Economics at your fingertips  

EU’s New FTA Strategy: A Response to the Transformation of World Economy and Its Implications

Weidong Cheng ()
Additional contact information
Weidong Cheng: Institute of European Studies, CASS

Global Economic Observer, 2017, vol. 5, issue 1, 16-23

Abstract: Since the EU published the Communication of “Global Europe: Competing in the world” in 2006, EU’s practice in free trade agreements (FTAs) has been a remarkable phenomenon. It does not only involve the EU’s trade preferences, but it also has some impacts on the development of international trade rules and international trade order. The main purpose of the EU’s new FTAs is to maintain and further enhance the EU’s competitiveness and to gain more from the world economic growth. To achieve this objective, the EU has being tried to get involved multiple strategies. It should be noticed that the EU’s FTAs strategy and practice do not only have impacts on the EU itself, but also, inevitably, they have some geopolitical implications. Although it is understandable that the EU is trying to pursue its own objectives by negotiating new FTAs, it cannot be neglected the potential negative effects of the EU’s FTA strategy on the development of world economy.

Keywords: European Union; trade; FTA; world economy; strategy (search for similar items in EconPapers)
Date: 2017-06
References: View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) ... vol5_no1_art_002.pdf First version, 2017 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Global Economic Observer is currently edited by Serghei Margulescu and Simona Moagar-Poladian

More articles in Global Economic Observer from "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences Contact information at EDIRC., Institute for World Economy of the Romanian Academy
Series data maintained by Stefan Ciucu ().

Page updated 2017-11-25
Handle: RePEc:ntu:ntugeo:vol5-iss1-17-016