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Vol 24 No 10 Oct/Nov 2019

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Economic Relations Between the Australia and European Union: Law and Policy

ISBN13: 9789041134059
Published: December 2013
Publisher: Kluwer Law International
Country of Publication: The Netherlands
Format: Hardback
Price: £118.00

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The European Union (EU) is the largest economic partner of Australia: the EU is Australia’s second largest trading partner and the EU is Australia’s largest investment partner. Yet, the EU remains the only major trading and investment partner with whom Australia does not have an Economic Integration Agreement, either in force or under negotiation. Without one, the legal and policy systems that regulate trade and investment between Australia and the EU must function in the complexity of different levels of political economy: non-unitary internal and external market constitutions against bilateral sectoral and multilateral general agreements on trade and investment.

This book is the first to present a monographic study of the law and policy of trade and investment between Australia and the EU. Prof. Gonzalo Villalta Puig argues that a trade and investment agreement is necessary to remove the agricultural tariffs and quarantine requirements and to harmonize the regulatory divergences that bar bilateral trade. It is further necessary to facilitate and guarantee two-way investment.

The book critically discusses:

  • the Partnership Framework Agreement between Australia and the EU;
  • the Mutual Recognition Agreement, Wine Agreement, and other sectoral agreements between Australia and the EU;
  • the World Trade Organization (WTO) Trade Policy Reviews of Australia and the EU and disputes between them;
  • Australia’s biosecurity system of quarantine requirements and food safety standards and its Luxury Car Tax, Wine Equalization Tax rebate, use of geographical indications, and the effect of Australian Industry Participation rules on government procurement market access;
  • the EU’s agricultural protection system of tariff rates, export refunds, and Common Agricultural Policy direct
  • payments and the consistency of its standards and technical regulations;
  • the economic constitutions of Australia and the EU and their judicial interpretation; and
  • the key provisions of a prospective Economic Integration Agreement between Australia and the EU.

    Original, significant, and rigorous, Economic Relations between Australia and the European Union: Law and Policy is certain to influence the development of both the bilateral relationship and the WTO as a multilateral forum for trade and investment liberalization. It is, thus, an essential reference for lawyers, customs brokers, freight forwarders, government officials, academics, and all professionals with an interest in the regulation of economic globalization.

  • Subjects:
    International Trade, Other Jurisdictions , EU Law, Australia
    Foreword by The Rt. Hon. Mike Moore ONZ (Former Prime Minister of New Zealand and Former Director-General of the World Trade Organization). Foreword by HE Mr Duncan Lewis AO DSC CSC (Ambassador of Australia to the European Union). Foreword by HE Mr Sem Fabrizi (Ambassador and Head of Delegation of the European Union to Australia). Preface. Acknowledgements. Part I. Introduction.
    1. Introduction.
    2. Economic Relations between Australia and the European Union: Origins and Development. Part II. External Regulation.
    3. Bilateral Regulation: Framework and Sectoral Agreements.
    4. Multilateral Regulation: World Trade Organization Agreements. Part III. Internal Regulation. Section A. Economic Constitution of Australia.
    5. The Law of the Internal Market: The Freedom of Interstate Trade.
    6. The Law of the External Market: The Trade and Commerce Power Section B. Economic Constitution of the European Union.
    7. The Law of the Internal Market: The Economic Freedoms.
    8 . The Law of the External Market: The Common Commercial Policy. Part IV. Conclusion.
    9. Towards a Trade and Investment Agreement between Australia and the European Union.
    10. Conclusion. Select Bibliography. Table of Cases.Table of Legislation.Table of Treaties and Other Legal Texts. Index. Praise for the Book.

    Series: Global Trade Law Series

    International Economic Law and the Challenges of the Free Zones ISBN 9789403508931
    Published May 2019
    Kluwer Law International
    Brazil in the World Trade Organization: Contingent Protection Measures ISBN 9789041133359
    Published December 2012
    Kluwer Law International
    Deference to the Legislature in WTO Challenges to Legislation ISBN 9789041131454
    Published December 2009
    Kluwer Law International
    The Law of Globalization ISBN 9789041128287
    Published November 2009
    Kluwer Law International
    China and the World Trade Organization: A Long March towards the Rule of Law ISBN 9789041131447
    Published October 2009
    Kluwer Law International
    Retaliation in the WTO Dispute Settlement System ISBN 9789041128119
    Published March 2009
    Kluwer Law International
    EU Dumping Determinations and WTO Law ISBN 9789041128270
    Published February 2009
    Kluwer Law International
    Legalization of Development in the WTO: Between Law and Politics ISBN 9789041127952
    Published November 2008
    Kluwer Law International
    Anti-dumping Law and Practice of China ISBN 9789041127907
    Published November 2008
    Kluwer Law International
    Economic Development Through World Trade: Developing World Perspective ISBN 9789041126818
    Published January 2008
    Kluwer Law International