Home
We bring together leading academics, experienced trade practitioners and negotiators to address key challenges faced by businesses and governments seeking to expand trade and investment opportunities across the globe.
Research
Our research spans the Asia Pacific, Central Asia, South East Asia, Europe, Africa and Latin America with a particular focus on developing economies.
Study
We are experienced in facilitating cohort engagement through professional linkages with government, business and international networks, and delivering applied outcomes.
Consulting
Drawing on our extensive network of distinguished researches and experienced trade practitioners, IIT brings together discipline knowledge and practical expertise to conduct research.
Featured news
Countertrade in Modern Geoeconomics: A Study of Indonesia and the Eurasian Economic Union
WORKING PAPER 21: This working paper examines the resurgence of countertrade—an exchange of goods and services without immediate monetary payment—as a strategic economic mechanism within modern geoeconomic contexts, specifically focusing on Indonesia and the Eurasian Economic Union (EAEU). Historically prominent during periods of economic isolation or liquidity constraints, countertrade is now re-emerging amid rising geopolitical tensions and financial uncertainties, serving as a tool for economic resilience and strategic autonomy. The paper investigates Indonesia’s past experiences with countertrade, primarily in defense procurement, and evaluates scenarios for potential future engagement under a proposed Indonesia-EAEU Free Trade Agreement. Using theoretical firm-level analysis, it distinguishes how different Indonesian firm categories—super-large conglomerates, large enterprises, and small and medium-sized enterprises (SMEs)—could benefit from or face challenges in adopting countertrade. Findings suggest that, despite theoretical benefits like reduced currency risk and strategic resource access, practical implementation is complex and cost-intensive, making it most suitable for larger, resource-rich firms capable of navigating these complexities.
Read more about A Study of Indonesia and the Eurasian Economic Union
POLICY AND ENGAGEMENT
IIT is a global leader in researching, analysing and commenting on International Trade.
Jean Monnet Network
Funded under the EU Erasmus Plus Program, the Jean Monnet Network funds teaching and research on EU policies and fosters dialogue between academics, decision-makers and civil society actors around the world.
Centre of Excellence in Trade & Environment Jean Monnet Chair in Trade & Environment