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Common Trade Policy Trans-Atlantic Relations. of the EU. History. GATT 1947 Treaty of Rome 1957 WTO 1994..........EC representation, CTP (Preferencies). Stucture of the lecture:. EU15 and EU25 in trade statistics History of CTradeP and relations International trade policy instruments

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Presentation Transcript
history
History
  • GATT 1947
  • Treaty of Rome 1957
  • WTO 1994..........EC representation, CTP (Preferencies)
stucture of the lecture
Stucture of the lecture:
  • EU15 and EU25 in trade statistics
  • History of CTradeP and relations
  • International trade policy instruments
  • EC Prafential pyramid
  • TAR
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 import partners:
eu25 m ajor 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 export partners:
eu25 major trade partners
USA

China

Switzerland

Russia

Japan

Norway

Turkey

Korea

Canada

Taiwan

Brazil

India

Singapore

Romania

South Africa

Hong Kong

EU25 major trade partners
ctp relations
CTP relations
    • 2nd pillar :
  • WEU (Brussel 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 relations1
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)
  • Licences (only national level)
ec pyramid of preferencies
EC Pyramid of preferencies

MS

EEA

LOME: APC

ASSOCIATED C.

Bilateral agreements

GSP under UNCTAD

MFN under GATT,WTO

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

slide12
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..