Europe’s response to Covid-19 and the pandemic’s impact on the EU trade agenda.
Elvire Fabry, Senior Research Fellow, Jacques Delors Institute
Ignacio Garcia Bercero, Director, Directorate General for Trade of the European Commission; European Union Visiting Fellow, Oxford University
Even before the pandemic struck, the rules-based system was threatened by rising nationalism and creeping trade protectionism. Now COVID-19 has prompted a global recession and a slump in trade as global value chains adjust. All this is happening with the World Trade Organisation in crisis and international coordination bedevilled by US-China competition.
In this podcast, moderator Rem Korteweg of the Clingendael Institute is joined by Elvire Fabry of the Jacques Delors Institute and Ignacio Garcia-Bercero of the European Commission and Oxford University. Listen as they discuss Europe’s response to the multi-faceted COVID-19 crisis and its impact on the European Union’s trade agenda.
With the US and China at loggerheads, will the EU step up to champion the multilateral order? Or will economic and political pressures lead to a more protectionist approach from Brussels? And will the trade agenda that emerges from this crisis prove compatible with the EU’s ambitious sustainability goals?
The Global Trade Series is a collaboration between AIG and the following international organizations with leading expertise on global trade: Georgetown Law, Institute of International Economic Law; Chatham House; the Clingendael Institute; the International Chamber of Commerce; the Delors Institute; the Lee Kuan Yew School of Public Policy, National University of Singapore, and the Bertelsmann Stiftung (Knowledge Partner).
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