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Global Aspirations and Inward Looking Policies: Prospects for EU– Latin American Trade Expansion in the Light of the Common Agricultural Policy |
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Abstract:
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Mexico and Chile have successfully concluded trade deals with the European Union (EU) while Mercosur struggles to negotiate an agreement. What explains the variation in experience with the EU? This paper will consider the prospects for an expanded EU-Latin American trade relationship from the European perspective in light of recent reforms in the Common Agricultural Policy (CAP). It argues that the EU’s inward looking agenda has been – and continues to be – one of the greatest obstacles to developing a stronger EU–Latin American trade relationship. In particular, the EU’s failure to make fundamental changes to the CAP will continue to hamper efforts to expand trade between the EU and Latin America. This paper will compare the successes of Mexico and Chile with the troublesome negotiations that Mercosur faces. Since its creation in the late 1960s CAP has been a central policy within the European integration movement and is seen as a fundamental aspect of the pivotal French-German relationship. But the CAP - its cost and affect on the EU’s foreign trade relations - has been controversial since it was created. Realizing that it was financially impossible to maintain the CAP in its current form, the EU-15 agreed to implement a series of reforms starting in 2003 while it prepared for integrating the states of Eastern and Central Europe. Despite these reforms, the CAP has experienced little fundamental change and there is still considerable resistance to agricultural reforms in Europe favored by Latin American trading partners. Based on the recent CAP reforms, the paper explores the possibilities and challenges for serious trade expansion between the EU and Latin America. |
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Association:
Name: ISA's 49th ANNUAL CONVENTION, BRIDGING MULTIPLE DIVIDES URL: http://www.isanet.org
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Citation:
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MLA Citation:
| Wagner Faegri, Christina. "Global Aspirations and Inward Looking Policies: Prospects for EU– Latin American Trade Expansion in the Light of the Common Agricultural Policy" Paper presented at the annual meeting of the ISA's 49th ANNUAL CONVENTION, BRIDGING MULTIPLE DIVIDES, Hilton San Francisco, SAN FRANCISCO, CA, USA, Mar 26, 2008 <Not Available>. 2008-12-11 <http://www.allacademic.com/meta/p251639_index.html> |
APA Citation:
| Wagner Faegri, C. , 2008-03-26 "Global Aspirations and Inward Looking Policies: Prospects for EU– Latin American Trade Expansion in the Light of the Common Agricultural Policy" Paper presented at the annual meeting of the ISA's 49th ANNUAL CONVENTION, BRIDGING MULTIPLE DIVIDES, Hilton San Francisco, SAN FRANCISCO, CA, USA <Not Available>. 2008-12-11 from http://www.allacademic.com/meta/p251639_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Abstract: Mexico and Chile have successfully concluded trade deals with the European Union (EU) while Mercosur struggles to negotiate an agreement. What explains the variation in experience with the EU? This paper will consider the prospects for an expanded EU-Latin American trade relationship from the European perspective in light of recent reforms in the Common Agricultural Policy (CAP). It argues that the EU’s inward looking agenda has been – and continues to be – one of the greatest obstacles to developing a stronger EU–Latin American trade relationship. In particular, the EU’s failure to make fundamental changes to the CAP will continue to hamper efforts to expand trade between the EU and Latin America. This paper will compare the successes of Mexico and Chile with the troublesome negotiations that Mercosur faces. Since its creation in the late 1960s CAP has been a central policy within the European integration movement and is seen as a fundamental aspect of the pivotal French-German relationship. But the CAP - its cost and affect on the EU’s foreign trade relations - has been controversial since it was created. Realizing that it was financially impossible to maintain the CAP in its current form, the EU-15 agreed to implement a series of reforms starting in 2003 while it prepared for integrating the states of Eastern and Central Europe. Despite these reforms, the CAP has experienced little fundamental change and there is still considerable resistance to agricultural reforms in Europe favored by Latin American trading partners. Based on the recent CAP reforms, the paper explores the possibilities and challenges for serious trade expansion between the EU and Latin America. |
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