News: E-Commerce | Digital Trade
Markus Jelitto is Counsellor at the Services Trade Division, WTO Secretariat, Geneva.
Services Trade has been growing continuously over the past three decades and was worth USD 13.3 trillion in 2017. Services value added accounts for almost half of all world trade (goods and services combined). Despite these impressive figures, the 2019 WTO World Trade Report finds that costs of trading services are about twice as high as trade cost for goods. A significant portion of these costs are attributable to regulatory divergence, as well as opaque regulations and cumbersome procedures. Through the development of disciplines on services domestic regulation, a group of currently 63 WTO members has set out to address these cost factors.
IIT Monthly Newsletter - March 2021. This edition of our monthly newsletter contains a rich set of insights into the challenges confronting the world trading system. Australia, being a middle power with extensive trade interests, has a strong stake in how they are addressed.
IIT Monthly Newsletter - February 2021
In this months edition of our newsletter we publish articles by Dr Pascal Kerneis - Managing Director of the European Services Forum, Brussels. Pascal discusses the EU-China negotiations for a Comprehensive Agreement on Investment (CAI), What could this agreement bring to European service businesses? Patrick Low, formerly WTO Chief Economist, canvasses the emerging battle lines concerning taxation of digital services.
The EU-China Investment Deal: Perspectives of the European services sectors on new opportunities in the world’s second largest economy
Dr Pascal Kerneis is Managing Director of the European Services Forum, Brussels.
On 30 December 2020, the European Union and China have concluded in principle the negotiations for a Comprehensive Agreement on Investment (CAI). What could this agreement bring to European service businesses?
Ken Ash, Independent Consultant, IIT Visiting Fellow, and former OECD Director of Trade and Agriculture.
The COVID-19 pandemic emerged in a world characterized by high trade tensions and considerable inertia across the multilateral trading system. A number of countries were moving towards plurilateral, regional and bilateral trade arrangements, and some governments were already beginning to explore ways in which they might more actively shape domestic economic activity.
The Institute for International Trade partnered with the Trade and Investment Research Network to deliver an informative webinar with our distinguished panel for a substantive discussion on the G20's role in reforming industrial subsidies. ‘What is the G20's role in reforming industrial subsidies?’ was the central question assessed by a panel of distinguished trade experts during this recent webinar.
Richard Pomfret, Professor of Economics & Jean Monnet Chair Economics of European Integration, the University of Adelaide.
On 17 September Jean Monnet Chair Richard Pomfret participated in an online discussion on Potential Benefits Of An Australia-Uk Free Trade Agreement with Elisabeth Bowes, Chief Negotiator, Regional Trade Agreements Division, Department of Foreign Affairs and Trade, and Vivien Life, Director Asia and Australasia Negotiations within the UK Department for International Trade. The webinar was chaired by Peter Draper, Executive Director of the Institute for International Trade at The University of Adelaide.
Online Conference November 25, 2020 on Zoom Co-hosted by AI-Econ Lab, Örebro University, Sweden; partner Ratio and the Trade & Investment in Services (TIISA) Network. An online interdisciplinary conference on the use of artificial intelligence in white collar work and implications for the labour market. Now requesting call for papers.
Geneva Trade Week; Sept 28 - 2 Oct 2020. On behalf of the Australian Services Roundtable, TIISA Network Director Jane Drake-Brockman moderated the opening session in the Digital Trade stream on Monday 28 September.
Jane Drake-Brockman is Industry Professor with the Institute for International Trade and Founder of the Australian Services Roundtable, which in 2020 celebrates its 20th anniversary.
Measurement of trade in services is notoriously difficult. The official statistics on imports and exports contained in the Balance of Payments (BOP) are well known, for example, as measuring poorly at best only three of the four modes of international supply of services.
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