Reconciling bilateral trade agreements with multilateralism - Civic Education Forum Mecklenburg-West Pomerania
Asset Publisher
Facts and Findings
Reconciling bilateral trade agreements with multilateralism
by
Christina Langhorst
With its communication “Global Europe – competing in the world” the European Commission has realigned its trade policy. While in 1999 the former Commissioner for External Trade, Pascal Lamy, had declared the multilateral approach within the framework of the WTO as the only and exclusive strategy to trade liberalisation, the new strategy (released in October 2006) regards bilateral trade agreements as an option. Which opportunities and which risks are connected to these agreements?
