Trade Developments and Policy

Publications

Events

  • Thursday, 7 June, 2012 - 12:00 - 14:30
    
    • Mirzha de Manuel, ECMI-CEPS Researcher
    • Edouard Vieillefond, Managing Director, Autorité des Marchés Financiers (AMF)
    • Sylvie Goulard, Member of the European Parliament [tbc]
    • Jean-Baptiste de Franssu, Chairman, Incipit and former President, EFAMA
    • Graziella Marras, Director of Capital Markets Policy, CFA Institute

    On the occasion of the launch of their report «Rethinking Asset Management» ECMI-CEPS and the CFA Institute will host a debate in Paris on retail investor...

  • Wednesday, 6 June, 2012 - 13:15 - 15:00
    
    • Keynote Speech by Steven Maijoor, Chairman, European Securities and Markets Authority (ESMA)
    • Wolf Klinz, MEP and Member of the Economic and Monetary Affairs Committee
    • Donato Masciandaro, Chair in Economics of Financial Regulation, Bocconi University
    • Fabrice Demarigny, Head of Capital Markets, Mazars, and former Secretary General, Committee of European Securities Regulators (CESR)
    • Tony Bromell, Head of Integrity &
    • Markets, ICAEW

    For more information on the event please visit: www.eurocapitalmarkets.org/independence

    This event is organised with the support of ICAEW.

    Participation in this meeting is a benefit...

  • Tuesday, 5 June, 2012 - 12:00 - 14:30
    
    • Diego Canga-Fano, Head of Cabinet of Vice-President Antonio Tajani
    • Simon Henry, Chief Financial Officer, Royal Dutch Shell

    This debate will explore regulatory pathways to realise the goal of EU competitiveness with specific reference to financial sector stability and the shift to a low carbon, competitive economy. A central policy challenge is to balance short term pressures with long term policy goals. How can...

  • Tuesday, 5 June, 2012 - 09:30 - 16:00
    
    • Gabriel Bernardino, European Insurance and Occupational Pensions Authority (EIOPA)
    • Francesco Mazzaferro, European Systemic Risk Board (ESRB)
    • Sven Giegold, MEP, and Shadow Rapporteur for Omnibus II
    • Karel Van Hulle, European Commission
    • See programme for full list of speakers

    Second in a series of high-level roundtables organised by the CEPS Financial Institutions Unit on the future of financial regulation in Europe. These will gather researchers, industry experts, and key policy-makers to debate the future design and potential consequences of forthcoming financial...

  • Monday, 4 June, 2012 - 13:15 - 14:30
    
    • Tigran Sargsyan, Prime Minister of the Republic of Armenia.

    Since the collapse of the Soviet Union, the EU has consistently worked to strengthen its ties with Armenia through various bilateral, regional and multilateral policies, such as the European Neighbourhood Policy, Black Sea Synergy and the Eastern Partnership. The recent launch of negotiations on...

  • Wednesday, 30 May, 2012 - 11:00 - 17:30
    
    • Sascha-Dominik Bachmann, University of Portsmouth
    • Mary Martin, London School of Economics and Political Science
    • Jocelyn Mawdsley, Newcastle University
    • Elena Peresso, Cabinet of Karel De Gucht, EU Trade Commissioner
    • Patrick Simonnet, DG Development and Cooperation, European Commission
    • Giovanni Faleg, London School of Economics and Political Science
    • Benedetta Voltolini, London School of Economics and Political Sciences
    • See programme for full list of speakers

    A stakeholder workshop in cooperation with the School of Politics and International Relations and the “Integrating Global Society” Scheme of the University of Nottingham. Click here to see the programme.

    ...

  • Thursday, 24 May, 2012 - 18:00 - 19:30
    
    • David Mark, Senior Editor, Politico

    David Mark is a senior editor at POLITICO, which he joined in October 2006. David is also author of “Going Dirty: The Art of Negative Campaigning” (Rowman & Littlefield; 3rd edition, 2009), which has been widely adopted in political science courses and was featured on “The...

  • Tuesday, 22 May, 2012 - 10:00 - 13:00
    
    • Mike Hough, Institute for Criminal Policy Research, Birkbeck, University of London
    • Jonathan Jackson, Methodology Institute, London School of Economics

    Participation in this meeting is free of charge. An informal lunch will be served from 13.00 onwards. For catering purposes, please register by sending an email to Mary Keane: m.keane@city.ac.uk

    This seminar, the first of the European Social Survey...

  • Tuesday, 15 May, 2012 - 13:15 - 14:30
    
    • Anton Brender, Chief Economist, Dexia Asset Management, and Associate Professor, Paris-Dauphine University
    • Florence Pisani, Economist, Dexia Asset Management
    • Emile Gagna, Economist, Dexia Asset Management

    Launch of a new CEPS Paperback.

    Participation in CEPS meetings is a benefit of membership. Non-members may be admitted for €50, paid in cash at registration. A sandwich lunch (€6) will be served before the event, from 12.30 onwards.

  • Thursday, 10 May, 2012 - 13:30 - 14:45
    
    • Christine Reh, University College London
    • Una O'Dwyerm Senior Fellow, European Institute of Public Administration
    • Lukas Obholzer, London School of Economics &
    • Political Science
    • Andrew Duff, MEP

    Since their introduction in 1999, first-reading agreements under the EU’s codecision procedure have increased dramatically, from 28% in the 5th EP to 77% in the on-going legislative period. Early agreements have been praised for their efficiency and inter-institutional compromise; at the...

  • Monday, 7 May, 2012 - 13:15 - 14:30
    
    • Katja Yafimava, Research Fellow, Oxford Institute for Energy Studies (OIES)

    Launch of a book published by Oxford University Press. The first study to provide an in-depth analysis of market, legal/regulatory, and energy security aspects of the transit of Russian gas to Europe across western CIS countries – Ukraine, Belarus, and Moldova – to Europe. The book analyses how...

  • Friday, 4 May, 2012 - 13:15 - 14:30
    
    • Andreas Barner, Chairman, Boehringer Ingelheim GmbH
    • Reinhold Achatz, Head of Corporate Center, Innovation and Quality, ThyssenKrupp
    • Jürgen Leohold, Executive Director, Volkswagen AG
    • Andrea Renda, Senior Research Fellow, CEPS
    • Dominique Ristori, Director General, Joint Research Centre, European Commission
    • Hugues-Arnaud Mayer, President of the Innovation Committee and Executive Committee, Mouvement des Entreprises de France (MEDEF)

    Lunchtime meeting organised by CEPS in cooperation with the Federation of German Industries (BDI)

    Presentation of the study ”Germany 2030 – Future perspectives for value creation”.

    Click here to download the programme...

  • Thursday, 3 May, 2012 - 13:15 - 14:30
    
    • Mauro Petriccione, Director, DG TRADE, European Commission
    • Catherine Dickson, Head of the Trade and Economic Policy Section, Mission of Canada to the EU
    • Jason Langrish, Executive Director, Canada Europe Roundtable for Business

    Participation in CEPS meetings is a benefit of membership. Non-members may be admitted for €50, paid in cash at registration. A sandwich lunch (€6) will be served before the meeting, from 12.30 onwards.

  • Friday, 27 April, 2012 - 09:00 - 17:00
    
    • Keynote Speech by Algirdas Šemeta, European Commissioner responsible for taxation and customs union, audit and anti-fraud
    • Emrah Arbak, Researcher, CEPS
    • John Vella, Senior Research Fellow, Oxford University
    • Jing Xing, Research Fellow, Oxford University
    • Alfons Weichenrieder, Professor, Goethe University Frankfurt
    • Shafik Hebous, Chair of Public Finance, Goethe University Frankfurt
    • Giorgia Maffini, Research Fellow, Oxford University
    • Simon Loretz, Professor, Oxford University

    With steps towards an ever-closer union and emerging proposals to address budgetary concerns, tax policy is perhaps more than ever at the forefront of policy debate in the EU. The impact of fiscal policies on economic growth and stability,...

  • Thursday, 26 April, 2012 - 13:15 - 14:30
    
    • Robert W. Crandall, Senior Fellow, Brookings Institution
    • Andrea Renda, Senior Fellow, CEPS
    • Eduardo Martínez Rivero, Head of Unit Antitrust Telecoms, DG COMP, European Commission

    Participation in CEPS meetings is a benefit of membership. Non-members may be admitted for €50, paid in cash at registration. A sandwich lunch (€6) will be served before the event, from 12.30 onwards.

  • Wednesday, 25 April, 2012 - 16:30 - 17:45
    
    • Ambassador Miriam Sapiro, Deputy U.S. Trade Representative

    Due to unforeseen circumstances independent of our will, this event is canceled.

  • Tuesday, 24 April, 2012 - 11:00 - 13:00
    
    • Poul Skytte Christoffersen, Ambassador of Denmark to Belgium
    • Derk-Jan Eppink, MEP, Vice-chairman of the European Conservatives and Reformists Group
    • Luuk Van Middelaar, Member of the Cabinet of President Van Rompuy

    CEPS-EPIN Seminar. Current areas of differentiated integration include economic and monetary union (EMU) and the Schengen Area. But how will differentiated integration look like in the future? To what policy areas can or should it expand? What does future differentiated integration hold for the...

  • Thursday, 19 April, 2012 - 13:00 - 14:30
    
    • Jean Baptiste de Franssu, CEO, INCIPIT, and Chair of the task force Rethinking Asset Management
    • Karel Lannoo, Senior Fellow and CEO, CEPS and ECMI
    • Mirzha de Manuel, Researcher, CEPS and ECMI
    • Tilman Lueder, Head of Unit, Asset Management, DG Internal Market and Services, European Commission
    • Prof. Marco Lamandini, University of Bologna, Academic Member of the Board of ECMI
    • Nitin Mehta, Managing Director for Europe, Middle East, and Africa, CFA Institute

    After several months of intense work, CEPS will present on April 19 the final report of its task force 'Rethinking Asset Management'. With the participation of Tilman Lueder, Head of Unit at the European Commission, this event will present the policy recommendations put forward by task...

  • Monday, 16 April, 2012 - 13:15 - 14:30
    
    • Viviane Reding, Vice-President of the European Commission, responsible for Justice, Fundamental Rights and Citizenship

    Presentation of the European Commission's Annual Report on the Application of the EU Charter of Fundamental Rights.

    Participation in CEPS meetings is a benefit of membership. Non-member may be admitted for €50, paid in cash at registration. A sandwich lunch (€6) will be...

  • Thursday, 12 April, 2012 - 09:00 - 13:00
    
    • Thomas Broeng Jørgensen, Director, Danish FSA and Co-chairing the CRD/CRR working group
    • Adam Farkas, Executive Director, European Banking Authority (EBA)
    • Francesco Mazzaferro, Head of Secretariat, European Systemic Risk Board (ESRB)
    • Sven Giegold, MEP (Greens/EFA)
    • Thierry Philipponnat, Secretary General, Finance Watch
    • Stefano Micossi, Director General, Assonime, and Member of the CEPS Board of Directors
    • See programme for full list of speakers

    This is the first of a series of high-level roundtables organised by the CEPS Financial Institutions Unit on the future of financial regulation in Europe. These will gather researchers, industry experts, and key policy-makers to debate the future design and potential consequences of forthcoming...

Projects

Regulatory Policy, Trade Developments
October 2010 - July 2015

 

Trade Developments
January 2010 - September 2013

 

Economic Policy, Trade Developments
March 2010 - February 2013

 

Trade Developments
November 2010

 

Economic Policy, Justice and Home Affairs, Trade Developments
July 2008 - July 2010

 

Trade Developments
January 2010 - March 2010

 

Trade Developments and Policy

Core issues

The core issues of the trade policy unit have evolved in line with changes in the policy agenda. During the early years of the 2004 enlargement, the focus of the unit was on the development of trade and investment relations with the ‘new periphery’ as well as EU’s trade relation with its exiting (e.g. US and Japan) and emerging trade partners (e.g. China and ASEAN). Later the policy agenda have concentrated on the developments in multilateral trade negotiations and the Doha Development Agenda as there was a moratorium on bilateral negotiation by the then commissioner Pascal Lamy.

Today the priority of the EU’s trade policy is still unarguably the completion of the Doha Round of trade negotiations that started in November 2001. The Doha Round encompasses a wide variety of subjects such as rules and services as well as agriculture and non-agricultural market access and implementation of past agreements. The original deadline of 2005 for the completion of negotiations was missed and the negotiations were suspended after the Geneva Ministerial in 2006. Since then the focus of the EU’s trade policy has shifted to a new generation of emerging free trade agreements à la Global Europe.

The core issues for the EU’s future trade policy are i) completion of the Doha Round ii) monitoring and assessing the new bilateral free trade negotiations iii) horizontal issues such as trade and climate change, fair trade and trade defense instruments, etc. iv) existing trade and investment relations with major trade partners such US and Japan v) emerging trade partners and redefining the trade relationship with China.

Since the suspension of Doha Round of negotiations several other issues have also emerged as potentially interesting subjects for EU’s trade policy such as the governance of the WTO. Since the number of members have increased significantly in the WTO, the WTO decision making process of ‘single undertaking’ has been widely criticized by policy-makers as well as the inability of WTO to cope with emerging topics such as trade and climate change.

Future focus of unit

With specific reference to EU’s trade policy the most important development has been the start of negotiations with South Korea (concluded in July 2009), India, ASEAN and now with Canada for deep free trade agreements. There are also other free trade agreements ongoing which require special attention such as EU’s FTAs with partners of the ENP. Hence the primary policy agenda item is monitoring ongoing negotiations and an early assessment of the concluded agreements. As EU claims to be still committed to Doha Round and multilateralism, it is important to first analyze whether the new FTAs are WTO compatible and whether they can deliver the original promises of the Global Europe Communiqué. A potentially interesting topic for the unit is the new competences that will arise if and when the Lisbon Treaty is signed. One such topic of great significance is EU’s new competence to negotiate bilateral investment treaties with third parties. Currently member states negotiate individually with investment partners. It is important to address why EU needs a common investment policy and what should happen to the existing bilateral investment treaties (BITs). Other topical issues will also be on the agenda such as the trade impact of carbon border measures and liberalization of trade in environmentally friendly technologies.