News from the Institute for International Trade
Trade & Investment in Services Associates (TIISA) held its first annual conference at the World Trade Institute at the University of Bern in Switzerland on 20-21 September 2019. Researchers from six of the partner institutions presented papers around the theme Trade in Services by Mode of Supply. The conference also included papers from staff of the WTO, the OECD and the US Federal Reserve highlighting major new advances in data on services trade as well as services research from those institutions.
Hosted by the Jean Monnet Centre of Excellence, on 13 September 2019. Participants investigated why the time is opportune by examining the evolution of EU and Australian trade policies and situating this evolution in the twenty-first century world trading system.
Professor Andreas Freytag
FSU Jena, University of Stellenbosch, CESifo Research Network, and STIAS
September 13th, 2019
Since his inauguration in late July 2019, Prime Minister Boris Johnson has not missed a single opportunity to push himself into the international limelight and provoke controversial reactions in Britain and elsewhere. The tentative climax of the Johnson show was his forced prorogue of the British House of Commons a few weeks before Britain's final exit from the European Union (EU).
Speaking at IIT's recent ‘Rethinking Trade Architecture’ conference held at The Intercontinental Hotel on 10 September, Deputy Director-General Alan Wolff reflected on the current challenges facing the world trading system and what the system might look like in the year 2050. He foresaw that the system will continue to be tested but it will endure and improvements will be made to make it “effective with respect to all aspects of global needs, not least economic development”. To read his full speech click here
Annual Conference on EU-Australian relations. Held at John Hopkins University Bolgona 1st October 2018 and at University of Adelaide 13 September 2019
Jim Redden Visiting Fellow Institute for International Trade
Over the three day review, I was involved in a significant number of the workshops and plenaries, and held meetings with donors and recipient partners of Aid for Trade (AfT) gaining insights into a range of themes and issues that have emerged as high priorities for the next 2-3 years. Below I have attempted to summarise a number of those priorities.
Mike Humphrey - Senior Trade Advisor IIT - As most international-trade observers are aware, debate is currently raging about the World Trade Organization’s relevance and role, its need for organisational reform, and the lack of progress in the Doha Round. Special and differential treatment (S&DT) provisions are an important component of this wider debate, and particularly the question of which countries should benefit from them—an issue intimately tied to the matter of self-designation.
In a world of disruptors and “virtual” globalization, how should we prepare and respond to “future-proof” jobs and hard-won prosperity? Who will be the winners, and who the losers? What strategies may be implemented to harness the major economic forces shaping the global future, address a resultant rise in inequality, and populism, and focus on issues including the social value of work.
Dr Paula Zito, PhD, The University of Adelaide
This week in Brussels, Australia and the European Union (EU) embark on the fourth round of negotiations relating to the Australia-European Union Free Trade Agreement (AUSEUFTA). The preceding three rounds of negotiations have highlighted the importance of food Geographical Indication (GI) protection in trade relationships and negotiations and food GI protection has become a topical issue of the negotiations between Australia and the EU.
On 18-21 June 2019, Richard Pomfret gave an intensive seminar to PhD students in Tashkent on Economic Development, Trade and Value Chains, focusing on potential for future trade between Central Asia and the EU.