Summary of Trade Policy Issues in the Wider Europe – That Led to War and Not Yet to Peace

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Trade alliances in the European region and around the world are a complex latticework of often-conflicting relationships. As wider Europe and the Eurasian region attempt to foster collaborative trade arrangements, Russia has opted out, choosing isolation over inclusion, conflict over comity. Political economy expert Michael Emerson of the Centre for European Policy Studies offers a succinct but rich analysis of free trade’s proliferation and its economic and political implications, particularly as they relate to Ukraine. getAbstract recommends his report to global business executives, policy makers and students of international commerce.

In this summary, you will learn

  • How trade alliances in greater Europe and Eurasia create economic and political complexity,
  • How Russia is economically retaliating against Ukraine for its trade agreement with the European Union, and
  • Why Russia should direct its commercial focus toward Europe instead of Eurasia.
 

About the Author

Michael Emerson is an associate senior research fellow at the Center for European Policy Studies.

 

Summary

The failure of the Doha Round of global-level trade talks has led to an abundance of bilateral, multilateral and regional trade negotiations and agreements around the world. The Deep and Comprehensive Free Trade Agreements (DCFTAs) that the European Union signed on June 27, 2014, with Georgia, Moldova...

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