Introduction
When pork imports increase sharply, the Japanese government is geared to implement a special measure for protecting domestic pork producers. This urgent and temporary measure is called a “safeguard.” In the ongoing Trans-Pacific Partnership (TPP) trade negotiations, the Japanese...
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Akihiko Hirasawa
Norinchukin Research Institute co., ltd
1-1-12, Uchikanda, Chiyoda-ku
Tokyo 101-0047 Japan
e-mail: akihiko@nochuri.co.jp
ABSTRACT
Land resource endowment, which is similar among monsoon Asian countries, and income levels are the main causes of...
2015.12.09
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Traditionally Korea had been pursuing the trade policy focusing on GATT/WTO multilateral system so the country was reluctant to stimulate FTA bilateral trade agreements until 1990s. In the early 2000, Korea has shifted its international economic policy towards bilateral trade agreement through FTAs...
The EU-New Zealand Free Trade Agreement (FTA) officially entered into force on 1 May. The pact has put an end to a four-year trade drought, since Vietnam’s agreement in 2020, and the European Commission considers it a blueprint for future FTAs.
FTAs in the EU have never been a smooth ride. The first “new generation” trade agreement with Canada has had a long and troubled story and the one with Singapore required clarification from the EU Court before getting the green light.
The previous European Commission clinched provisional deals with heavyweights like Japan, Mexico, and the Mercosur bloc, formed by Argentina, Brazil, Uruguay, and Paraguay.
But the EU’s pact with New Zealand is one of a kind, and it is considered a darling by the current Commission as it – more than all the others – embodies the idea of “sustainable trade”.
The agreement is the first to wield potential sanctions for breaches of environmental or labour commitments, a measure that also aims to address European farmers’ long-standing call for “reciprocity” in production standards.
Read more here.