News: World Trade System
3rd PhD Summer Institute in International Trade
The University of Adelaide’s Institute for International Trade (IIT) hosted the 3rd PhD Summer Institute in International Trade. The first two summer institutes took place in February 2017 and February 2018, and its objective is to provide PhD students in this field with a platform for discussing their ideas with both fellow PhD students and senior scholars.
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Women in International Trade, enabling world economies for gender equality
Adriana Espejo Sanchez - Ph.D. Candidate: Institute for International Trade, University of Adelaide
Celebrating women’s achievements globally during International Women’s Day 2020 provides an opportune time to reflect not only on the critical role women play in society, but also to consider what actions are still required on the road to gender parity..
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The UK after Brexit
Richard Pomfret - Professor of Economics & Jean Monnet Chair Economics of European Integration, The University of Adelaide
On 31 January 2020 Britons celebrated or mourned the UK’s departure from the European Union. Brexit will be followed by a transition period until the end of the current EU budget cycle on 31 December 2020. During the transition, the UK will continue to adhere to EU rules while managing the practicalities of Brexit.
Trade and Investment in Services: An urgent Agenda
17 February 2020 - IIT staff and Ph.D. Students attended the seminar "Trade and Investment in Services: An urgent Agenda” presented by Hein Roelfsema, IIT's visiting Associate Professor for International Economics.
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The Australia-European Union Free Trade Agreement: Boosting Australian Innovation and Services Exports.
21 February 2020, the Centre of Excellence and the Trade and Investment in Services Associates (TIISA) network co-hosted with the Australian Institute for International Affairs a Policy Round Table on The Australia-European Union Free Trade Agreement: Boosting Australian Innovation and Services Exports.
The Round Table centred on presentations by Jan Hutton, Deputy Chief Australian Negotiator in the FTA negotiations, and TIISA fellow Hein Roelfsema from the University of Utrecht (Netherlands) and a contribution by Cornelis Keijzer from the EU negotiating team. The lively Q&A were led by Jane Drake-Brockman (TIISA Coordinator) and Richard Pomfret (Centre of Excellence Director).
The event, held at the Science Exchange in Adelaide, attracted an audience of around seventy people.
A Phase One Deal, but for what purpose?
Naoise McDonagh - Lecturer, Institute for International Trade, University of Adelaide
What does the Phase One trade deal between the U.S. and China indicate for the wider trade conflict between the two countries? To answer that question requires analysis of the deal’s specifics in the broader context of the trade conflict and its underlying causes.
Industrial subsidies, state-owned enterprises and market distortions: Problems, proposals and a path forward
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.
Failure of strategic trade diplomacy
Naoise McDonagh - Lecturer, Institute for International Trade, University of Adelaide
In June 2019 a free trade agreement (FTA) two decades in the making was struck between the EU and the South American customs union Mercosur (currently comprising Argentina, Brazil, Paraguay and Uruguay).
Study tour - strategy of Australia & EU Integration III
A group of University of Adelaide students are currently on a two-week study tour as part of their course on Australia-EU relations, being led by Prof Richard Pomfret.
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China’s Perspectives on WTO Reform
Professor Xiankun LU - China Institute for WTO Studies, University of International Business and Economics
China has tabled two formal documents on World Trade Organization (WTO) reform, these being the Position Paper on WTO Reform of November 2018 and the Proposal of China on WTO Reform of May 2019. Four aspects are highlighted in this article.
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