THE INSTITUTE FOR INTERNATIONAL TRADE

A MESSAGE FROM THE DIRECTOR

Saying we live in challenging times is trite; the effects of COVID-19 are being felt everywhere including at IIT. In this newsletter, we are largely looking backwards, but future editions will be more engaged with how the crisis is affecting international trade cooperation, starting with some scheduled releases in the coming days.

Meanwhile, Professor Richard Pomfret’s reflections on the EU epicentre are required reading. But business must continue, albeit in new forms, and so we are shifting what we can online and leveraging ensuing opportunities. We have a lot to offer, as will be seen in this edition, including tailored courses, expert opinion, and structured teaching propositions. I wish all our readers the best of luck in navigating the ‘new normal’.

Professor Peter Draper

The EU has had a crisis-ridden decade with the sovereign debt, migration and Brexit crises. By the end of 2019, with the Greek debt crisis winding down, migration and refugees out of the headlines and Brexit done, skies looked clearer for the new Commission under Ursula von der Leyen and the new head of the European Central Bank (ECB) Christine Lagarde. However, as the current epicentre of the COVID-19 epidemic, Europe faces a new challenge which will test its institutional resilience.

By Professor Richard Pomfret

The EU and COVID-19

OUR MOST READ PIECE

On 31 January 2020 Britons celebrated or mourned the UK’s departure from the European Union. Brexit will be followed by a transition period until the end of the current EU budget cycle on 31 December 2020. During the transition, the UK will continue to adhere to EU rules while managing the practicalities of Brexit. A number of questions arise: what goals are top of the wish list for the Johnson government during this transition; how feasible are these goals in light of the EU27 position; and what might the long-term consequences of Brexit be for the UK?

By Professor Richard Pomfret

The UK after Brexit

#THEOPINION

The UN Sustainable Development Goals (SDGs) include gender equality, not only as one of the 17 goals but also embedded in other goals, particularly Goal 8: “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all”.
International trade agreements have an important role to play towards achieving gender equality as part of a framework for sustainable and inclusive socio-economic growth.

By PhD candidate Adriana Espejo Sanchez

Women in International Trade, enabling world economies for gender equality

BUILDING CAPACITY THROUGH EDUCATION

The Institute for International Trade joined forces with the Global Trade Professionals Alliance and the Supply Chain Resource Cooperative to launch the global community services campaign "Maintaining a healthy business in times of global crisis".

Jump on board

AfCFTA Training in Ethiopia

Mike Humphrey, Keith Wilson and Titleholder Michael Mugliston together with resource partners, delivered training on the African Continental Free Trade Area Phase 2 negotiations to government representatives from twelve African countries and the African Union Commission in Addis Ababa, supported by the Australian Department of Foreign Affairs and Trade.

EVENTS

Jeff Schott, Senior Fellow at the Peterson Institute for International Economics, visited IIT on Friday 6th March after participating in the USA Trade & Investment discussion organised together with the American Chamber of Commerce in Australia.

Know more about it

A highly engaged IIT and AIIA Policy Roundtable: Australia-EU Free Trade Agreement: Boosting Australian Innovation and Services Exports, with support from TIISA, included a line-up of speakers with diverse expertise that made for a particularly dynamic and insightful discussion of the complexities of and opportunities for the negotiation.

See what happened

POLICY AND ENGAGEMENT

IIT co-hosted an exclusive policy-roundtable discussion on Non-Tariff Barriers in the Nexus Building

Together with the Australian Department of Foreign Affairs and Trade, we co-hosted an exclusive policy roundtable discussion on Non-tariff Measures currently restricting export of research and innovation services with leading service companies and universities.

Non-Tariff Measures and Behind-the-Border Domestic Regulation Impacting Trade in Research and Innovation Services

Simon Lacey gave a talk on Trade Tensions at Melbourne Law School

IIT's Senior Lecturer was at Melbourne Law School where he presented a discussion on the trade tensions that have erupted recently between the United States and China and their impact on the global technology industry.

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