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International Trade and Regional Integration

Berlin Economics advises policymakers on targeted trade policies.

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The challenge for many transition and emerging economies is to formulate and implement a trade policy strategy that enables the development of new geographic markets while at the same time striving to deepen existing trade relations.

Berlin Economics supports political decision-makers in the formulation of goal-oriented trade policies. In the process of trade liberalisation, Berlin Economics also analyses the expected consequences of changes in trade relations, for example on the impact of tariff preferences on certain economic sectors or on the concrete dismantling of tariff barriers to trade. This is important in order to achieve the necessary political support for trade policy, but also to identify possible risks in advance. In addition, Berlin Economics accompanies many countries in their integration process into trade blocs or towards membership in international trade organisations such as the WTO.

However, in order to open up new markets, it is not enough to simply dismantle trade barriers; companies must be actively supported in order to realise the new export opportunities. Targeted export promotion, as the second instrument of foreign trade policy, is thus another focus of Berlin Economics’ advisory services. We help export promotion agencies and other state authorities to identify products and sectors with high export potential so that targeted promotion can take place. In addition, we advise on the concrete use of export promotion instruments.

 

References

Assessing the impact of Uzbekistan’s WTO accession

The study investigates the impact of a possible WTO accession of Uzbekistan on trade relations.