Morocco-Turkey trade agreement is under serious strain

2020 ◽  
Keyword(s):  
Trade Agreement ◽  
Content Type ◽  
Severe Strain

Headline MOROCCO/TURKEY: Trade agreement is under severe strain

Developing ASEAN India partnership for fostering technology development

2015 ◽  
Vol 7 (2) ◽  
pp. 205-218
Author(s):  
Sunil Sahadev ◽  
Pongsak Hoontrakul
Keyword(s):  
Technological Innovation ◽  
Policy Development ◽  
Technology Development ◽  
Trade Flow ◽  
Secondary Data ◽  
Trade Agreement ◽  
Content Type ◽  
Conceptual Paper ◽  
Broad Policy ◽  
Practical Implications

Purpose – This conceptual paper aims to discuss issues relevant to fostering cooperation between India and countries in the ASEAN region in the area of technological innovation. Design/methodology/approach – This is a conceptual paper, based on insights from the existing body of literature and secondary data. Findings – The study looks at the competitiveness of different countries in the ASEAN region and considers their technological competitiveness vis-à-vis India. Broad policy issues related to fostering technological innovation as well as the main advantages of such collaboration are discussed. Research limitations/implications – This is a conceptual paper mainly intended for discussion. Practical implications – The paper provides guidelines for fostering technological innovation and could, therefore, help policy development. Originality/value – Although the Indo-ASEAN free-trade agreement is helping trade flow between the countries in the region, the potential for technological collaborations still lies unutilised. This paper looks at the possibilities for such collaborations and is one of the few papers that consider this line of thinking.

An equilibrium displacement approach to analyzing the effects of tariff reduction on farmers’ profits

2016 ◽  
Vol 20 (4) ◽  
pp. 349-363 ◽  
Author(s):  
Byeong-Il Ahn ◽  
Jeong-Bin Im
Keyword(s):  
Cost Function ◽  
Supply And Demand ◽  
Differential Forms ◽  
Trade Agreement ◽  
Tariff Reduction ◽  
Content Type ◽  
Equilibrium Displacement ◽  
Demand Equations ◽  
The Individual ◽  
The Cost

Purpose The purpose of this paper is to develop an equilibrium displacement model (EDM) that is able to evaluate the impacts of a free trade agreement (FTA) on the profits of farmers. Empirical applications of the developed EDM are performed for evaluating the influences of Korea-Chile FTA on the grape industry in Korea. Design/methodology/approach Supply and demand equations together with profit function of individual farmers are converted into log-differential forms that compose the EDM. The cost function of grape producers is estimated for deriving the parameters that are required in applying the developed EDM. Findings The share of profit within revenue and the elasticity of cost with respect to quantity in the cost function play key roles in assessing the change in farmers’ profit. The empirical assessment of the effects of Korea-Chile FTA indicates that this FTA has little impact on the Korean grape market and grape producers in Korea. Originality/value Usefulness of the existing EDM has been limited in evaluating the impacts of exogenous shocks on the individual farmer level. This paper fills this gap by developing an EDM that assesses the impacts of tariff reduction on farm-level profit.

scholarly journals Transatlantic trade and investment partnership (TTIP) and the spill overs effects on the Gulf – cooperation council

2017 ◽  
Vol 59 (1) ◽  
pp. 35-51
Author(s):  
Nadia Naim
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Trade Agreement ◽  
Global Trade ◽  
Content Type ◽  
Transatlantic Trade ◽  
The Usa ◽  
Trade And Investment ◽  
The Eu

Purpose The purpose of this paper is to examine the transatlantic trade and investment partnership (TTIP). The EU and the USA are negotiating the TTIP, a trade agreement that aims to remove trade barriers across different economic sectors to increase trade between the EU and the USA. The TTIP will have spill over effects on the MENA region, the GCC, Australia and the Asian sub-continent, as it raises key questions for intellectual property and international trade agreements. For instance, will the USA and EU be on an equal footing or will one triumph over the other, will third party countries like the GCC states be expected to adopt new standards. Design/methodology/approach The research design is a paper and online data collection method to find literature to date on intellectual property law development in the GCC states in relation to the three research objectives as set out above. The literature is the population, and this could prove problematic. Different databases have been used to cover all sources where data can be found. Findings As the EU-USA TTIP is aiming to conclude by the end of 2015, the GCC has an opportunity to reassess its relationship with both the EU and GCC. Up until now, the GCC was able to enter into negotiations with the EU and USA relatively independently. However, where the EU and USA can agree, there will be a harmonisation of regulations. This therefore has repercussions for the GCC. The TTIP has three main aims: to increase trade and investment through market access, increase employment and competitiveness and create a harmonised approach to global trade. To harmonise global trade, the EU and USA aim to harmonise their intellectual property rights through an intellectual property rights chapter that deals specifically with enhancing protection and recognition for geographical indications, build on TRIPS and patentability. Research limitations/implications This study is non-empirical. Originality/value The TTIP will have spill over effects for the GCC, as it has yet to finalise the EU-GCC free trade agreement and USA-GCC framework agreement. The power dynamics between the USA and EU will be a deciding factor on the intellectual property chapter in the TTIP in terms of what the provisions for intellectual property will look like and what powers will be available to investors to bring investor-state-dispute settlement claims against foreign countries.

Modelling welfare effects under Pakistan–China free trade agreement

2018 ◽  
Vol 11 (3) ◽  
pp. 202-218 ◽  
Author(s):  
Lubna Uzair ◽  
Ahmad Nawaz
Keyword(s):  
Trade Policy ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Academic Research ◽  
Trade Agreement ◽  
Policy Formulation ◽  
Trade Creation ◽  
Content Type ◽  
The World ◽  
The Impact

PurposeThis paper aims to empirically examine the trade creation and diversion impacts on merchandise imports of Pakistan under the Pakistan–China Free Trade Agreement (FTA). The analysis of Pakistan’s preferential treatment with its largest trade partner as well as the most substantial exporter of the world will help to shape trade policy, open windows for academic research and also gives an immense contribution in literature.Design/methodology/approachA disaggregated panel data on the imports of Pakistan from China and other WTO member countries and tariff concessions at Harmonized System (HS) two-digit level used for the agreement period of 2006-2012. The empirical analysis takes care of bias through robust and panel-corrected standard errors with time, industry-specific effects and controlling for multilateral trade resistance.FindingsEvidence found in support of trade creation under the Pakistan–China FTA. It means overall this agreement increased the welfare of Pakistani consumers.Practical implicationsFindings are in favour of negotiations and signing for the next round of this agreement and with other major trade partners like the US and Saudi Arabia.Originality/valueIt is worth investigating empirically the impact of preferential trade liberalization between Pakistan – a developing country – and China – the largest importer of the world – explicitly, in the form of trade creation or diversion. The empirical assessment of this FTA signed with the world’s largest exporter will not only contribute immensely to the literature but also help in trade policy formulation and open windows for academic research. Another unique aspect of this study is the use of disaggregated data consisting of all goods imports along with tariff concessions at two-digit Harmonized System (HS) code.

How the Chinese really negotiate: observations from an Australian-Chinese trade negotiation

2017 ◽  
Vol 38 (6) ◽  
pp. 38-46 ◽  
Author(s):  
Rod McColl ◽  
Irena Descubes ◽  
Mohammad Elahee
Keyword(s):  
Conflict Management ◽  
Global Economy ◽  
Participant Observation ◽  
A Priori ◽  
Management Strategies ◽  
Trade Agreement ◽  
Trade Negotiation ◽  
Content Type ◽  
Negotiation Strategies ◽  
Management Approaches

Purpose Previous research suggests that negotiation style and conflict management strategies are influenced heavily by cultural factors. In the case of the Chinese, findings have largely produced stereotypical views about their behavior, but the authors argue that this position is becoming increasingly blurred in the global economy. Design/methodology/approach Data were collected using participant observation during negotiations of a free-trade agreement between China and Australia followed by in-depth interviews with Chinese delegates. Findings Consistent with Confucianism and a Taoism-based value system, there was evidence of strong cultural influence on conflict management approaches. Two a priori Chinese strategies were evident – avoidance and accommodating, with five tactics. However, contrary to previous research, the authors found use of two conflict management strategies normally associated with a western approach – competing and compromising, with five associated tactics. Practical implications Chinese negotiators are knowledgeable and capable of adopting western negotiation strategies and tactics. The authors advise managers involved in international negotiations with Chinese managers to be cautious when relying on historical stereotypical assessments and to think differently about the emerging Chinese negotiator. Originality/value Few published negotiation studies involve real negotiations based on actual observations, particularly in an international setting. Contrary to many published studies, we demonstrate that conflict management approaches used by Chinese negotiators have evolved into a blend of traditional Chinese and western styles.

AIIB shows increased US-China institutional rivalry

2015 ◽  
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
South East Asia ◽  
Content Type ◽  
White House ◽  
Regional Institutions ◽  
Institutional Competition

Significance London's actions drew a harsh, if unofficial, reaction from the White House. It underscores the growing rivalry between the United States and China over the changing architecture of global and regional institutions. Impacts Institutional competition will not spill over much into the security field, where China's neighbours seek to balance it. Increased European involvement in South-east Asia will accelerate movement towards an EU-ASEAN free trade agreement. Increased international prestige could help Chinese President Xi Jinping's domestic clout.

US election raises doubts over Japan-US alliance

2016 ◽  
Keyword(s):  
Presidential Election ◽  
Democratic Party ◽  
Trade Agreement ◽  
Content Type ◽  
Campaign Rhetoric ◽  
The Us ◽  
Us Presidential Election ◽  
East Asia Region ◽  
Presidential Election Campaign

Subject The implications for Japan of the US presidential election. Significance US presidential election campaign rhetoric has sparked serious concerns in Japan about Washington's commitment to the East Asia region in the context of a long-term rise in geopolitical tensions. Republican candidate Donald Trump has publicly questioned the value of the US-Japan alliance, while Democratic Party candidate Hillary Clinton has muted her previous support for the Trans-Pacific Partnership (TPP) trade agreement, seen as the economic component of the US 'rebalance' to Asia under President Barack Obama's administration. Impacts Doubts about the US commitment to the region work to Beijing's advantage. The US government's likely failure to ratify the TPP will damage perceptions of Washington's commitment to the region. Though occasionally mooted, the idea of developing nuclear weapons is a non-starter in Japan.

Brexit increases trade uncertainties in Brazil

2016 ◽  
Keyword(s):  
Negative Impact ◽  
Trade Agreement ◽  
Import Demand ◽  
Economic Effects ◽  
Political Crisis ◽  
Currency Markets ◽  
Content Type ◽  
Near Term ◽  
Severe Recession ◽  
The Eu

Subject Brexit's impact on Brazil's trade outlook. Significance The process of UK withdrawal from the EU (Brexit) will produce complex, uncertain and far-reaching economic effects. Brazil faces Brexit while undergoing a severe recession and profound political crisis. Trade has offered the only positive economic news in Brazil during 2016, owing largely to currency depreciation and depressed import demand. Impacts If Brexit reinforces the decline in Chinese growth, this will have a negative impact on Brazil's exports. Crucially, it is also likely to delay the conclusion of the free trade agreement between the EU and Mercosur. Near-term, Brexit represents an additional source of uncertainty, with increased instability in financial and currency markets.

Australian push on India ties likely, but with hurdles

2018 ◽  
Keyword(s):  
Free Trade ◽  
Foreign Investment ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Australian Government ◽  
Content Type ◽  
Economic Relations ◽  
Diplomatic Relationship ◽  
Business Structure

Subject Australian policy thinking on India. Significance A blueprint submitted to the Australian government in April, titled 'An India Economic Strategy to 2035', calls for increased export shipments and investment in India through to 2035 and a closer strategic and diplomatic relationship. Impacts Economic relations will evolve slowly, as India is still developing a business structure attractive to foreign investment. Talks on a free trade agreement are unlikely to progress until India agrees to lower market barriers, especially high tariffs. India’s 700,000-strong diaspora in Australia will play a long-term role in connecting markets in the two countries.

Speedy Mexico-EU trade deal promises risks and rewards

2017 ◽  
Keyword(s):  
North America ◽  
Free Trade ◽  
North American ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Transportation Costs ◽  
Donald Trump ◽  
Content Type ◽  
The North

Subject Mexico-EU trade talks Significance Talks on modernising the Mexico-EU Free Trade Agreement (FTA) have gained urgency since the election of US President Donald Trump as the prospect of an end to free trade within North America forces Mexican officials to get serious about diversifying relations. While negotiators hope to seal a new EU deal by the end of the year, many issues are yet to be addressed and renegotiation of the North American Free Trade Agreement (NAFTA) is absorbing bureaucratic capacity. Impacts Anti-American sentiment stemming from Washington’s hostility could favour European firms and investors in Mexico. The rush to conclude agreements risks bad deals and political blowback from Mexico’s opposition. Transportation costs and connectivity will ultimately matter more for Mexican diversification than already low tariffs.

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