EU Ttrade and TAR 07

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Common Trade Policy Trans-Atlantic Relations: 

Common Trade Policy Trans-Atlantic Relations of the EU

History: 

History GATT 1947 Treaty of Rome 1957 WTO 1994..........EC representation, CTP (Preferrencies)

Structure of the lecture:: 

Structure of the lecture: EU15 and EU25 in trade statistics History of Common Trade Policy and relations International trade policy instruments EC Preferential pyramid TAR

EU25 major import partners:: 

EU25 major import partners: China 12.3% Russia 7.8% Japan 7.2% USA 15.3% Switzerland 6.0% Norway 5.4% Turkey 3.0% Korea 2.9% Taiwan 2.3% Brazil 2.1%

EU25 major export partners:: 

EU25 major export partners: USA ………24.3% Switzerland…7.8% China ……….5.0% Russia……….4.7% Japan……..…3.9% Turkey…….…3.9% Norway………3.2% Canada…..….2.3% Australia……..2.1% Hong Kong….2.0%

EU25 major trade partners: 

EU25 major trade partners USA China Switzerland Russia Japan Norway Turkey Korea Canada Taiwan Brazil India Singapore Romania South Africa Hong Kong

CTP relations: 

CTP relations 2nd pillar : WEU (Brussels 1948) Common Foreign and Security Policy Shengen Accord (1985 5, 1990 all exc. UK,Irl) 97 incorp. to Amst. Treaty, Ac.Com. (…… moved to I. Pillar)

CTP relations: 

CTP relations Competition policy CAP Industrial policy Development policy Commercial diplomacy Ec. int. with non-members

Instruments: 

Instruments Tariffs Preferential tariffs Quotas Voluntary export restraint Anti-dumping duties Price undertakings (instead AD duties) Regulatory barriers (technical) Export subsidies (agr. only) Domestic subsidies (EC, WTO rules) Licenses (only national level)

EC Pyramid of preferencies : 

EC Pyramid of preferencies MS EEA LOME: APC ASSOCIATED C. Bilateral agreements MFN under GATT,WTO GSP under UNCTAD

Trans – Atlantic Relations: 

Trans – Atlantic Relations Historical development = Co-operation and Rivalry T-A Declaration on EC-US Relations (Nov 1990) – new institutional frame: regular meetings 1995 New Transatlantic Agenda + Joint EU-US Action Plan

TAR: 

TAR Joint EU-US Action Plan: Peace, stability and democracy round the World Response to global challenges World trade Building Cross-Atlantic bridges for companies, education, science, culture..

USA position in the world: 

USA position in the world

EU25-USA trade: 

EU25-USA trade

Structure of EU25 export to USA: 

Structure of EU25 export to USA

Structure of EU25 import from the USA: 

Structure of EU25 import from the USA

EU15-USA trade in services: 

EU15-USA trade in services

EU15-USA trade in services: 

EU15-USA trade in services

EU25 FDI with USA: 

EU25 FDI with USA

EU25 FDI with USA: 

EU25 FDI with USA