From NAFTA to USMCA: Two’s Company, Three’s a Crowd

The renegotiation of NAFTA was surrounded by a dramatic atmosphere, just as Canadian Minister of Foreign Affairs Chrystia Freeland predicted. The negotiations took place against a backdrop of unilateral trade measures, President Trump’s mercantilist approach to trade policy, and the United States’ specified preference for bilateral trade deals. This article argues that, for the most part, economic, political and cultural relations in the NAFTA countries are bilateral in nature, but with important trilateral production chains in specific sectors, most notably in the automotive sector.

Indonesia-Bangladesh Bilateral Trade and Economic Affairs

The Centre for World Trade Studies (CWTS) UGM has been working on a joint-study with Indonesian Coordinating Ministry of Economy which presents a review on Indonesia-Bangladesh Bilateral Trade and Economic Affairs. Both countries have agreed to boost economic ties by negotiating a preferential trade agreement in 2016. CWTS helps the Ministry to measure the competitiveness of Indonesian commodities in Bangladesh market and vice-versa. They also conducted a research on investment opportunities that would benefit investors for both Asian states.

MGT 2151(3) - REGIONAL INTEGRATION AND INTERNATIONAL INSTITUTIONS

Establishment of RTAs under Article XXIV of the WTO, Protectionism vs. Free Trade, International Relations, Level of economic integration, Economic costs and benefits of RTAs, Social costs and benefits of RTAs, Gains from trade, Regional Policy in the African region, a review of the main RTB including SADC, COMESA, EU/EPA, IOC/ IOR, ASEAN and NAFTA, History and evolution of main international institutions including the IMF, WTO, World Bank, UNCTAD and SARPP.

Analyzing the effect of intra-regional and inter-regional trade integration schemes of the GCC countries

The Gulf Cooperation Council (GCC) countries are part of numerous free or preferential trade areas and are in the process of completing or negotiating others outside the Middle East and North Africa Region (MENA). In this proposed study we evaluate empirically whether fostering trade partnership within the region is a better incentive for the GCC than engaging into preferential trade arrangements with well-established trade blocs outside the region.

Regional Trade Policy Course

For the Fourth consecutive time and in collaboration with WTO, SQU held the Regional Trade Policy Course (RTPC) for the Middle East and North African Countries (MENA) starting on October 8 to November 30, 2017 and running for 8 weeks.

Bsc International Business and Finance/ Bsc Banking and Fin/Bsc Finance

Bsc International Business and Finance/ Bsc Banking and Fin/Bsc Finance: DFA 3136(5) - REGIONALISM AND DEVELOPING COUNTRIES

The WTO and regional integration: economic and legal aspects of regulation

In the book, the regulation of international economic relations is examined on the basis of an interdisciplinary approach, i.e. not only from legal, but also political and economic perspectives. The book explores the basic principles of international economic law, the rules and norms of the World Trade Organization as well as economic and legal context of regional integration on the example of the European Union.

Recent Developments in Russian Trade Policy: Special Case of Trade Facilitation within the Eurasian Economic Union

Trade facilitation is one of the key trends in the international trading system development. Respective World Trade Organization (WTO) agreement – Trade Facilitation Agreement (TFA) is one of really few tangible achievements during Doha round of multilateral trade negotiations. Russian Federation, being a full-fledged member of the organization from 2012, signed and ratified it. Trade facilitation per se could help to improve key indicators of Russian foreign trade and hence contribute national economy performance in general.

Customs unions of commodity exporting countries: advantages and problems

A descriptive analysis of foreign trade statistics of developing countries shows that among the customs unions (CU) member states, the majority are primarily exporters of commodities (their share in exports is above 50%), while countries whose exports are dominated by processed products prefer to conclude free trade agreements. It is well known that raw materials and fuel dominate in the export of most countries of the Eurasian Economic Union (EAEU).

Two models of regional integration in Latin America

The author compares two types of regional trade agreements (RTA) in Latin America. First (historically) - based on Balassa scheme and leading to the customs unions, and second, going in line with open regionalism. He tests the correlation of the participation of countries to the first (more closed) or second types of RTA with the product structure of their export, and finds, that exporters of commodities tend to prefer customs unions.