Résumé
This article aims to address the European Union's new trade policy, expressed by the European Commission Communication "Global Europe: Competing in the World", and the ongoing negotiations to form the EU-Mercosur FTA. The Communication selected Mercosur as a priority, based on two economic criteria: The market potential and the level of protection against EU exports. Mercosur also considers such an agreement as a top priority in its agenda since it already has the EU as its main trade partner and faces many tariff and non-tariff barriers to its exports to the bloc. However, the ongoing negotiations among the two blocs that began in 1999 are still far from conclusion.
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Extrait
The Eu New Trade Policy and the Perspectives for an Eu-Mercosur Agreement
1 Introduction
One of the most prominent features of the last decade in world trade has been the revival of regional agreements, a phenomenon that has been recognized as the second wave of regionalism, in contrast to the first wave that took place in the late 1950s and 1960s.1 This second wave regionalism has gained momentum since the 1990s. The literature points out substantial differences between each trend. The new regionalism shows a much wider coverage of both goods, in most cases involving substantially all trade between its bloc members, and economic sectors, comprised of services and investments. It is also much deeper, in the sense that it goes beyond the removal of border barriers, involving common disciplines for regulatory regimes, and addresses issues s...Voir le contenu complet de ce document
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