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The briefings offer an overview of EU’s trade and investment relations before the start of the full-scale Russian invasion and a data-supported analysis of recent trade developments. They address the trade patterns of Ukraine and Russia, the economic structure of the two countries, and the EU’s dependencies on Russia as well as the EU's alternatives for Russian imports, focusing on the energy sector and critical raw materials. The final briefing provides an overview of the sanctions imposed by the ...

Global value chains enable two-thirds of international trade, notably for the EU. The EU wants to preserve its commercial links with third countries and organisations to make up for trade disruptions. This study examines sustainable supply of raw materials, commodities, and critical goods using the EU's Open Strategic Autonomy concept. It examines which raw material are crucial for sustainable supply and necessary for the green transition. The paper examines EU internal legislation and international ...

In 2017, Argentina’s economy continued its gradual recovery from major macroeconomic imbalances with a GDP per capita growth rate of 2.9% thanks to austerity measures and a comprehensive reform agenda. However, inflation at 25.7% and unemployment at 8.5% remained high. Whereas economic fundamentals were slowly improving and the country’s political context remained stable after president Mauricio Macri made political gains at the mid-term legislative elections in October 2017, a crisis of confidence ...

The Trans-Pacific Partnership (TPP), signed in February 2016 by the representatives of its 12 member countries, is a comprehensive regional agreement dealing with a wide range of trade and trade-related issues. In January 2017, President Donald Trump withdrew the United States from the TPP, making it impossible for the agreement, as it is currently drafted, to take effect. Despite the US withdrawal, the remaining TPP participating countries are determined to salvage the benefits of the agreement, ...

The subject of trade facilitation and border management lies at the heart of EU trade policy, which seeks to take advantage of global value chains for the benefit of workers, consumers and businesses. This demands that goods may flow smoothly across borders without jeopardising EU values and standards. Trade facilitation principles help reduce the cost of cross-border trade in goods while safeguarding regulatory control objectives. Good border management practice is integral to trade facilitation ...

This publication consists of the proceedings and of three studies which were presented during the workshop on trade and economic relations with Asia: - Asia as a new global engine: foreign trade and regional cooperation ; - EU external trade strategy vis-à-vis Asia ; - Implementation of the EU-Republic of Korea FTA.

Myanmar/Burma: The next tiger?

At a Glance 22-10-2015

Decades of economic mismanagement have left formerly wealthy Myanmar/Burma one of the poorest countries in the world. However, prospects have brightened recently – foreign trade and investment are booming, growth is accelerating and decrepit infrastructure is being rebuilt, giving the country a chance of becoming the next south-east Asian 'tiger' economy.

International trade is an area where the European Union has an unquestionable global clout. It is the world's biggest trading bloc while trade policy is an exclusive power of the EU. The EU faces numerous challenges in the trade area, notably talks on the Transatlantic Trade Investment Partnership (TTIP), an agreement with the United States, the Trade in Services Agreement (TISA), an accord currently being negotiated by 24 members of the World Trade Organisation (WTO) and, in general reviving the ...

The future of the EU trade policy

In-Depth Analysis 26-06-2015

After years of relative stagnation and emphasis on multilateral negotiations (WTO), the European Union has instigated an impressive number of trade negotiations, some successfully concluded. The scene is currently dominated by negotiations with the US (TTIP) and Japan. The success of the current Commission will greatly depend on the outcome of these negotiations. The Union's trade strategy cannot be limited to the creation of new negotiation tables, but must also ensure the proper implementation ...

In this briefing, we assess the role of intermediaries and wholesalers in international trade based on the existing theory and empirical evidence. In all countries examined, a relevant share of international trade (on average more than 10%) occurs through intermediaries. Especially small and less efficient firms can export thanks to the presence of intermediaries operating on a larger scale and exploiting economies of scale. Intermediaries therefore can increase the amount of exports and the extent ...