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Competitive Liberalization and a US-SACU FTA

Competitive Liberalization and a US-SACU FTA PDF Author: John Whalley
Publisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 37

Book Description
This paper evaluates a possible US-SACU (Southern African Customs Union) free trade agreement as part of a US approach to new preferential trade agreements characterized by the term competitive liberalization.' This is the idea that competition among large countries (US/EU) to negotiate preferential arrangements with smaller countries or regions will lower barriers, and eventually add fresh impulse to new multilateral WTO negotiations. In commercial policy terms, the US interest in such an arrangement lies in improved access to a smaller but more protected market where the EU already has preferential arrangements, and the SACU interest lies in improved access to a much larger but less protected market. There is also a SACU interest in weakening the trade restrictive effects of MFA quotas in the US for apparel imports. The risk of entrapment in extremely complex rules of origin arrangements which at times close markets (as in NAFTA and other US bilaterals) is a concern for SACU. Also, gains to SACU may be only temporary because of the US proposal to eliminate non agricultural tariffs entirely in the WTO by 2015. In key non commodity trade areas (services, investment, intellectual property, temporary entry of business persons), if other US bilaterals are any guide most liberalization requested will be heavily asymmetric if not unilateral on the SACU side. SACU does not currently cover any of these items since it is only a customs union, and prior negotiation will be needed among SACU countries. SACU also clearly has an interest in coordinating its negotiation with other US bilateral negotiating partners. These and other barriers to negotiation (including negotiating capacity constraints in several SACU members) will influence the outcome of negotiations.

Competitive Liberalization and a US-SACU FTA

Competitive Liberalization and a US-SACU FTA PDF Author: John Whalley
Publisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 37

Book Description
This paper evaluates a possible US-SACU (Southern African Customs Union) free trade agreement as part of a US approach to new preferential trade agreements characterized by the term competitive liberalization.' This is the idea that competition among large countries (US/EU) to negotiate preferential arrangements with smaller countries or regions will lower barriers, and eventually add fresh impulse to new multilateral WTO negotiations. In commercial policy terms, the US interest in such an arrangement lies in improved access to a smaller but more protected market where the EU already has preferential arrangements, and the SACU interest lies in improved access to a much larger but less protected market. There is also a SACU interest in weakening the trade restrictive effects of MFA quotas in the US for apparel imports. The risk of entrapment in extremely complex rules of origin arrangements which at times close markets (as in NAFTA and other US bilaterals) is a concern for SACU. Also, gains to SACU may be only temporary because of the US proposal to eliminate non agricultural tariffs entirely in the WTO by 2015. In key non commodity trade areas (services, investment, intellectual property, temporary entry of business persons), if other US bilaterals are any guide most liberalization requested will be heavily asymmetric if not unilateral on the SACU side. SACU does not currently cover any of these items since it is only a customs union, and prior negotiation will be needed among SACU countries. SACU also clearly has an interest in coordinating its negotiation with other US bilateral negotiating partners. These and other barriers to negotiation (including negotiating capacity constraints in several SACU members) will influence the outcome of negotiations.

Free Trade Agreements

Free Trade Agreements PDF Author: Jeffrey J Schott
Publisher: Columbia University Press
ISBN: 0881324582
Category : Political Science
Languages : en
Pages : 468

Book Description
In this conference volume, distinguished economists and trade policymakers address the US initiatives to enter into free trade negotiations with a broad range of countries in the Asia-Pacific region, the Western Hemisphere, and Africa. The sheer number of these initiatives is unprecedented and has provoked major policy questions concerning US interests in the negotiations, the setting of priorities among the many contenders for concluding free trade agreements (FTAs) with the United States, the objectives of those trading partners, and the implications that these agreements could have for broader initiatives such as the Doha Round in the World Trade Organization and the Free Trade Area of the Americas. The papers in the volume were presented during a conference on FTAs and US trade policy, sponsored by the Institute in May 2003. The editor, Jeffrey Schott, summarizes the policy implications drawn from the conference papers and discussions, which are organized around several topics: the conceptual case for FTAs and how they have worked in the past; what FTAs imply for the broader global system; the specific agreements that are already being pursued (Australia, Central America, Morocco, southern Africa) or considered (ASEAN, Brazil, Egypt, Korea, and Taiwan). The volume includes a technical appendix with results of GTAP and gravity model simulations of the trade and welfare effects of the prospective agreements.

International Trade

International Trade PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 80

Book Description


Negotiating Free-trade Agreements

Negotiating Free-trade Agreements PDF Author: Walter Goode
Publisher:
ISBN: 9781921244957
Category : Australia
Languages : en
Pages : 208

Book Description


Economic Effects of a Korea-U.S. Free Trade Agreement

Economic Effects of a Korea-U.S. Free Trade Agreement PDF Author: Kōzō Kiyota
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 76

Book Description


Handbook of Deep Trade Agreements

Handbook of Deep Trade Agreements PDF Author: Aaditya Mattoo
Publisher: World Bank Publications
ISBN: 1464815542
Category : Political Science
Languages : en
Pages : 768

Book Description
Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).

Anchoring Reform with a US-Egypt Free Trade Agreement

Anchoring Reform with a US-Egypt Free Trade Agreement PDF Author:
Publisher: Peterson Institute
ISBN: 9780881325898
Category : Egypt
Languages : en
Pages : 108

Book Description
Considers the economic and political characteristics of Egypt as a potential FTA partner. This book examines the benefits and challenges in pursuing bilateral negotiations with Egypt, examines the Bush proposal for a regional arrangement, and assesses the impact of a prospective FTA on other trading partners and on the multilateral trading system.

Handbook of the International Political Economy of Trade

Handbook of the International Political Economy of Trade PDF Author: David Deese
Publisher: Edward Elgar Publishing
ISBN: 1781954992
Category : Business & Economics
Languages : en
Pages : 649

Book Description
This accessible, comprehensive and pertinent Handbook will be of interest to academics, researchers and students working in the fields of international politics, in particular political economy and foreign policy, and the economics of trade.¾ Practitio

Assessing Regional Integration in Africa V

Assessing Regional Integration in Africa V PDF Author:
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 166

Book Description
The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area

International Trade and The Impact on The U.S. Soda Ash Industry, S. Hrg. 108-576, April 15, 2004, 108-2 Hearing, *

International Trade and The Impact on The U.S. Soda Ash Industry, S. Hrg. 108-576, April 15, 2004, 108-2 Hearing, * PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 60

Book Description