New challenges of the European Union trade policy in the Mediterranean

Authors

  • Eva Díez Peralta

Keywords:

European Union, mediterranean policy, deep and comprehensive free trade area, south-south trade, WTO, rules of origin, settling trade disputes, ustainable economic development

Abstract

After the wave of protets that took place in the Arab world in 2011, the EU has launched a new program to revitalize its policy in the Mediterranean and, in this way, support the consolidation of democratic transition processes undertaken in the region. So, the new Partnership for Democracy and Shared Prosperity outlines the framework of political, economic and social cooperation with the southern and eastern Mediterranean countries. This paper examines the main innovations will be introduced in the economic and trade field. Particularly, it will focus on the added value that will provide the projected the deep and comprehensive free trade areas, but first ask whether it has achieved the goal of establishing a «simple» Euro-Mediterranean free trade area, as provided in the famous Barcelona Declaration more than fifteen years ago. It will analyze also the new impetus to South-South trade, the complementarity of these FTAs with the WTO system, and, finally, discusses the main features of the new mechanism for settling trade disputes agreed with certain Arab countries. The paper concludes with a section dedicated to the reconciliation of the commercial imperatives with sustainable development and social development of the Mediterranean.

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Issue

No. 44 (2013): enero-abril

Section

STUDIES

License


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