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The EU Directive on Corporate Sustainable Due Diligence has sparked fierce debate about the regulation of supply chains. The directive's objectives are aligned with European values. However, it raises concerns that the compliance costs of social and environmental regulations may be privatised in...
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Agriculture is undoubtedly the most important and controversial topic in the ongoing Uruguay Round of the GATT. Can a compromise between the divergent positions of the EC and the USA on agricultural trade be found? Does the Uruguay Round mark a turning point for the EC's Common Agricultural Policy?
Persistent link: https://www.econbiz.de/10011546664
After protracted negotiations, the EC Ministers of Agriculture agreed on a reform of the Common Agricultural Policy on July 1st. Will this reform solve the fundamental problems plaguing the common agricultural market? Is it compatible with the GATT?
Persistent link: https://www.econbiz.de/10011547003
In the past, the protection of agriculture in the EU from exchange rate instability was accomplished at the cost of confusing regulations, welfare losses and the discrimination of other sectors. Will the 1993 reform of the Agri-Monetary System, combined with wide 15% European Monetary System...
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Would the United Kingdom really apply high EU external tariffs in the case of a hard Brexit and carry out extensive physical checks at their border? Recent developments in London call this into question. A hard-but-smart strategy would fundamentally change Britain’s position vis-àvis the EU...
Persistent link: https://www.econbiz.de/10012013888
The logic for multilateral cooperation in trade and beyond becomes stronger, not weaker. A new governance forum will emerge, where negotiating will take place in country clubs instead of among members at the WTO. However, by breaking protocol, the US president has gained substantial bargaining...
Persistent link: https://www.econbiz.de/10011929843