News: Non Tariff Measures
By Visiting Fellow Milton Churche. Milton Churche left the Australian Department of Foreign Affairs and Trade in 2018 after working on trade policy since 1987. The Trump administration has called into question the value of trade agreements, including of the World Trade Organization
(WTO), abused the concept of national security to justify openly trade protectionist actions, invoked “trade wars” as legitimate policy tools to advance national objectives, and moved in the direction of managed trade. Would a Biden presidency bring a decisive change in direction on US trade policy?
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.
By Jaiwei Fu, IIT Visiting Researcher
On February 10, 2020, the U.S. Trade Representative published an updated version of the "List of Developing and Least Developed Countries under U.S. Countervailing Duty Law" (CVD) in the Federal Register. Twenty countries, including India, Indonesia, South Africa, and Thailand, had their status as developing countries removed.
Non-Tariff Measures and Behind-the-Border Domestic Regulation Impacting Trade in Research and Innovation Services
Simon Lacey - Senior Lecturer in International Trade, The University of Adelaide
This topic is very interesting and slightly unusual, not least because non-tariff barriers are trade barriers that only affect trade in goods, since by definition a tariff can arguably only be levied on a physical good as it crosses a border.
Weinian Hu - Research Fellow at Centre for European Policy Studies, Belgium.
Industrial subsidisation is an area identified for WTO rule-strengthening by the European Union (EU) and the Trilateral Trade Ministerial Cooperation (hereafter Trilateral Cooperation). The aim is to curb certain trade practices spearheaded by China’s state-owned enterprises (SOEs), which allegedly engender over-capacity, distort markets and undermine the effectiveness of the WTO Agreement on Subsidies and Countervailing Measures (ASCM). The obligations of transparency and notification prescribed by the ASCM require strengthening, too.
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.
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