EU-GCC Trade and Investment Relations

EU-GCC Trade and Investment Relations PDF Author: Rym Ayadi
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 50

Get Book Here

Book Description
The EU and the GCC formalised their relations in 1988 with the signature of a Cooperation Agreement and the engagement in negotiations for a free trade agreement (FTA). Despite an ambitious framework, however, political and economic relations remain limited, as evidenced by the failure to conclude the FTA. Against this backdrop, and with the growing importance of the Gulf region's trade and investment relations with Europe and the geopolitical outlook of the Arab world, this paper analyses EU-GCC trade and investment patterns over the last two decades. The paper starts by providing a summary of EU-GCC relations. In the second section, it reviews patterns in bilateral trade and foreign direct investment, and goes on to assess both parties' interests and potential gains from concluding an FTA. Finally, it asks whether a free trade deal is likely between the regions and attempts to suggest avenues for strengthening economic and political cooperation.--

EU-GCC Trade and Investment Relations

EU-GCC Trade and Investment Relations PDF Author: Rym Ayadi
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 50

Get Book Here

Book Description
The EU and the GCC formalised their relations in 1988 with the signature of a Cooperation Agreement and the engagement in negotiations for a free trade agreement (FTA). Despite an ambitious framework, however, political and economic relations remain limited, as evidenced by the failure to conclude the FTA. Against this backdrop, and with the growing importance of the Gulf region's trade and investment relations with Europe and the geopolitical outlook of the Arab world, this paper analyses EU-GCC trade and investment patterns over the last two decades. The paper starts by providing a summary of EU-GCC relations. In the second section, it reviews patterns in bilateral trade and foreign direct investment, and goes on to assess both parties' interests and potential gains from concluding an FTA. Finally, it asks whether a free trade deal is likely between the regions and attempts to suggest avenues for strengthening economic and political cooperation.--

The European Union and the Gulf Cooperation Council

The European Union and the Gulf Cooperation Council PDF Author: Adel Abdel Ghafar
Publisher: Springer Nature
ISBN: 9811602794
Category : Political Science
Languages : en
Pages : 248

Get Book Here

Book Description
This book provides a comprehensive assessment of the various dimensions of the relationship between the European Union and the Gulf Cooperation Council, and highlights how relations are yet to reach their full potential. Despite both parties sharing a number of common interests, including trade, energy, climate change, security and cultural cooperation, the multilateral cooperation framework remains limited, with most engagement taking place bilaterally, between individual European and GCC countries. The book reassesses the potential and prospects for the EU’s engagement with GCC countries based on the recalibration and reconciliation of both parties’ national and regional interests. Taking a thematic approach, each of the three sections of the book examines a key dimension of the relationship, its current status and its path forward.

Bridging the Gulf: EU-GCC Relations at a Crossroads

Bridging the Gulf: EU-GCC Relations at a Crossroads PDF Author: Silvia Colombo
Publisher: Edizioni Nuova Cultura
ISBN: 8868122847
Category : Political Science
Languages : en
Pages : 358

Get Book Here

Book Description
Relations between the European Union (EU) and the Gulf Cooperation Council (GCC) are at a crossroads. After the derailment of the negotiations for the Free Trade Agreement (FTA) in 2008, the cooperation between the two regional blocs has remained low-key in a number of different areas, while the unprecedented changes that have taken place in North Africa and the Middle East, the common neighbourhood of the EU and the GCC, have not led to a renewed, structured cooperation on foreign and security policy issues. This volume addresses the shortcomings and potential of EU-GCC relations by taking stock of their past evolution and by advancing policy recommendations as to how to revamp this strategic cooperation. In this light, it highlights the areas where greater room for manoeuvre exists in order to enhance EU-GCC relations, discusses the instruments available and sheds light on the features of the regional and international context that are likely to significantly influence the new phase in the mutual relation between the two blocs. The book is the result of the research conducted in the framework of the project ‘Sharaka – Enhancing Understanding and Cooperation in EU-GCC Relations’ co-funded by the European Commission.

The Gulf-EU Trade Relationship

The Gulf-EU Trade Relationship PDF Author: Rodney Wilson
Publisher: Emirates Center for Strategic Studies and Research
ISBN: 9948003012
Category : Antiques & Collectibles
Languages : en
Pages : 15

Get Book Here

Book Description
This paper reviews trade and financial relations between the European Union and GCC countries during the 1980s and 1990s. It examines to what extent economic relations have depended on oil prices and explores how much changing policies can affect future relations. Although much of the past and current emphasis has been on trade liberalization, the relationship arguably needs to be seen in a broader context. There are, for example, very specific educational, skills-related, and training needs in the GCC states in which there is already much European involvement, although not at the EU level. There is also considerable financial interdependence between individual European states and companies and Gulf governments. The 1989 Cooperation Agreement sets out to strengthen the relationship between the EU and the GCC and to ensure that the exchanges are covered on an inter-regional rather than a country-by-country basis. Overall, the preconditions are beginning to be put in place for more successful EU-GCC relations, especially since the new mandate was introduced in July 2001. There is a need for broader discourse, but this should not be at the expense of tackling current problems.

The Gulf-EU Trade Relationship

The Gulf-EU Trade Relationship PDF Author: Rodney Wilson
Publisher:
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 58

Get Book Here

Book Description
This paper reviews trade and financial relations between the European Union and GCC countries during the 1980s and 1990s. It examines to what extent economic relations have depended on oil prices and explores how much changing policies can affect future relations. Although much of the past and current emphasis has been on trade liberalization, the relationship arguably needs to be seen in a broader context. There are, for example, very specific educational, skills-related, and training needs in the GCC states in which there is already much European involvement, although not at the EU level. There is also considerable financial interdependence between individual European states and companies and Gulf governments. The 1989 Cooperation Agreement sets out to strengthen the relationship between the EU and the GCC and to ensure that the exchanges are covered on an inter-regional rather than a country-by-country basis. Overall, the preconditions are beginning to be put in place for more successful EU-GCC relations, especially since the new mandate was introduced in July 2001. There is a need for broader discourse, but this should not be at the expense of tackling current problems.

GCC-EU Relations and Trade Integration Patterns

GCC-EU Relations and Trade Integration Patterns PDF Author: Marco Chirullo
Publisher:
ISBN:
Category : European Union countries
Languages : en
Pages : 32

Get Book Here

Book Description
"This paper is one of a series issuing from the work of the 'Working Group for European Strategy towards the Gulf" which the Mediterranean Programme of the RSCAS has organised in co-operation with the Bertelsmann Foundation and the Bertelsmann Group of Policy Research at the Center of Applied Policy Research, University of Munich."

Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa

Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa PDF Author:
Publisher: World Bank Publications
ISBN: 0821377779
Category : Africa, North
Languages : en
Pages : 220

Get Book Here

Book Description
China and India's spectacular economic rise over the last two decades has accelerated their trade and investment flows with the Middle East and North Africa (MENA), particularly with the oil-producing countries. And while these flows are still small, China and India's presence in the region is on the rise. This report focuses on the following questions: what have been evolution and the impact of MENA's trade and investment relations with China and India? what actions can be taken to maximize the benefits from these relations and to enhance MENA's international integration? The main findings indicate that the region as a whole has benefited from the rise of China and India in terms of better terms of trade, significant increases in oil and gas exports, and cheaper imports. However, producers of industrial goods have been negatively-and in a few cases severely-affected by competition with the two Asian countries in both third and domestic markets. While China and India are investing more in MENA, they are contributing very little to job creation or to the transfer and diffusion of technology. Faster growth in the two Asian countries-and the associated higher demand for energy-will increase revenues from oil and the difficult choices associated with their management. For the labor-abundant, non oil-producing countries, competition with China and India will increase. But the lack of competitive manufacturing industries and services, the insufficient attention given in the past to building technological capabilities and promoting openness and entrepreneurship are constraining their ability to respond to competition. They need to accelerate productivity to tackle unemployment, especially among youth. This may require the broader institutional changes seen in China and India-suggesting the importance of a pragmatic reform agenda that can accelerate productivity, trade, and investment in the region.

The EU and the GCC

The EU and the GCC PDF Author:
Publisher:
ISBN:
Category : European Union countries
Languages : en
Pages : 30

Get Book Here

Book Description


Building Closer Economic Ties Around the World

Building Closer Economic Ties Around the World PDF Author: Canada. Parliament. House of Commons. Standing Committee on International Trade
Publisher:
ISBN:
Category : Arab countries
Languages : en
Pages : 170

Get Book Here

Book Description


Investor-State Dispute Settlement and International Investment Agreements

Investor-State Dispute Settlement and International Investment Agreements PDF Author: David Price
Publisher: Taylor & Francis
ISBN: 1040030793
Category : Law
Languages : en
Pages : 218

Get Book Here

Book Description
This book examines the international investment agreements and the dispute settlement mechanisms contained therein, which bind the Gulf Cooperation Council member States. The Gulf Cooperation Council (GCC), comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, is complex and unique. Recently, all member States have experienced increasing investor–state arbitration claims, while their nationals are increasingly instituting investor–state arbitrations to protect their own foreign investments. Intra-GCC disputes, though relatively rare, have also appeared, largely as a result of the recent Gulf crisis. While focussing particularly upon the investor–state dispute settlement experience of member States as respondents, the book also explores the experiences of their nationals as claimants to determine how they can approach investor– state dispute settlement in the future. The book also reflects on existing treaty-making practices, making recommendations for regional-level dispute settlement to improve upon investor–state dispute settlement outcomes. This book provides a detailed analysis of the global investor–state dispute settlement regime and international investment agreements, and it will be of interest to students, academics, and practitioners with an interest in international investment law and arbitration.