Achieving Competitively Cooperative Economic and Trade Relations

This chapter aims to highlight how trade relations can be improved and fostered through an effective symbiotic relationship which does not leave the other trading partner feeling exploited or having executed a bad deal. Free trade agreements are intended to be beneficial to parties involved – when negotiated with relevant and necessary skills – as provided for in terms and conditions within such agreements. Lessons from trading and economic relationships may also serve as a stark reminder than regional alliances and allies will always be beneficial than economic alliances.

2019 ◽  
Vol 20 (5) ◽  
pp. 705-725
Author(s):  
James Harrison

Abstract This article explores the implications of the proliferation of labour provisions in free trade agreements (FTAs) in recent years. It reviews a relatively new form of empirical scholarship on the effectiveness of US and EU labour provisions. In doing so, it helps to identify a large gap between, on the one hand, the rhetoric of policymakers on the importance of such provisions and, on the other, the reality of what they achieve in practice. Reform efforts on both sides of the Atlantic are then examined to find that these also contain major deficiencies. The article therefore asks whether the ineffectiveness of the labour rights agenda in FTAs should be seen as part of a burgeoning class critique of trade policy. In the current political climate, it also suggests that the deficiencies identified, and how they should be resolved, require far greater engagement from both mainstream academia and trade policy communities.


2016 ◽  
Vol 17 (1) ◽  
pp. 38-61 ◽  
Author(s):  
Francesco Giumelli ◽  
Gerda van Roozendaal

Whereas a number of studies have been conducted to investigate causal relations between individual conditions (e.g. trade relations and labour standards), there is a lack of consensus among practitioners and scholars about the conditions that favour or cause labour standards improvements and, specifically, it is still unclear whether the increasing pervasiveness of Free Trade Agreements (FTAs) is conducive to enhancing labour conditions. The aim of this study is to shed light on whether labour clauses in FTAs are conducive to better labour standard practices, whether the content of a clause makes a difference, and whether changes have anything to do with other (external) pressures that play a role in changing labour standards. The main argument of the article is that FTAs do not play a determinant role in improving labour standards in signatory states. The analysis is done by looking at 13 FTAs signed by the United States with 19 countries. The United States is chosen because of its relatively extensive collection of FTAs including different conditions on labour standards. The empirical dataset is analysed with Qualitative Comparative Analysis (QCA) method, which permits to trace the combined effect of independent variables rather than to focus on the direct and individual causality with each of them.


Skola biznisa ◽  
2020 ◽  
pp. 86-111
Author(s):  
Milica Simić ◽  
Biljana Stankov

Modern international economic relations, among other things, are characterized by establishing bilateral and multilateral cooperation between countries in order to liberalize trade relations. The implementation of reached free trade agreements affects economic trends in the signatory countries, the intensification of their foreign trade as wll as the increase in the attractiveness of countries as investment destinations. From 2000 onwards, Serbia has signed several free trade agreements with European countries and the United States. Ten years ago, a free trade agreement was signed with the Republic of Kazakhstan in order to encourage the development of mutual trade and economic relations, accelerate economic development, improve living and working conditions, increase employment and establish fair competition between economic entities from Serbia and Kazakhstan. The subject of the mentioned trade relations are also agri-food products, whose production in Serbia is supported by an excellent raw material base, and has always been a part of national tradition and culture. The research subject of this paper is foreign trade of agricultural products between Serbia and Kazakhstan with regard to free trade agrrements. The research aim is to determine the differences in the movement of exports and imports between the mentioned countries in the period before and after the signing of the free trade agreement.


Author(s):  
Neslihan Koç

Turkey, because of its responsibilities derived from Custom Union with European Union, makes limited Free Trade Agreements (FTAs) with those states which have already signed such agreements with EU. As yet Turkey has signed FTAs with 19 countries including Macedonia. It's expected from FTA's that raise awareness of partner countries about each other’s economic and commercial potentials. In this study a general overview will be made to emphasize the relationship between FTAs which Turkey has signed with other countries and increase in Turkey’s trade volume in the same period. Subsequently, with regarding the FTA and commercial relations with Macedonia, an assessment will be made by using the lists of countries imports and exports, based on Republic of Turkey Ministry of Economy statistics for the period of 2001-2012.


AJIL Unbound ◽  
2017 ◽  
Vol 111 ◽  
pp. 384-388 ◽  
Author(s):  
Kathleen Claussen

This essay examines the challenges and opportunities for regional trade lawmaking in the U.S.-Africa relationship. On the eve of the conclusion of an African continental free trade agreement, the U.S. trade law relationship with the continent remains focused on regional groups. Questions remain as to whether the existing trade law regime offers the flexibility necessary to accommodate alternative models to free trade agreements that may best serve the needs of African and U.S. constituencies. The essay proceeds in four parts. First, I sketch the current state of play in U.S.-Africa trade relations. Next, I outline how the U.S. and African approaches to trade lawmaking have differed. I then turn to two sets of challenges—one domestic and one international—that may impede innovation in developing a U.S.-Africa trade law relationship consistent with African interests. Finally, the essay concludes with an exploration of possible alternatives and issues not yet considered in the transcontinental dialogue on trade.


2021 ◽  
pp. 167-193
Author(s):  
Christel Elvestad ◽  
Tatiana Isachenko

AbstractThis chapter analyses changes in Russia’s agri-food trade relations after 2014 with a specific focus on regional trade agreements. The introduction of countersanctions against Western countries in 2014 spurred the need to replace some of Russia’s most important foreign food trade partners. Free trade agreements can be effective instruments to boost trade and strengthen ties between countries. Russia is a latecomer in the race for free trade agreements, but a series of agreements have been negotiated since 2015. The portfolio of free trade agreements is still in an early stage, but there is a clear turn to Asia in Russia’s trade. China’s role in total trade as well as in agri-food trade with Russia is considerably strengthened despite the lack of trade preferences so far.


Sign in / Sign up

Export Citation Format

Share Document