EU-ASEAN FTA: Mandates and the PCA Golda S. Benjamin IDEALS, Inc. +63 436 5470 [email protected].
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Transcript of EU-ASEAN FTA: Mandates and the PCA Golda S. Benjamin IDEALS, Inc. +63 436 5470 [email protected].
A Few Terms
Global Europe Strategy
Partnership and Cooperation Agreements
Sustainability Impact Assessments
Global Europe: Competing in the World
• More liberalised markets
• Harmonised policies and regional integration
• Educated labor in developing countries for EU multinationals
• Upmarket manufactured products
Global Europe: Competing in the World
• Liberalized public procurement market
• EU has 3 of the world’s largest construction firms
• 6 of 10 largest telco companies
G
• Increasing permanence of EU companies in developing countries
• Minimum: 50% + 1 foreign equity
• No performance requirements esp on hiring of nationals
• Deeper investment commitments
Global Europe: Competing in the World
• Deeper services liberalisation
– information and communication technologies – tourism– financial services– energy– transportation– mining– cultural cooperation – logistics
– business services (inc. professional services)– healthcare – construction and infrastructure – courier services
Global Europe: Competing in the World
Partnership and Cooperation Agreement
Mandate PCA FTA
PCA Principles
Human rights
Continuous political dialogue
Democracy
Recognition of labour rights and conditions
What now?