News: Featured

Chasing The Windmill: What is wrong with the US approach on developing country status

International Negotiations

Professor Xiankun LU is former senior trade diplomat of China to the WTO and now Managing Director of the consulting firm LEDECO Geneva.
The polarized positions in the WTO, particularly between the US and China, on developing country status and ‘special and differential treatment’ (S&D), makes it not only difficult to find a solution on this issue, but also impossible to foresee solutions on other issues demanding WTO reform. 

[Read more about Chasing The Windmill: What is wrong with the US approach on developing country status]

Putting “Values” into Value Chains in an Era of System Rivalry

Value Chains Op-Ed

Naoise McDonagh, Lecturer in Political Economy, Institute for International Trade.
The EU and U.S. have a history of using trade agreements to project their value-systems on trading partners. The EU is forthright about this goal, stating: “projecting our rules and values in trade agreements helps the EU shape globalisation, especially on issues like human rights, working conditions and environmental protection”

[Read more about Putting “Values” into Value Chains in an Era of System Rivalry]

With a new Director General, can the WTO become a force for progress again?

WTO

Andreas Freytag, Professor and Chair of Economic Policy, Friedrich Schiller University, Jena and Visiting Professor with IIT
Six months after the resignation of Roberto Azevédo the World Trade Organization (WTO) finally has a new leader. With Dr. Ngozi Okonjo-Iweala, the WTO is breaking new ground twice: for the first time in WTO history a woman is the Director-General, and for the first time the WTO is headed by an African woman.

[Read more about With a new Director General, can the WTO become a force for progress again?]

Morphing Risks to Australia’s Goods Trade with China

Boat in water

At the start of 2020, the US-China Economic and Trade Agreement (the Phase One Agreement or Agreement) captured the attention of Australian policy makers and business. China had agreed to substantially increase goods imports from the United States in 2020 and 2021 and to accept certain US standards and conformity assessment procedures to assist US companies to access Chinese agricultural markets.
 

[Read more about Morphing Risks to Australia’s Goods Trade with China]

Cold War 2.0: Implications for Middle Powers

US

Carlos A. Primo Braga is an Adjunct Professor, Fundação Dom Cabral, Brazil. 
The commercial and geopolitical conflict between China and the United States is unlikely to abate in the coming years. This brief discusses the contours of recent geopolitical history in order to contextualize the nature of this new “Cold War” between the two superpowers. 

[Read more about Cold War 2.0: Implications for Middle Powers ]

Putting the Comprehensive Agreement on Investment (CAI) into perspective: Five key points

city scape view

Bryan Mercurio is Simon F.S. Li Professor of Law at the Chinese University of Hong Kong.  On 30 December 2020, the European Union (EU) and China ‘in principle’ concluded  negotiations on a Comprehensive Agreement on Investment (CAI). The European Commission published the text of the CAI on 22 January 2021. The agreement has been welcomed by the business community but criticised by civil society and the United States (US).

[Read more about Putting the Comprehensive Agreement on Investment (CAI) into perspective: Five key points]

The EU-China Investment Deal: Perspectives of the European services sectors on new opportunities in the world’s second largest economy

EU Flag

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?

[Read more about The EU-China Investment Deal: Perspectives of the European services sectors on new opportunities in the world’s second largest economy]

Global Food Systems: Fit for the Future?

Global Food Systems

Ken Ash is an Independent Consultant, IIT Visiting Fellow, and former OECD Director of Trade and Agriculture.
Well-functioning global food systems matter, to all of usGlobal food systems perform well overall, and today provide more safe, nutritious, and affordable food per capita than ever before. At the same time, over 800 million people are undernourished and a higher number are overweight.

[Read more about Global Food Systems: Fit for the Future?]

Pacific Trade Agreement Opens Door for Travel Bubble and Rule of Law

Pacific Trade Opens door for travel bubble

Jim Redden; Director, Economic Development Services Ltd. Visiting Fellow, Institute for International Trade, Adelaide University and Peter Draper
Executive Director, Institute for International Trade, Adelaide University.
A ground-breaking trade agreement set to enter into force on December 13th(soon to be announced by Trade Minister Birmingham) could open the door for a regional travel corridor between Australia, New Zealand and most Pacific Island countries, while reinforcing the importance of a rules-based trade order in the region.

[Read more about Pacific Trade Agreement Opens Door for Travel Bubble and Rule of Law]

Managing the risks of rising government support: a case for policy transparency

Policy Transparency

Ken Ash is an Independent Consultant, IIT Visiting Fellow, and former OECD Director of Trade and Agriculture. 
Governments generally support the smooth functioning of their domestic economies, through maintaining systems of good governance and the rule of law and ensuring a coherent macroeconomic and structural policy environment. Extraordinary support is sometimes also warranted, as is the case today to mitigate the economic impact of COVID-19. Few would dispute that these are essential roles for governments.

[Read more about Managing the risks of rising government support: a case for policy transparency]

RSS News Feed

IIT is a global leader in researching, analysing and commenting on International Trade.

Stay informed about our up-and-coming seminars, events, publications, awards, new projects and collaborations, and other exciting news.

Subscribe to IIT news