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Mega-Regional Trade Agreements and Global Environmental Governance

Mega-Regional Trade Agreements and Global Environmental Governance
Author: Errol Meidinger
Publisher:
Total Pages: 23
Release: 2017
Genre:
ISBN:

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This article uses the recently negotiated Transpacific Partnership Agreement (TPP) to examine the potential implications of the rise of mega-regional trade agreements (MRTAs) for global environmental governance. Though unlikely to come into force as planned, the TPP represents the state of the art for MRTAs. It was negotiated among a dozen countries with diverse economies and interests that represent over one-quarter of global trade. Its language is likely to provide a reference point for negotiation of future MRTAs. While the environmental provisions of the TPP do not appear strong in their own terms, they offer the prospect of modest environmental benefits by: (1) directly linking trade to numerous environmental concerns, thereby injecting environmental considerations into trade policy; (2) committing member countries to enact, upgrade, and enforce environmental laws; (3) providing dispute settlement mechanisms for situations where countries may not do so; and (4) creating linkages to environmental governance initiatives of non-state actors.


Mega-Regional Trade Agreements

Mega-Regional Trade Agreements
Author: Thilo Rensmann
Publisher: Springer
Total Pages: 377
Release: 2017-07-20
Genre: Law
ISBN: 3319566636

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This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.


Understanding Mega Free Trade Agreements

Understanding Mega Free Trade Agreements
Author: Jean-Baptiste Velut
Publisher: Routledge
Total Pages: 211
Release: 2017-08-23
Genre: Political Science
ISBN: 1351780638

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The rise of cross-regional trade agreements is a defining trend of the current international trade system as shown by the signing of the Trans-Pacific Partnership (TPP) in 2015, the negotiations for the Transatlantic Trade and Investment Partnership (TTIP) between the USA and the EU as well as the Regional Comprehensive Economic Partnership (RCEP) between countries in Asia and Oceania. These differ from previous agreements in their economic significance and large geographic scale, and the wide scope of trade-related issues. The current rise of nationalist and isolationist ideologies across Europe and the USA has raised questions on the future of cross-regional trade deals and made the need to understand their implications for economic and political governance ever more urgent. Two main forms of governance that are central to this volume are the democratic tensions over new generation trade deals on the one hand, and their geopolitical ramifications on the other, which have come into collision to herald the advent of a highly uncertain period of world politics. Many of the questions tackled in this volume, surrounding the democratic governance of trade agreements – whether long-held debates on the inclusion of workers’ voices, controversies on intrusive "behind the border" provisions undermining national sovereignty and local autonomy or new questions on digital rights – are crucial to understand the ebbing popular support for far-reaching trade agreements. This book will be a useful learning tool for students and scholars in a wide range of fields, including Globalisation, Global Governance, International Political Economy, International Trade and Investment and International Law, and should also be of interest to EU trade negotiators, international policymakers and business associations.


Trade and the Environment

Trade and the Environment
Author: Clara Brandi
Publisher: Cambridge University Press
Total Pages: 180
Release: 2023-12-21
Genre: Political Science
ISBN: 1009461850

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The mushrooming of trade agreements and their interlinkages with environmental governance calls for new research on the trade and environment interface. The more than 700 existing preferential trade agreements (PTAs) include ever more diverse and far-reaching environmental provisions. While missed opportunities remain and harmful provisions persist, numerous environmental provisions in PTAs entail promising potential. They promote the implementation of environmental treaties and cover numerous environmental issues. New concepts, data, and methods, including detailed content analysis across multiple institutions, are needed to explain these interlinkages and understand whether and how PTAs with environmental provisions can contribute to tackling global environmental challenges. Making use of the most extensive coding of environmental provisions in PTAs to date and combining quantitative data with qualitative analyses, this Element provides a comprehensive yet fine-grained picture of the drivers and effects of environmental provisions in PTAs. This title is also available as Open Access on Cambridge Core.


Mega-Regional Trade Agreements: CETA, TTIP, and TiSA

Mega-Regional Trade Agreements: CETA, TTIP, and TiSA
Author: Stefan Griller
Publisher: Oxford University Press
Total Pages: 350
Release: 2017-08-24
Genre: Law
ISBN: 0192536591

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The Comprehensive Economic and Trade Agreement between the EU and Canada (CETA), proposed Transatlantic Trade and Investment Partnership between the EU and the US (TTIP), and the plurilateral Trade in Services Agreement (TiSA) between the EU and 22 other States have sparked a great deal of academic and public interest. This edited collection brings together leading experts in the field of international economic law to address the legal complexities of these treaties and provide an explanation of their core principles. In the first two chapters, this book examines changing conceptions of international economic law and the main motivations for negotiating mega-regional agreements. In nine further contributions, international experts examine sectoral issues such as the trade, investment, and dispute settlement procedures envisaged in these 'mega-regional' agreements. The book goes on to consider the progress made in intellectual property protection, the problems associated with data protection, human rights, labour, and environmental standards, issues of transparency and legitimacy, and the relationship between CETA, TTIP, and TiSA on the one hand and EU law on the other. It concludes with four chapters that discuss globalization and other fundamental questions surrounding these mega-regional agreements from economic, political science, and legal perspectives.


Emerging Global Trade Governance

Emerging Global Trade Governance
Author: Lurong Chen
Publisher: Routledge
Total Pages: 292
Release: 2018-12-07
Genre: Business & Economics
ISBN: 1351051288

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Mega free trade agreements (FTAs) are being formed to fill the gap created by new developments in global governance and are reshaping the world economic order. The Trans-Pacific Partnership (TPP) agreement is one of such 21st century FTAs. This book highlights three trade-related issues covered by the TPP that greatly concern emerging countries – investment, intellectual property rights (IPR), and state-owned enterprises (SOEs). It contains rigorous economic, legal, and political analyses on the final text of the agreement, combined with country-specific policy discussions focusing on Indonesia, the Philippines, Thailand, and Viet Nam, giving readers insights on the establishment of global rules and regulations for 21st century trade. The book also outlines the requirements for emerging Asian countries to better formulate trade policies in the new era of international trade and promote regional integration in ASEAN and East Asia.


Handbook of Deep Trade Agreements

Handbook of Deep Trade Agreements
Author: Aaditya Mattoo
Publisher: World Bank Publications
Total Pages: 768
Release: 2020-09-23
Genre: Political Science
ISBN: 1464815542

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Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).


Mainstreaming Sustainable Development in Regional Trade Agreements

Mainstreaming Sustainable Development in Regional Trade Agreements
Author: Louise Malingrey
Publisher:
Total Pages: 0
Release: 2022
Genre:
ISBN:

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In this paper, we review the sustainable development content of regional trade agreements (RTAs) globally using a new ESCAP RTA Text Analysis tool, followed by a comparative analysis of sustainable development related provisions in the Regional Comprehensive Economic Partnership (RCEP) and two other recent "mega" regional trade agreements (RTAs), namely the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union - Japan Economic Partnership Agreement (EU - Japan EPA). The EU-Japan EPA and the CPTPP follow different approaches as they have been drafted under the influence of the EU and the United States, respectively, while the RCEP was driven from within Asia-Pacific. The analysis covers seven sustainable development-related topics: (1) sustainable development as a concept, (2) labour rights and standards, (3) environment (4) human rights, (5) small and medium-sized enterprises, (6) gender, and (7) health. The global review of RTA texts confirms the increasing reference to sustainable development and related areas in RTAs signed over the past decade. The comparative analysis of the three mega-RTAs in turn confirms the large gaps of RCEP in terms of sustainable development coverage. However, it also points to specific and practical ways through which RCEP could address these gaps in time to support the achievement of the 2030 Agenda for Sustainable Development - also drawing upon the interest expressed by many RCEP countries in joining CPTPP. A two-step path forward and different options for integrating sustainable development in RCEP are proposed, based on existing provisions and the differing approaches of the CPTPP and the EU-Japan EPA. We hope this paper will provide useful guidance to RCEP members for enhancing the sustainable development content of the agreement in time for its upcoming five-year review.


Preference Erosion and Multilateral Trade Liberalization

Preference Erosion and Multilateral Trade Liberalization
Author: Joseph F. Francois
Publisher: World Bank Publications
Total Pages: 38
Release: 2005
Genre: Access
ISBN:

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Because of concern that OECD tariff reductions will translate into worsening export performance for the least developed countries, trade preferences have proven a stumbling block to developing country support for multilateral liberalization. The authors examine the actual scope for preference erosion, including an econometric assessment of the actual utilization and the scope for erosion estimated by modeling full elimination of OECD tariffs, and hence full most-favored-nation liberalization-based preference erosion. Preferences are underutilized due to administrative burden-estimated to be at least 4 percent on average-reducing the magnitude of erosion costs significantly. For those products where preferences are used (are of value), the primary negative impact follows from erosion of EU preferences. This suggests the erosion problem is primarily bilateral rather than a WTO-based concern.


Trade and Environment

Trade and Environment
Author: Adil Najam
Publisher:
Total Pages: 0
Release: 2007
Genre:
ISBN:

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