Weaponised Trade: A New Concept for an Increasingly Complex World
India - 12 December 2023
Trade topics: International Trade, Theories of International Trade
Weaponised Trade is the manipulation of existing trade relations to advance geopolitical objectives. This concept has gained traction on account of the twin forces of geopolitical confrontation and geo-economic fragmentation. The term 'Weaponised Trade' is progressively used within trade communities to describe trade actions perceived as politically driven, protectionist, illegitimate, or aggressive. It signifies more than just a change in language, representing a reflection of the emerging landscape of geo-economic confrontations.