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For a global player like the EU, it must adequately respond to US unilateral actions and not give in to threats in order to preserve its credibility. However, it is not in its interest to let trade conflicts escalate and be drawn into trade wars. It is worth noting that through the bilateral...
Persistent link: https://www.econbiz.de/10011929785
The WTO provides extensive flexibility for members to engage with each other. Using this, WTO members should identify a … policies that are not or only partially covered by current WTO rules. Expanding the WTO rulebook, accepting greater reciprocity … and improving the organisation’s operation are necessary for revitalising the WTO. …
Persistent link: https://www.econbiz.de/10011929807
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 …
Persistent link: https://www.econbiz.de/10011929841
The greatest challenge for the EU in trying to identify an optimal response is understanding the motives behind the US strategy. The rhetoric, and more recently also actions, of the current US administration on trade and the global multilateral system are a real threat to the process of...
Persistent link: https://www.econbiz.de/10011929848
Some ... may look at the depleted nature of Russia’s military after its invasion of Ukraine and incorrectly surmise …
Persistent link: https://www.econbiz.de/10013252704
In the July/August issue of Intereconomics, Ilona Sologoub argued that increasing the cost of war would limit the … ability of an authoritarian state to wage a war. Here, Charles D. Coleman comments on this statement and offers clarification …
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emerge, where negotiating will take place in country clubs instead of among members at the WTO. However, by breaking protocol …
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