Geopolitics, Geoeconomics and the EU Trade Policy: The Relationship with ASEAN (Association of Southeast Asian Nations) as a Test Case

Yeo Lay Hwee ()
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Yeo Lay Hwee: European Union Centre

Chapter Chapter 3 in The European Union and the Evolving Architectures of International Economic Agreements, 2023, pp 39-54 from Springer

Abstract: Abstract Tracing the shift in the EU’s international trade strategy through the lens of its negotiations with ASEAN and its member countries discloses interesting insights on increasing competition to shape the rules of international trade and the limits of the EU’s market power. The chapter argues that the shift in global economic power to the Asia-pacific, particularly China, and the need for the EU to stay competitive in the region vis-à-vis its economic peers such as the US and Japan, has prompted the EU to move from a bi-regional attitude to a bilateral approach towards FTAs, with limited outcomes. This perhaps points to the retreat of the EU’s influence as globalisation suffers a body blow and regionalisation becomes the driving force for trade and investments.

Keywords: EU-ASEAN FTA; Geopolitics; Geoeconomics; Regionalisation (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-2329-8_3

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DOI: 10.1007/978-981-99-2329-8_3

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