Talk:Economic Partnership Agreements
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Dr. Hufbauer's comment on this article
Dr. Hufbauer has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
1. The term EPA is used more widely than as between EU and the erstwhile ACP countries. Japan for example uses the term in some of its arrangements. A Google search should reveal other uses. The biggest is the Regional Comprehensive Economic Partnership (RCEP) between around 20 Asian countries.
2. The leading purpose of the term is to skirt by the requirements (under the GATT) of a free trade agreement. In particular, tariffs may not be eliminated on substantially all trade. Other forms of cooperation may be poured into an EPA framework -- for example, aid, cultural exchanges, etc. 3. Nothing in an EPA "prevents" one of the partners from opening its markets unilaterally or engaging in FTAs or EPAs with other countries. 4. The EU EBA, like the US GSP, is basically a one-way free trade deal -- a bigger step away from reciprocity than an EPA. The rules of origin question is a distraction from this central point. 3. Strict reciprocity is generally not part of the EPA menu.
We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.
Dr. Hufbauer has published scholarly research which seems to be relevant to this Wikipedia article:
- Reference : Gary Clyde Hufbauer & Jared C. Woollacott, 2010. "Trade Disputes Between China and the United States: Growing Pains so Far, Worse Ahead?," Working Paper Series WP10-17, Peterson Institute for International Economics.