Tag Archives: fta

Free trade (not agreements) will make Britain great

To judge from most of the “progressive” press and my Twitter feed, there is a great deal of ruin in Brexit. I hear that Britain is so integrated into the EU it will be rootless outside. The UK, I’m told, will need to ‘rejoin’ the WTO after Brexit. It has no trade agreements other than […]

Eminent call-girls

Aaargh! Yet another knee-jerk call in the Financial Times for “wise” men (and women) to guide WTO out of it’s slough. Third, in lieu of the WTO ministerial, a group of eminent people should be appointed with the task finding a way out of the current doldrums and outlining future courses of action. The head […]

Competition policy in PTAs

Here’s a surprise…or is it? According to the WTO’s 2011 annual report, the most common WTO-extension (WTO-X) provision of preferential trade agreements (PTAs) is in a domain that the WTO dropped from its negotiating agenda in 2003: competition policy. Research for the WTO’s 2011 Annual Report shows that 90 of the 96 PTAs examined have […]

WTO embraces the irresistible

WTO’s annual World Trade Report for 2011 signals a turning-point for the soon-to-be-Doha-less Organization. It attempts to provide a rationale for abandoning WTO’s half-hostile stand-off with the more dynamic universe of preferential trade agreements (PTAs) and for embracing PTAs instead. Or, as the subtitle of the report puts it, in EU-ese, a rationale for moving […]

Sounds good, but…

The current Labor government, unlike the Hawke governments, seems bent on announcing major public policies as faits accomplis and consulting on the rationale and implementation only afterwards…if at all. “Trade Minister Craig Emerson, who was Bob Hawke’s economic adviser, will announce the new [trade] policy today. It follows debate within Labor about how to tackle […]

Sutherland report on the Future of WTO

WTO has published a report commissioned for its tenth anniversary from a group of ‘wise men’—chaired by former Director-General Peter Sutherland and including some of the usual suspects—on how to make the Organization more credible and more functional. The 37 recommendations include some floggings for hobby horses (‘free trade agreements’); dubious faith in the ability […]