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The current American and European mutual accusations of agricultural protectionism are an obvious case of the pot calling the kettle black. What series of events led up to this confrontation? And how can the conflict situation be eased?
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The final package of the seventh round of multilateral GATT negotiations has been ready for initialling since April 11, 1979. What has been achieved in these negotiations, commonly known as the Tokyo Round, and what has been left undone?
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In the fifties and sixties GATT was a motive power for worldwide trade liberalization which caused exports and imports to increase constantly at a higher rate than the production of goods. If this positive trend is to last, the course must be laid now for progressive removal of the trade barriers.
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According to the European Commission (EC), the WTO is struggling to credibly remain the go-to place for trade negotiations.1 Indeed, after the Commission stated its concerns, EU-Ambassador to the WTO Marc Vanheukelen commented that if the organisation does not take measures to move forward, the...
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The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a "hard Brexit" could cause considerably high costs on both sides of...
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