multilateral trading system - ComexMania - Your Partner in Worldwide Commerce

The European Union’s Balancing Act: Merging Climate Goals with WTO Reforms

May 24, 2023May 16, 2023 by Federico Kroupensky

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 Importance of Multilateralism in Trade: Lessons from Australia’s Relationship with China

April 17, 2023 by Federico Kroupensky

Australia’s relationship with China was severely affected when Beijing blocked the import of roughly a dozen Australian goods worth around AU$20 billion annually in May 2020. While the deteriorating political relationship between the two countries was the immediate cause, a trade deal between Beijing and Washington was also a factor. The disruptions in trade were … Read more