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| Author | : Stefan Griller |
| Publisher | : Oxford University Press |
| Total Pages | : 350 |
| Release | : 2017-08-24 |
| Genre | : Law |
| ISBN | : 0192536591 |
Download Mega-Regional Trade Agreements: CETA, TTIP, and TiSA Book in PDF, ePub and Kindle
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.
| Author | : Thilo Rensmann |
| Publisher | : Springer |
| Total Pages | : 377 |
| Release | : 2017-07-20 |
| Genre | : Law |
| ISBN | : 3319566636 |
Download Mega-Regional Trade Agreements Book in PDF, ePub and Kindle
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.
| Author | : Jean-Baptiste Velut |
| Publisher | : Routledge |
| Total Pages | : 211 |
| Release | : 2017-08-23 |
| Genre | : Political Science |
| ISBN | : 1351780638 |
Download Understanding Mega Free Trade Agreements Book in PDF, ePub and Kindle
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.
| Author | : Dan Ciuriak |
| Publisher | : |
| Total Pages | : 22 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
Download Mega-regional Trade Agreements Book in PDF, ePub and Kindle
The mega regional trade agreements - the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP), the Regional Comprehensive Economic Partnership (RCEP), and the Trade in Services Agreement (TISA) - will impact on non-parties through a combination of trade and investment diversion and the spillover effects from the emerging regulatory framework for global commerce that these agreements will effectively put in place. This paper reviews the changes to the regulation of international commerce that will be brought about by the mega regional trade agreements. Based on this review, it develops options for policy responses by those economies that are not members of the mega regional agreements.
| Author | : Stefan Griller |
| Publisher | : Oxford University Press |
| Total Pages | : 369 |
| Release | : 2017-08-15 |
| Genre | : Law |
| ISBN | : 0192536583 |
Download Mega-Regional Trade Agreements: CETA, TTIP, and TiSA Book in PDF, ePub and Kindle
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.
| Author | : Panos Delimatsis |
| Publisher | : |
| Total Pages | : 37 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
Download The Evolution of the EU External Trade Policy in Services - CETA, TTIP and TiSA After Brexit Book in PDF, ePub and Kindle
The conclusion of the Transatlantic Trade and Investment Partnership (TTIP) constitutes a priority and key component of the external trade policy of the European Union (EU). It is also an immediate follow-up to several years of regulatory cooperation between the two global trade powers. In an era of megaregionals, services is the only area where significant negotiating traction exists at the bilateral and multilateral level. However, recent events such as the imminent Brexit and the withdrawal of the US from the Transpacific Partnership (TPP) cast doubt on the future of trade deals. Even so, services remain a key sector of export interest for the EU and thus completing agreements such as the TTIP or the Trade in Services Agreement (TiSA) is of crucial importance, allowing the EU to create new opportunities for service suppliers but also to reshape the regulatory philosophy governing the future regulation of global trade in services. With respect to TTIP, the EU Commission, backed by the EU executive, has advanced an ambitious agenda and submitted a conditional offer to the US, hoping for further liberalization on the two sides of the Atlantic. Against this backdrop, this article offers a critical account of the EU external trade policy, focusing on the EU's recent external action with respect to services liberalization. The article advances three theses: first, that such ambitious agreements mark a new era of offensive services strategy which however is contained by internal conflicts and disagreements regarding certain still sensitive silos such as audiovisual or public services - and Brexit shall exacerbate such internal conflicts in the medium run; second, that megaregionals can be used to accelerate domestic regulatory reform and openness in the service sector; and, third, that TiSA will constitute a litmus test for the EU's commitment to the WTO cause. When appropriate, the article draws parallels with existing EU legislation and case-law; other EU Free Trade Agreements (FTAs) such as the recently concluded Comprehensive Economic and Trade Agreement (CETA) with Canada; the General Agreement on Trade in Services (GATS); and TiSA.
| Author | : Peter Draper |
| Publisher | : |
| Total Pages | : |
| Release | : 2014 |
| Genre | : |
| ISBN | : |
Download Mega-regional Trade Agreements Book in PDF, ePub and Kindle
In the wake of the ninth WTO ministerial conference in Bali, in December 2013, there is renewed optimism that the WTO can deliver something. The time is therefore right for member states to strategically reappraise their positions in the context of their overarching domestic and regional trade strategies. Central to any appraisal is the new geopolitical reality represented by the free trade agreements (FTAs) being negotiated by the major industrial powers. Led by the U.S., the Trans Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) are wide in scope and deep in ambition. They are laden with many implications for non-party states and for the global trading system. Partly a product of the impasse in the WTO, these potential agreements have also sucked negotiating energy out of the WTO. These FTAs are also a product of the geopolitical rise of China, to the point where it is not far from asserting leadership of the global trading system. Therefore, the U.S. and its EU counterparts are also driven by their own geopolitical imperative of locking in access to key markets and regions, a thrust that has direct implications for ACP member states. Not surprisingly, China and other major developing economies are responding with initiatives of their own, such as the Regional Cooperation in Asia and the Pacific negotiations. Hence there is renewed impetus behind FTA negotiations across the world. (...).
| Author | : Andreas Zumbühl |
| Publisher | : |
| Total Pages | : |
| Release | : 2014 |
| Genre | : |
| ISBN | : |
Download Sequential Liberalization of Mega-Regional Trade Agreements Book in PDF, ePub and Kindle
This paper is concerned with the development of three mega-FTAs, the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP) and the Transatlantic Trade and Investment Partnership (TTIP). It puts the focus on the interdependent relation between them and tries to explain the development with sequential liberalization strategies. The analysis is done with a case study of the conclusion of the Uruguay Round, the so-called triple play between NAFTA, APEC and GATT. From this triple play, five lessons were deduced according to which the mega-FTAs will be analyzed. These lessons are size matters, open regionalism, leveraging negotiations, American leadership and timing matters. Generally, it can be said that the logic, which led to the conclusion of the Uruguay Round at least explains the initiation of this new round of trade agreements, which have the potential to significantly influence the world trading system. However, it remains highly uncertain whether the negotiations will ever be concluded successfully.
| Author | : G. Badri Narayanan |
| Publisher | : |
| Total Pages | : 34 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
Download Quantifying the Mega-regional Trade Agreements Book in PDF, ePub and Kindle
Major developments in trade policy are currently taking place in the mega-regional trade agreements, in particular in the Trans-Pacific Partnership, the Trans-Atlantic Trade and Investment Partnership, and the Trade in Services Agreement. These agreements are setting new standards and breaking new ground in setting the rules for global commerce. In addition, a large number of other agreements are incorporating state-of-the-art provisions governing at least some aspects of trade and investment. These include the Regional Comprehensive Economic Partnership, the Tripartite Free Trade Agreement, and a large number of bilateral trade and investment agreements. Complementing and internalizing the recent WTO Trade Facilitation Agreement, these agreements are introducing new WTO-plus rules for services and investment, addressing emerging issues, such as electronic commerce and the role of state-owned enterprises, and introducing whole new subject areas to agreements. There is deep interest in understanding the impact of these new developments, both on the part of policy makers in countries that are party to the negotiations and in countries that are excluded, but which will nonetheless be affected by the new standards and rules. Traditional quantitative trade models are being adapted to provide comprehensive answers. This paper reviews these models and considers the extent to which they capture the full effects of the new age agreements. We find that the most comprehensive approach to modelling the mega-regionals is to employ a Computable General Equilibrium model of the type used for multi-sector, multi-region trade analysis. These are the only models with sufficient structural features to capture the main focus areas of the mega-regionals, namely services, investment, and the new -- behind the border‖ issues, while still covering the traditional areas of liberalization, such as tariffs and at least some features of agricultural trade. However, given the wide range of CGE models with different features, inevitably the impact of mega-regionals is probably best captured by meta-analysis of a suite of CGE-based studies, drawing on satellite models for additional structural detail and on sufficient statistics estimates as reality checks.
| Author | : Tatiana Kakara |
| Publisher | : |
| Total Pages | : 40 |
| Release | : 2020 |
| Genre | : |
| ISBN | : |
Download Mega-regionals and the EU-Japan Economic Partnership Agreement Book in PDF, ePub and Kindle
The turn of the European Union (EU) towards the conclusion of mega-regional free trade agreements (FTAs) in the past decade signified the beginning of an ambitious trade policy. Although initially marked by limited success and civil society opposition in certain cases, some of the EU’s mega-regional projects have borne fruits. A recent example of such a comprehensive agreement is the EU-Japan Economic Partnership Agreement (EPA). Drawing on historical institutionalism, this paper aims to explain why the EU negotiates mega-regional FTAs, to illustrate these motivations through a case study of the EU-Japan EPA, and to examine likely implications of EU mega-regionals for the partners to the agreements, third countries and the multilateral trading system. The paper argues that the stalemate of the World Trade Organisation (WTO), which triggered the 2006 Global Europe Strategy, constitutes a critical juncture that opened the path towards mega-regional agreements. Furthermore, the EU’s long-standing practice of promoting rules and values in its trade relations, as well as the more recent path created by the ‘template’ of the Comprehensive Economic and Trade Agreement between the EU and Canada (CETA), contribute to the motivations of the EU to conclude mega-regionals. In the case of the EU-Japan EPA, agreements such as the Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and CETA acted as critical junctures. Power asymmetries and bargaining help explain how the EU and Japan succeeded in negotiating a comprehensive EPA, including some pioneering elements such as climate change and corporate governance. Among the likely implications of EU mega-regionals are positive feedback effects, such as economic growth for the partners to the mega-regionals, domino effects inducing non-members of mega-regionals to join the bloc, as well as the (unintended) consequences of mega-regionals for the multilateral trading system.
