EU fta Negotiations with sadc and Mercosur: integration into the world economy or market access for EU firms?

The EU claims that its free trade agreements with regional organisations of developing countries can promote the respective regions' integration into the world economy. Taking as case studies EU negotiations with the Southern African Development Community and Mercosur, the paper argues that the EU a...

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Published in:Third World Quarterly Vol. 29; no. 1; pp. 181 - 198
Main Author: Robles, AlfredoC
Format: Article
Published: Taylor & Francis Ltd Feb2008
Subjects:
Online Access:View this record in EBSCOhost
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        atl: EU fta Negotiations with sadc and Mercosur: integration into the world economy or market access for EU firms?
      aug:
        au: Robles, AlfredoC
        affil: Department of International Studies, De La Salle University, Manila
      su:
        International economic relations
        International relations
        Economic policy
        Economic development
        Commercial treaties
        Business negotiation
        Foreign investments
        European Union
        Developing countries
      sug:
        subj:
          International economic relations
          International relations
          Economic policy
          Economic development
          Commercial treaties
          Business negotiation
          Foreign investments
          European Union
          Developing countries
      ab: The EU claims that its free trade agreements with regional organisations of developing countries can promote the respective regions' integration into the world economy. Taking as case studies EU negotiations with the Southern African Development Community and Mercosur, the paper argues that the EU and its partners have different conceptions of integration into the world economy. For the EU the latter simply means multilateral trade liberalisation under the wto, while, for its partners, it involves increasing industrial production and exports of manufactured products. If the latter notion is accepted, an fta with the EU should increase European foreign direct investment into the region or at least increase their trade surpluses, thus increasing the resources available for support of local firms. The paper argues that an fta with the EU will not be likely to produce these results; thus the fta will simply be an instrument to promote market access for EU firms.
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    language: English
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