International Trade

  • Asian-Latin America trade has great potential, but faces challenges.

    The Growth Potential for Asian-Latin American Trade

    Amid a recovering world economy beset by risks, the outlook for Asia–Latin America economic ties seems bright. Asia needs commodities for its dynamic global factory and Latin America has abundant natural resources. Asia needs food for its large population and Latin America has fertile agricultural land.

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  • Experts are suspicious about the TTIP goals.

    Calculating the Risks and Rewards for the U.S.-EU Transatlantic Trade and Investment Partnership (TTIP)

    Negotiations between the European Union (EU) and the United States (US) on the Transatlantic Trade and Investment Partnership (TTIP) are currently dragging on without a clear time target—no wonder in view of the highly complex topics on which to agree.  Nevertheless, international speculation is running high about the potential economic and geostrategic implications of the TTIP for the EU’s economic relations with Asia, and the People’s Republic of China (PRC) in particular.

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  • Are 'fast-track' negotiations the only path to a trade deal?

    Do Global Trade Deals Hinge on 'fast-track' Tactics?

    With the resounding Republican victory in November’s midterm elections, most pundits are despairing that Congress and President Barack Obama will find any areas for cooperation in the coming two years. If there is a potential bright spot of mutual interest, though, many believe it must be in international trade.

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  • Reforms for the TTIP are necessary so that no one loses is a priority

    EU and US Trade and Investment Partnership a Second-Best Approach

    Like the Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership, and the Free Trade Area of the Asia-Pacific, the Transatlantic Trade and Investment Partnership (TTIP) between the European Union (EU) and the United States (US) is a second-best approach to trade and investment liberalization compared to a global agreement. A global agreement is not within reach, and thus Asia, as a non-beneficiary, will incur trade losses similar to the losses that Europe would incur as a non-beneficiary of an Asia-Pacific agreement on free trade.

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  • Shipping Iron Ore Is Rough Sailing for Participants

    The Iron Ore Shipping Business is Facing Some Rough Seas

    The impact of Chinese demand on global iron ore prices is well known. A less acknowledged consequence of China’s emergence is the transformation of incentive structures in the global shipping market. Dramatic increases in freight rates shifted global iron ore producers’ comparative advantage further in favour of Australian exporters to the detriment of the Brazilians.

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