Trade Deals Around the World February 2021 Edition

Handelsverdragen van over de hele wereld: Februari 2021 Editie

Martijn Rijk
Martijn Rijk
Project Manager Marketing

In de serie “Handelsverdragen van over de hele wereld” geven we je een maandelijkse update waarin je snel kunt lezen wat er gebeurt in de vele onderhandelingen die er gaande zijn op het gebied van handelsverdragen.

Eén van de landen die veel in het nieuws was de afgelopen maand was China. China wil het aantal handelsverdragen uitbreiden, terwijl ze ondertussen hard werken aan het voldoen aan de eisen van de deal die ze gesloten hebben met de Verenigde Staten. Maar we beginnen dit overzicht weer met het Verenigd Koninkrijk. Voor het Verenigd Koninkrijk was het de eerste maand dat ze geen deel meer uitmaakten van de Europese Unie.

Het Verenigd Koninkrijk en CPTPP

Naast de Brexit deal met de EU, heeft het Verenigd Koninkrijk de wens uitgesproken zich aan te sluiten bij CPTPP. CPTPP staat voor The Comprehensice and Progressive Agreement for Trans-Pacific Partnership. CPTPP is een handelsovereenkomst tussen Australië, Brunei, Canada, Chili, Japan, Maleisië, Mexico, Nieuw Zeeland, Peru, Singapore en Vietnam.

Sky News schrijft:

Prime Minister Boris Johnson said: "One year after our departure from the EU we are forging new partnerships that will bring enormous economic benefits for the people of Britain.

"Applying to be the first new country to join the CPTPP demonstrates our ambition to do business on the best terms with our friends and partners all over the world and be an enthusiastic champion of global free trade."

Het Verenigd Koninkrijk en Zuid Afrika

Bloomberg schrijft:

The U.K. completed its divorce from the EU on Friday, leaving the bloc’s single market and customs regime more than four years after voting for Brexit and with the country still in the grip of the pandemic.

The accords mean exports can continue seamlessly to the U.K., one of South Africa’s largest trading partners and that legal and administrative processes for preferential trade under the African Continental Free Trade Area have been put in place, the DTIC said.

China en de Verenigde Staten

Hoewel China meerdere malen heeft herhaald dat ze zouden voldoen aan de afspraken van de Phase One Trade Deal die het had gesloten met de Verenigde Staten, is ze dat uiteindelijk niet gelukt.

Supply Chain Digital schrijft:

Last January China agreed to buy an extra $200bn (£146bn) in US imports over the next two years, as well as strengthen intellectual property rules. In exchange, the US was to cut the new tariffs it had imposed on Chinese products by half on a $120 billion worth of Chinese goods, reducing the rate to 7.5%.

As the agreement included only manufactured, agricultural and energy products, approximately $35bn worth of goods didn't count, bringing the total applicable under the agreement to $100bn. China imported 60% of its original target for manufactured products, 64% for agricultural products and 39% for energy products.

Hellenic Shipping News schrijft:

Economists have attributed the shortfall in part to the impact of the Covid-19 pandemic, which dented Chinese domestic demand for foreign goods and lowered the prices of imported energy.

Even though China fell short on purchase targets, U.S. exports of goods to China rose 13% from a year earlier during the first 11 months of the year, according to the U.S. Census Bureau.

As imports fell slightly, China’s trade surplus with the rest of the world grew to $535.03 billion, the largest since 2015.

China is projected to be the only major economy to report growth in 2020, drawing a contrast to the U.S. and Europe, which are struggling with the fallouts of the resurgence in Covid-19 cases.

De regering van President Biden is ondertussen bezig met het heroverwegen van de positie die de Verenigde Staten inneemt ten opzichte van China. Yahoo Finance schrijft:

The Biden administration has former President Donald Trump’s so-called phase-one trade deal with China “under review” along with the rest of the U.S. posture toward Beijing, White House Press Secretary Jen Psaki said Friday.

Asked ... whether the deal was still in effect, she added: “I would not assume that things are moving forward.” The administration is “coordinating with our allies, members of Congress, and making a determination before we engage further.”

Tegelijkertijd werkt China aan het sluiten van meer handelsverdragen. The Straits Times schrijft:

China is working to sign free trade deals with more trading partners, the country's new commerce minister said, as part of the nation's efforts to build a global network of free trade zones.

The government will push for the implementation of the Asia-Pacific trade agreement, known as the Regional Comprehensive Economic Partnership, as soon as possible, Mr Wang Wentao said in an interview with state-run Xinhua News Agency on Thursday (Jan 7).

China will also accelerate negotiations with Japan and South Korea on a free trade pact, as well hold talks with countries in the Gulf Cooperation Council, Israel and Norway.

...

China has signed 19 free trade agreements with 26 countries and regions, with the trading value accounting for 35 percent of China's total foreign trade, he said.

The government is also actively considering joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

China en Nieuw Zeeland

China and New Zealand signed a deal ... upgrading a free trade pact to give exports from the Pacific nation greater access to the world’s second-largest economy.

The pact widens an existing trade deal with China to ensure it remains fit for purpose for another decade, Trade Minister Damien O’Connor said in a statement.

Lees het hele verhaal van Reuters hier.

China en Mauritius

TRT World schrijft:

China’s first FTA with an African country provides a stepping stone into the continent through the geopolitical hotspot Indo-Pacific region.

The agreement aims to deepen economic and trade relations, while also bringing “new ideas to the China-Africa comprehensive strategic partnership to China,” according to the Chinese Ministry of Commerce when the deal was first signed. “It elevates China-Africa economic and trade cooperation to a new height and creates a new situation,” the statement continued.

De African Continental Free Trade Area

Op 1 januari 2021 is het African Continental Free Trade Area (AfCFTA) verdrag ingegaan.

Quartz schrijft:

The trade agreement, which will cover a market consisting of 1.2 billion people and a combined GDP of $3 trillion, has been signed by 54 of the 55 African Union member states; Eritrea has not yet joined. Thirty-four of those countries have ratified it as of early December.

In brief, AfCFTA will create a single market for goods and services, in hopes of boosting trade among its nations. Africa has historically had low internal trade. In 2017, intra-African exports were 16.6% of total exports, compared with 68% in Europe, and 59% in Asia.

Bloomberg schrijft:

The treaty seeks to lower or eliminate cross-border tariffs on most goods, facilitate the movement of capital and people, promote investment and pave the way for a continent-wide customs union. The bloc has a potential market of 1.2 billion people with a combined gross domestic product of $2.5 trillion, and could be the world’s biggest free-trade zone by area when the treaty becomes fully operational by 2030.

Overige handelsverdragen

Er waren verschillende andere handelsverdragen, waar we hier niet in detail op ingaan. Volgens Foreign Brief hebben Singapore en Nieuw Zeeland een digitaal handelsverdrag gesloten. De Tehran Times schrijft over een handelsverdrag tussen Iran en Afghanistan. De Saudi Gazette schrijft over een verdrag tussen de Verenigde Staten en Bahrein. En tenslotte schrijft Focus Taiwan dat de Taiwanese regering overweegt gesprekken te starten met de Verenigde Staten over een handelsverdrag.