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1 results

  • 4 - Constructing Interregionalism: The New EU Strategy to Asia

  • Pasha L. Hsieh, Singapore Management University
  • Book:
    New Asian Regionalism in International Economic Law
    Published online:
    03 December 2021
    Print publication:
    16 December 2021, pp 101-162

  • Summary

    The chapter first examines the nexus between the interdisciplinary theories of interregionalism and the latest wave of global regionalism. Based on EU agreements with Singapore and Vietnam, the chapter evaluates unique rules of origin for “ASEAN cumulation” and Asian food products. Comparative rules on services commitments and non-tariff measures that are vital to banking, automotive, pharmaceutical and renewable energy industries is also analyzed. Finally, the chapter explains key “new-generation” issues on geographical indications, state-owned enterprises, investor-state arbitration and mediation mechanisms under the IPA. Moreover, it explores the nexus between the FTA and the PCA and focus on human rights and sustainable development clauses that reflect European values. Collectively, these provisions construct the new phase of EU-Asian economic agreements and energize the evolution of new interregionalism.