Canadian Global Affairs Institute on LinkedIn: Charting Canada's Trade Path Amidst Growing Regionalization (original) (raw)
What are Canada's strategy & policy options as trade is regionalizing? We're discussing this big question on April 11th at our 2024 Trade Conference Register now! https://lnkd.in/eAdePpFU
Charting Canada's Trade Path Amidst Growing Regionalization eventbrite.ca
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Managing Partner, Celesta Capital
6mo
Sharing the recording of the session at the Elliot School of International Affairs, George Washington University, DC, on India’s Trade Policy and the Global Environment, held last week. My former US Department of Commerce colleague, Atman Trivedi, and Professor Judith Dean of Brandeis University were on the panel. The conference was convened by Ajay Chhibber, Distinguished Visiting Scholar at GWU. I talked about how global trade is today dominated by global supply chains -- by up to 70%. These supply chains form a network of interdependence that is susceptible to disruptions and vulnerable to points of failure (examples: Covid, Ukraine, the Israel Gaza situation, the China-Taiwan dynamic.) Alongside, we have seen domestic politics around the world driving a rising protectionist trend. And the trade landscape must contend with the ongoing US- China discord and global concerns about China’s ambitions. The China situation presents an opportunity to be an alternative -- or additional -- node in global supply chains, supplanting or supplementing China. We see this in Mexico, and it is an opportunity for India. We see the rise of regional multilateral agreements and other frameworks. Regional integration, spanning large areas, is strengthening. These structures are valuable for the efficiency of supply chains. In North America, the US Mexico Canada agreement is a good example. In the Asia Pacific, the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) cover large regions, about a third of the world's population and GDP. While staying out of RCEP and CPTPP, India is embracing -- and is an important player in -- several other multilateral frameworks: the Quad and the Indo Pacific Economic Framework among them. https://lnkd.in/gPjz_jth
Session 2: “India’s Trade Policy and the Global Environment”
https://www.youtube.com/
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- "While protectionist trends dominate headlines, international trade remains essential for the EU’s economic well-being. Open markets and diversified suppliers are crucial for economic growth and economic resilience."Oscar Guinea via Encompass on the current state of international trade and how the upcoming EU legislative mandate should approach trade policy. In the article, he references our new paper "Trading Up: An EU Trade Policy for Better Market Access and Resilient Sourcing" ➡ https://lnkd.in/dNfdMCnWRead his full opinion ➡ https://buff.ly/3K7gPFE
International trade offers you help, take it! encompass-europe.com
To view or add a comment, sign in - 🚢 OECD: 2023 sees mixed progress in global service #trade liberalisation 🗣️ OECD - OCDE Secretary-General Mathias Cormann said, “With half of all jobs in services sectors, open and well-regulated service markets are essential to facilitate global economic growth. Yet services trade barriers remain high and progress on liberalisation is slow. More international cooperation is needed and the upcoming 13th World Trade Organization Ministerial Conference will be an opportunity to advance discussions on liberalisation of services trade policies, including on market access, and the implementation of good practices on services domestic regulations.” ➡️ Read the news by following the link in the comments section below ⬇️#globaltrade #digitaltrade
To view or add a comment, sign in - The latest edition of the weekly global trade and economic update for New Zealand businesses has been published. 🌎 Read the full report here ➡️ https://lnkd.in/gyBH2V7y
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Public Policy | Economics | Research | Imagination
4mo
Need to catch up on your summer reading? Global Affairs’ 2024 State of Trade Report features a look at Canada’s international supply chains and their resilience (in light of some important factors and concerns). The bottom line, Canadian businesses must fortify their supply chains, and integrate further into global trade networks to remain competitive. See: https://lnkd.in/gw2xQA6X. 🤾♂️
Canada’s State of Trade international.gc.ca
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