As the world grapples with overfishing and depleting fish stocks, a global effort is underway to protect our oceans. The Agreement on Fisheries Subsidies is a significant stride towards healthier oceans and sustainable fishing practices, with the United Arab Emirates (UAE) recently becoming the seventh member of the World Trade Organization (WTO) to formally accept … Read more
The European Union (EU) has consistently supported the World Trade Organization (WTO) and the multilateral trading system it embodies. However, the EU’s recent use of trade policy to pursue its climate objectives may inadvertently undermine the very multilateral credentials it has vowed to uphold. To continue on its dual path, the EU must harmoniously integrate … Read more
The Indo-Pacific Economic Framework (IPEF): An Overview The Indo-Pacific Economic Framework (IPEF) was launched in 2022 with the primary objective of fortifying U.S. connections to the region and establishing a more robust, equitable, and resilient economy for families, workers, and businesses. The current participants include Australia, Brunei, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the … Read more
As we move deeper into what some experts have coined the “post-globalization” era, the Group of Seven (G-7), comprised of the world’s leading economic powers, is evolving its approach to international trade and finance. The recent focus on creating a mutually beneficial partnership with developing nations to build resilient supply chains exemplifies this shift. Economic … Read more
Trade relations between the United States and China have been a subject of global interest for several decades. The recent legislation on higher tariffs on Chinese imports, known as the ‘Raising Tariffs on Imports from China Act,’ introduced by Senator Josh Hawley, seeks to reduce the U.S. trade deficit. This article examines the implications of … Read more