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Geopolitics, Geoeconomics and the EU Trade Policy: The Relationship with ASEAN (Association of Southeast Asian Nations) as a Test Case

In: The European Union and the Evolving Architectures of International Economic Agreements

Author

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  • Yeo Lay Hwee

    (European Union Centre)

Abstract

Tracing the shift in the EU’s international trade strategy through the lens of its negotiations with ASEAN and its member countries discloses interesting insights on increasing competition to shape the rules of international trade and the limits of the EU’s market power. The chapter argues that the shift in global economic power to the Asia-pacific, particularly China, and the need for the EU to stay competitive in the region vis-à-vis its economic peers such as the US and Japan, has prompted the EU to move from a bi-regional attitude to a bilateral approach towards FTAs, with limited outcomes. This perhaps points to the retreat of the EU’s influence as globalisation suffers a body blow and regionalisation becomes the driving force for trade and investments.

Suggested Citation

  • Yeo Lay Hwee, 2023. "Geopolitics, Geoeconomics and the EU Trade Policy: The Relationship with ASEAN (Association of Southeast Asian Nations) as a Test Case," Springer Books, in: Ottavio Quirico & Katarzyna Kwapisz Williams (ed.), The European Union and the Evolving Architectures of International Economic Agreements, chapter 0, pages 39-54, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-2329-8_3
    DOI: 10.1007/978-981-99-2329-8_3
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