To better understand the anatomy and challenges of EU trade and external policy action, the RESPECT project proposes two events within the framework of the 2020 State of the Union conference.
Trade Policy and the EU: Conflict or Cooperation?
The RESPECT Trade Panel
Trade policy has been in the news frequently since the United States decided in 2017 to use tariffs as an instrument to pressure countries to reform their economic policies. This is not just a US affair – globally, governments are increasingly making use of trade-related policies, especially subsidies, to bolster domestic production and exports. In the European Union, many member states use national export credit and trade promotion agencies to support exports. The trade panel will focus on factors shaping the use of trade policy instruments in a world dominated by global value chain-based specialisation and on the implications for the redesigning of international cooperation.
Realising Europe’s Soft Power in External Cooperation and Trade
The RESPECT Conference
Seismic changes in global geopolitics, increasing contestation of trade integration initiatives with third countries, and challenges to ensuring coherence across external policy initiatives at EU and Member State level are making the pursuit of EU external policy objectives more complex. The RESPECT conference will reflect on options and opportunities for better realising the EU’s soft power in achieving external policy goals set by the Lisbon Treaty and the EU’s trade and development strategy. Speakers will present and discuss the results of multidisciplinary analysis of two of the central themes of RESPECT: (i) policy coherence across instruments at EU and Member State level; and (ii) the effects of trade and trade policy on non-trade policy objectives (NTPOs) relating to issues such as labor standards, political and civil rights and protection of the environment.