A Geo-Economic Turn in Trade Policy?: EU Trade Agreements in the Asia-Pacific

372 Pages·2022·6.094 MB·English

by  Johan Adriaensen, Evgeny Postnikov

THE EUROPEAN UNION IN INTERNATIONAL AFFAIRS
A Geo-Economic Turn
in Trade Policy?
EU Trade Agreements in the Asia-Pacific
Edited by
Johan Adriaensen
Evgeny Postnikov
The European Union in International Affairs
Series Editors
Sebastian Oberthür, Vrije Universiteit Brussel, Brussels, Belgium
Knud Erik Jørgensen, Aarhus University, Aarhus, Denmark
Philomena B. Murray, University of Melbourne, Parkville, Australia
Sandra Lavenex, University of Geneva, Geneva, Switzerland
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·
Johan Adriaensen Evgeny Postnikov
Editors
A Geo-Economic
Turn in Trade Policy?
EU Trade Agreements in the Asia-Pacific
Editors
Johan Adriaensen Evgeny Postnikov
Faculty of Arts & Social Sciences School of Social & Political Sciences
Maastricht University University of Melbourne
Maastricht, Limburg Melbourne, VIC, Australia
The Netherlands
ISSN 2662-5911 ISSN 2662-592X (electronic)
The European Union in International Affairs
ISBN 978-3-030-81280-5 ISBN 978-3-030-81281-2 (eBook)
https://doi.org/10.1007/978-3-030-81281-2
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Preface
Theideaforthisbookemergedinthewakeofanacademicconferenceon
EUexternalrelations.Wenotedthatcontrarytothetradepolicyliterature
with its penchant for scrutinizing trade negotiations or the design of a
trade agreement; foreign policy scholars interpreted decisions on trade in
amuchlargercontextnoteschewingfrominvokingbiggerstrategicques-
tions.Theideaofengagingwithbothperspectivesthatdonotalwaystalk
withoneanotherformedtheinitialdrivebehindthebook.AndastheUS
president Trump catapulted trade policy to the arena of high politics, we
felt we need to empirically assess the policy impact of the geo-economic
discourse.
We could not foresee at the time that the European Commission
would soon come to brand itself as “geo-political”. Beyond this boost
to the timeliness of the book, we are also extremely grateful for the
Commission’s support provided through the Erasmus+ programme. In
the context of the Jean Monnet Network “Europe-Asia Security and
Trade” (EAST) we were able to organize two conferences and a work-
shop. Special thanks goes out to the local organizing teams at Stiftung
Wissenschaft und Politik (SWP) in Berlin, S. Rajaratnam School of Inter-
national Studies at Nanyang Technological University in Singapore and
School of Social and Political Sciences at The University of Melbourne
for facilitating our fruitful discussions. We would also like to extend our
gratitude to Thomas Christiansen who coordinated the Jean Monnet
Network, offered useful advice and guidance, and supported our efforts.
v
vi PREFACE
Administrative support by Lorenzo Mariani, Martijn Custers and Aslak
Busch has also made completing the project smoother.
An edited volume would not exist without its contributors. We owe
them our gratitude for confiding their work to this volume, their partic-
ipation and input at the network events, and their constructive engage-
mentwithourfeedback.Muchliketheturmoilinthetraderegimeweaim
tocapture,thebookitselfwasforgedthroughaglobalpandemic,acyber-
attack, a shift to online teaching, the expansion and untimely contraction
of our families. This has caused repeated delay to the project. We are
thereforealsoextremelygratefulforthepatienceandunderstandingfrom
our contributors. We believe that the timeliness of the book will only
increase in the post-pandemic world as evidenced by some recent events.
Completing a book is always taxing on our immediate environment.
Johan would like to thank Eulalie, Rose, Josephine and Pippa for their
support and timely distractions.
Evgeny is extremely grateful to Lisa for her putting up with ups and
downs of academic work and providing constant re-assurance, emotional
support and useful advice.
Maastricht, The Netherlands Johan Adriaensen
Melbourne, Australia Evgeny Postnikov
Contents
Part I Introduction
1 Geo-economic Motives and the Negotiation of Free
Trade Agreements: Introduction 3
Johan Adriaensen and Evgeny Postnikov
Part II A Geo-Economic Trade Environment
2 The Politics of FTAs in Asia: The Role of China
and Implications for EU Trade Policy 29
Soo Yeon Kim
3 US Trade Policy: Japan vs. China, from Politically
Economic to Existential 55
Bart Kerremans
4 Global Value Chains and EU–East Asia Trade:
An Antidote for Geo-Economic Competition? 73
Ferdi De Ville
Part III Designing Geo-Economic Trade Agreements
5 Intellectual Property Rights. EU and US Initiatives
in the Asia–Pacific: Competition, Coordination
or Duplication? 97
Jean-Frédéric Morin and Madison Cartwright
vii
viii CONTENTS
6 Most-Favoured Nation Clauses: A Double-Edged
Sword in a Geo-Economic Era 127
Fabian Bohnenberger and Clara Weinhardt
7 Product Regulations: You Can Drive My Car,
Otherwise Let It Be 149
Alasdair R. Young
8 Rules of Origin: Bridging Regions to Withstand
Turbulent Times 175
Jong Bum Kim
9 Sustainable Development in EU–Asia Trade Relations 197
Camille Nessel and Jan Orbie
Part IV Case Studies
10 EU and South Korea: A Model Example for Foreign
Trade Policy Relations? 225
Hanns Günther Hilpert and Sunghoon Park
11 Australia and the EU: From Trade Tensions to FTA
Negotiations 247
Margherita Matera, Laura Allison-Reumann,
and Philomena Murray
12 EU–Singapore Negotiations: Overlapping
Negotiations, Conflicting Interests? 273
Lachlan McKenzie and Katharina L. Meissner
13 TheVietnam-EuropeanUnionFreeTradeAgreement:
Victim of Changing Times? 295
Ha Hai Hoang and Maria Garcia
14 EU-Indonesia Trade Relations 319
Alexandra Hennessy and Poppy S. Winanti
Part V Conclusion
15 Geo-Economic Motives in EU FTA’s
with the Asia–Pacific: More Discourse Than
Design? 345
Evgeny Postnikov and Johan Adriaensen
Index 361
List of Contributors
Johan Adriaensen Faculty of Arts and Social Sciences, Maastricht
University, Maastricht, The Netherlands
Laura Allison-Reumann University of Melbourne, Melbourne, VIC,
Australia
Fabian Bohnenberger Department of European and International
Studies, King’s College London, London, UK
Madison Cartwright University of New South Wales, Sydney, Australia
Ferdi De Ville Ghent Institute for European and International Studies,
Ghent University, Ghent, Belgium
Maria Garcia University of Bath, Bath, UK
Alexandra Hennessy Department of Government, University of Essex,
Colchester, UK
Hanns Günther Hilpert Stiftung Wissenschaft und Politik, Berlin,
Germany
Ha Hai Hoang Hanoi National University of Education, Hanoi,
Vietnam
Bart Kerremans University of Leuven (KU Leuven), Leuven, Belgium
ix