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Trade Policy Issues in the Wider Europe – That Led to War and Not Yet to Peace
Report

Trade Policy Issues in the Wider Europe – That Led to War and Not Yet to Peace

Michael Emerson
CEPS, 2014
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Editorial Rating

8

Qualities

  • Analytical
  • Innovative
  • Background

Recommendation

Trade alliances in the European region and around the world are a complex latticework of often-conflicting relationships. As wider Europe and the Eurasian region attempt to foster collaborative trade arrangements, Russia has opted out, choosing isolation over inclusion, conflict over comity. Political economy expert Michael Emerson of the Centre for European Policy Studies offers a succinct but rich analysis of free trade’s proliferation and its economic and political implications, particularly as they relate to Ukraine. getAbstract recommends his report to global business executives, policy makers and students of international commerce.

Take-Aways

  • The failure of the Doha Round of global-level trade talks has led to a spate of bilateral, multilateral and regional trade negotiations and agreements around the world.
  • The Deep and Comprehensive Free Trade Agreements that the European Union has signed with Georgia, Moldova and Ukraine are part of the EU’s efforts to create a meaningful trading bloc in an increasingly competitive global economy.
  • Russia is economically retaliating against Ukraine by reducing its Ukrainian imports and threatening to cut the country off from the tariff benefits it enjoys under the Commonwealth of Independent States trade agreement.

About the Author

Michael Emerson is an associate senior research fellow at the Center for European Policy Studies.

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