Four years after the launch of Global Europe - the European Union's trade strategy from 2006 - policymakers are now confronted with the first negotiated agreement with one of the rising economic powers in the Far East. The EU-Korea Free Trade Agreement (hereafter EUKOR) is the first of Europe's...

Trade policy in Asia is dangerously unbalanced. It rests on a shaky leg of discriminatory bilateral and regional FTAs. Its other WTO leg has gone to sleep: most Asian countries have neglected the WTO in favour of FTAs. Its regional-cooperation arm is limp: grand visions for regional economic...

Trade policy in Asia has switched from non-discriminatory unilateral liberalisation, reinforced by GATT/ WTO commitments, to discriminatory FTAs. The paper surveys the FTA activity of the major regional players: China, India, the ASEAN countries, Japan and South Korea. It concludes that emerging...

A short introduction -- Free trade vs. protection -- The political economy of trade -- The World Trade Organization -- Preferential trade agreements -- Asia, China, and unilateral liberalization -- Conclusion : the future of free trade

Despite being an agreement designed for the fastest developing sectors, the signatories of the Information Technology Agreement (ITA) in the World Trade Organization (WTO) have so far failed to re-negotiate the coverage of the ITA (concluded in 1996) due to a longstanding dispute amongst its...

The crisis-struck EU finds it increasingly difficult to engage in trade negotiations with large-sized economies that would have a meaningful impact on growth. Some parts of the European car industry are opposing a FTA with Japan due to defensive interests following the crisis in EU car...

The Transatlantic Trade and Investment Partnership (TTIP) was launched with highest of ambitions. Yet after more than 500 days of negotiations, the results are plainly discouraging. The EU and the US misunderstood each other's intention on market access, and deteriorated into retaliatory...