore. Its conclusion as a mixed agreement is therefore mandatory. Indeed, the EU-Singapore trade deal is paradigmatic of the new generation of EU deep and comprehensive FTAs, and the Court's decision is thus likely to have broader ramifications for other on going and recently finalized negotiations. Should the Court follow the AG, mixity in EU foreign trade policy is everything but a thing of the past.
Journal Article