News: Trade Facilitation

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?

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TIISA Young Scholars Awards Presentations & Webinar

Trade & Investment in Services Associates (TIISA) was please to host an online presentation and discussion with the recent winners of the Young Scholar Paper Award offering a Paper Award who presented their papers on topics relating to International Trade and Investment in Services

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Building more resilient global value chains

Shipping Yard

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.

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Resilient Teams for Trade

Teams

By Lisa Hunt, Business Manager, Institute for International Trade, The University of Adelaide and Professor Peter Draper, Executive Director, Institute for International Trade, The University of Adelaide. 
Over the past four months COVID-19 has exacerbated existing trade and geopolitical tensions, fuelled scepticism about the benefits of globalisation and seen already high-levels of economic uncertainty rise. As governments across the globe respond to protect their citizens lives and livelihoods, the resulting restrictions on the movement of people, capital, goods and services across borders has proven catastrophic for many businesses working in Global Value Chains (GVCs).

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Australia-Singapore Digital Trade Agreement: Setting new benchmarks in Trade Governance

Digital Economy

By Jane Drake-Brockman, Industry Professor, Institute for International Trade, The University of Adelaide.
Australia has achieved its most comprehensive deal on digital trade. The government has put down clear markers for other bilateral and regional trade negotiations, including with the EU; and taken a global leadership role, along with Singapore, in signalling vital directions for the WTO negotiations on Electronic Commerce (e-commerce).

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From recovery to continued prosperity: What lessons from COVID-19?

PB07 Covid19 lessons

By Professor Peter Draper - Executive Director Institute for International Trade; Simon Lacey - Senior Lecturer Institute for International Trade, Mike Humphrey - Senior Trade Advisor Institute for International Trade; Dr Naoise McDonagh Lecturer Institute for International Trade. 
This policy brief was originally drafted as a submission to an Australian parliamentary inquiry seeking input from Australian firms and individuals on policy solutions across a broad range of areas as Australia continues to ride out the storm wreaked by the global pandemic COVID-19. It begins by exhorting Australia’s political leaders to recognize both the extreme severity of the socio-economic challenges the country faces at this time, but also the unique opportunity these challenges present for visionary leadership and positive change, the effects of which will define Australia for future generations.  

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The “German” debate on supply chain ethics: assessing the role for businesses in human rights enforcement

Reichtag Building

By Andreas Freytag, Professor and Chair of Economic Policy, Friedrich Schiller University, Jena, and Dr Naoise McDonagh, Lecturer in Political Economy, Institute for International Trade, University of Adelaide.
International supply chains have become a topic of fierce debate in Germany over the past weeks, and perhaps surprisingly not for pandemic-related issues. Proposed new laws requiring due diligence by firms to prevent human rights violations in their supply chains sparked controversy over the degree of responsibility firms can realistically be expected to bear, and how they may enforce this obligation.

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COVID-19 provides a rare chance for Australia to set itself apart from other regional powers. It can create a Pacific ‘bubble’

Pacific Island

By Peter Draper Executive Director: Institute for International Trade, University of Adelaide and Jim Redden Senior Lecturer & Visiting Fellow, Institute for International Trade, University of Adelaide.
For a short time Australia has an unrivalled opportunity to set itself apart from donors to the Pacific including China, Japan and the European UnionAs Victoria’s current COVID-19 spike shows, it will take Australia some time to open its borders to the world and allow residents to travel wherever they like. But there’s no reason why it shouldn’t open its borders to some parts of the world sooner than others, especially those in which it has a special interest and in which the spread of coronavirus is slowing.

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Responding to COVID-19: A key role for ASEAN in the region

ASEAN FLAG

By Milton Churche and Michael Mugliston, visiting fellows, Institute for International Trade, University of Adelaide.
A key characteristic of the health and economic crises unleashed by Covid-19 is the very high degree of uncertainty over the course of the disease, the trajectory of the economic downturn and the roadmap for restoring sustained economic growth. Indexes measuring global policy uncertainty are showing unprecedented levels of uncertainty. The World Pandemics Uncertainty Index that measures economic uncertainty associated with pandemics and other disease outbreaks since 1996 is at record highs.

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India’s Trade Policy: Embracing national interests and selective engagement

India Flag

By Amitendu Palit, Senior Economic and Trade Policy Research Fellow at the Institute of South Asian Studies in the National University of Singapore.
Six months have passed since India decided to stay out of the Regional Comprehensive Economic Partnership (RCEP). With the rest of the RCEP members going ahead with the agreement and finalizing its text, India is unlikely to be a part of RCEP in the foreseeable future. This is notwithstanding the hint dropped by India’s external affairs minister Dr. S Jaishankar earlier in the year on India ‘rethinking’ the decision.

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