The preferential trade agreement between the Eurasian Economic Union (EAEU) and Iran on mutual trade entered into force in October 2019. In this report we estimate its expected impact at aggregate and sectoral levels using the gravity model of trade based on the global sample of bilateral trade...

The European Union (EU) represents a large and highly integrated bloc which contributed 19.4% of global GDP and over 30% of global exports in 2012. As of July 1, 2013 it consists of 28 member states. All of them belong to the customs union and the Single European Market (SEM) in which most...

Regional economic integration is back in vogue following the "stumble" in the Doha Round in July 2008. Preferential trade agreements (PTAs) are driving this trend in Asia and the Pacific as well as in Central and South America, and the sheer volume of PTAs is striking. In the 1990s there were...

Trade liberalization of the agri-food sector is a sensitive topic in both Transatlantic Trade and Investment Partnership (TTIP) and Trans-Pacific Partnership (TPP) discussions. Using a general equilibrium model, we assess the potential impact of these agreements. The US agri-food sectors would...

The Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership will impact on substantive market regulations in a wide a range of areas bearing on market access, both by establishing substantive new horizontal and sectoral standards and by establishing requirements regarding...

Before the Trans-Pacific Partnership (TPP) was scheduled to enter into force, the United States withdrew from the trade accord. Eleven other TPP signatories decided to revive the agreement, which led to the implementation of the Comprehensive and Progressive Agreement for TPP (CPTPP). The...

The European Union has recently shifted to a trade policy that envisages a greater use of Free Trade Agreements (FTAs). In particular the EU is working on a number of new FTA initiatives. Policy statements also reiterate the EU's commitment to multilateralism in trade and to the completion of...

This book chapter offers a comprehensive review of the free trade agreement between China and ASEAN ("ACFTA"), focusing on the rules concerning tariff reduction (including the Early Harvest Programme), trade in services, dispute resolution, as well as the progress on the negotiations on...

Globally, healthcare is a key sector for the overall well-being of a country and its population. By 2030, at least 60 percent of the global population will be living in Asia, and one in four will be over 60 years of age. As the COVID-19 pandemic highlighted the importance of the sector, it also...

The paper examines the effects of Russia joining the WTO taking into accountenergy sector reform and the impact of a future Free Trade Agreement (FTA) between theenlarged EU and Russia. The paper uses Computable General Equilibrium Modellingtechniques for quantifying the different possible...