EU Trade Sustainability Impact Assessments: Revisiting the Consultation Process

Bernard Hoekman and Hugo Rojas-Romagosa

No 16956, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Trade sustainability impact assessments (SIAs) are the main tool used by the European Commission to assess the potential effects of trade policy initiatives and to engage with stakeholders. SIAs have two elements: a model-based quantitative analysis and a consultation process. Both include a focus on a broad range of non-trade issues, many of which are included in sustainable development chapters of EU trade agreements. This paper argues for making consultation processes a more useful input into the design of trade cooperation. Scaled responses to a survey with closed end questions on a broad range of non-trade policy objectives combined with deliberative polling of a representative sample of survey respondents could help identify what stakeholders in the EU and partner countries perceive to be priority non-trade objectives, as well as issue-specific baselines, performance targets and appropriate instruments to apply. Building bridges between a revamped ex ante consultation process and mechanisms that encompass public and private actors to support implementation, resolve problems and assess progress over time could further help achieve trade and sustainable development goals.

Keywords: Sustainability impact assessments; Consultations; Trade negotiations; Non-trade issues; Eu (search for similar items in EconPapers)
JEL-codes: F13 J88 O19 Q01 (search for similar items in EconPapers)
Date: 2022-01
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