EU-ASEAN FTA: Mandates and the PCA Golda S. Benjamin IDEALS, Inc
A Few Terms Global Europe Strategy Partnership and Cooperation Agreements Sustainability Impact Assessments
Global Europe: Competing in the World More liberalised markets Harmonised policies and regional integration Educated labor in developing countries for EU multinationals Upmarket manufactured products
Global Europe: Competing in the World Liberalized public procurement market EU has 3 of the world’s largest construction firms 6 of 10 largest telco companies
G Increasing permanence of EU companies in developing countries Minimum: 50% + 1 foreign equity No performance requirements esp on hiring of nationals Deeper investment commitments Global Europe: Competing in the World
Deeper services liberalisation –information and communication technologies –tourism –financial services –energy –transportation –mining –cultural cooperation –logistics –business services (inc. professional services) –healthcare –construction and infrastructure –courier services Global Europe: Competing in the World
Partnership and Cooperation Agreement Mandate PCA FTA
PCA Principles Human rights Continuous political dialogue Democracy Recognition of labour rights and conditions
What now?