ASEAN consumer habits that may change by 2030 ASEAN consumer habits that may change by 2030 Over the next decade, ASEAN will become the world’s fourth-largest economy with a roughly $4 trillion USD consumer market. While the entire region will offer abundant growth opportunities, each market will evolve differently. Eight key
Tag: trade
Impact of the COVID-19 on the EU trade with China
Covid 19 Montenegro – OECD findings
OECD has published a document "CoVID-19 Crisis in Montenegro". Here are their findings on socio-economic issues in Montenegro Montenegro Anti-Covid19 measures Developments: On 25 April 2020, the National Coordination Body announced the plan to mitigate measures in four phases (the first phase covering the lockdown measures), with the final aim to
Tourism recovery plan: Covid19 EU action
Tourism Ministers voiced strong support for national and EU measures for the swift and effective recovery of tourism sector Tourism Ministers voiced strong support for national and EU measures for the swift and effective recovery of tourism sector The tourism sector has experienced an immense and unexpected decline in demand due to
Post Brexit UK-EU relations: the future of trade
Post Brexit UK-EU relations: the future of trade The withdrawal of the United Kingdom (UK) from the European Union (EU) came into effect on 1 February 2020, following the large majority gained by the Conservative Party, led by Boris Johnson, in the UK general election in December 2019. The transition period began on the same
Japan-EU Economic Partnership Agreement
February 2020 marks the first anniversary of the entry into force of the EU-Japan Economic Partnership Agreement (EPA). In the first ten months following the implementation of the agreement, EU exports to Japan went up by 6.6% compared to the same period the year before. This outperforms the growth in the past
I-TIP Services Trade Database
I-TIP Services is a joint initiative of the World Trade Organization and the World Bank. It is a set of linked databases that provides information on Members' commitments under the WTO's General Agreement on Trade in Services (GATS), services commitments in regional trade agreements (RTA), applied measures in services, and
EU intellectual property protection in global markets
The European Commission published the latest report on protection and enforcement of Intellectual Property Rights (IPR) in third countries. While developments have taken place since the publication of the previous report, concerns persist and a number of areas for improvement and action remain to be addressed. Intellectual property rights infringements worldwide
EU Trade Policy in focus
Trade policy of the EU The EU’s common commercial policy (CCP), or trade policy, has evolved gradually over the years to encompass a range of trade-related areas under the remit of European Union exclusive competence. The Treaty of Rome established the common market and the customs union with a focus on
Countries Rank by Economic Complexity
Countries Ranked by Their Economic Complexity In the past, the trade between nations was a much simpler matter to grasp. Commodities and a few finished goods moved between a handful of countries in a straightforward way. Today, around 6,000 officially classified products pass through the world’s ports, and digital products and
EC on Montenegro – More balanced growth ahead
European Commission has published fall 2019 economic forecast. Among assessed countries was also Montenegro, a candidate country for the next EU enlargement. The completion of the first section of the Bar-Boljare highway in 2020 will conclude a six-year period of fast expansion of the economy, but also of high external and
USA – China trade war: shifting the global trade
China and the United States are at a trade stand-off after both countries have implemented hundreds of billions of dollars in tariffs on each other's goods over the past year. The US is now considering imposing further tariffs on more than $300 billion worth of Chinese imports. The ongoing trade war is