In November 2016, the Joint Research Centre published a study entitled “Cumulative economic impact of future trade agreements on EU agriculture”. The assessment set to analyse the economic cumulative effects of ongoing and upcoming trade negotiations on the EU agricultural sector. It aimed to single out sensitive products and indicate potentially offensive interests of the EU going into the bilateral negotiations.
This study analysed the potential for European agricultural products on the world agricultural market based on the ongoing and upcoming Free Trade Agreements (FTA) between the EU and 12 trade partners (including Canada, Vietnam, USA, New Zealand and Australia).
The report also estimated the impact of the trade agreements on EU producer prices and production volumes for a range of products accounting for 30% of the value of the EU exports in the sector and overall value of the different agriculture sectors.
The analysis focused exclusively on the effects produced by reciprocal liberalisation of import tariffs between the EU and the relevant trade partners, unfortunately not considering other provisions with an economic impact, e.g.: the reduction of non-tariff measures, sanitary and phytosanitary measures or the protection of geographical indications particularly important for mountain products.
The full report can be found here: “Cumulative economic impact of future trade agreements on EU agriculture” and the Executive Summary here
13 December 2016
