This week in the Asia-Pacific: Korea and Thailand are negotiating their own bilateral trade accord.
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THINK TANK: Geopolitics and trade, freeports, EV tariffs
In this week’s think tank column: geopolitics and real patterns of trade, electric vehicle tariffs (yet again), and the future of United Kingdom freeports under Labour.
ASIA TRADE: Green trade ACCTS deal done, Taiwan-Thailand
Deals were inked in Asia this week: A sustainability agreement between Costa Rica, Iceland, New Zealand and Switzerland and Taiwan and Thailand upgraded their investment agreement.
THINK TANK: US China after elections, EU China EVs, WTO digital trade, pre-WWII trade
In this week’s think tank edition: How the US-China trade rivalry could play out after the US elections, a new reminder of the importance of digital trade and reforming the World Trade Organization, and why the European Union’s reasons for imposing tariffs on Chinese electric vehicles are strategic. Also, William …
THINK TANK: OECD on industrial subsidies and services, Chinese EV investments
This week’s think tank column has selected two substantive OECD reports: one report sheds light on industrial subsidies and propose ways forward to discipline them, the other highlights the role of services in helping foster green tech resilience. The French think tank CEPII highlighted the role of production location for …
EU extends steel safeguard for final two years
The European Commission is extending a steel import safeguard it introduced in 2018 for another two years, until 30 July 2026. The decision is flanked by a range of adjustments, such as capturing imports from Mozambique. The European Union will also cap how much steel any country can monopolise within generic quotas. …
AEGIS calls for relaxation of EU trade defence rules
The alliance of European Union industries AEGIS Europe is calling on Brussels to step up its trade defensive action against China ahead of a coming leadership reshuffle following European Parliament elections.
ASIA TRADE: Korea seeks mineral deal, Sri Lanka-Malaysia, Japan-Chile
This week in Asian trade policy: South Korea’s president toured Central Asia and signed deals on critical mineral supply chains. Sri Lanka and Malaysia agreed to begin negotiations on a free trade agreement – and Japan and Chile upgraded cooperation on mineral resources.
THINK TANK: Malmström on EU elections, China, industrial policy, ASEAN, critical minerals
This week’s international think tanks’ focus: the trade implications from the European Union’s elections, reducing EU reliance on Chinese supply chains, the realities of United States’s industrial policy, ASEAN’s digital trade agenda – and streamlining EU action on critical raw materials.
Blog: The EU’s gripes against Algeria and its import substitution drive
On Friday the European Commission announced it was initiating a new bilateral legal dispute with Algeria under their joint Association Agreement in force since 2005. The ‘note verbale’ it sent to the Algerian government sets out the details of its complaint.
