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    Increased Relevance for EU Policy and Actions in the South China Sea

    Pejsova, Eva | June 2019
    Abstract
    The EU has always had reason to pay attention to developments in the South China Sea. The world’s largest trading block has a vital economic interest in safeguarding free, safe and stable shipping corridors, especially those connecting it to economic powerhouses in East Asia. Northeast Asian countries constitute the Union’s most important export market and source of FDIs, with China being its second largest trading partner, and trade with Japan alone standing for 25% of global GDP. EU is also ASEAN’s second largest trading partner, and ASEAN is correspondingly the third largest for the EU. In addition to economic interests, Brussels has also legal and political commitments to regional stability, stemming from its accession to the Treaty of Amity and Cooperation (TAC) in 2012 and its membership in the ASEAN Regional Forum (ARF). Finally and most importantly is the rationale behind the SCS disputes: China’s unilateralism and the threat it represents for the rules-based global order that has been keeping Europe, positioning itself as a normative superpower, on its toes.
    Citation
    Pejsova, Eva. 2019. Increased Relevance for EU Policy and Actions in the South China Sea. © ISEAS Yusof Ishak Institute. http://hdl.handle.net/11540/10530.
    ISSN
    2335-6677
    Keywords
    Regionalism
    Regional Economy
    Regional Trading Arrangements
    Aid And Development
    Asian Development Bank
    Comprehensive Development Framework
    Development Cooperation
    Development Management
    Development Planning
    Development Strategies
    Development In East Asia
    Development Planning
    Development Research
    Green revolution
    Regional Trade Integration
    Regional Economic Integration
    Regional Cooperation
    Interregional Cooperation
    Government Policy
    Regional Organization
    Regional Plans
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Development strategy
    Development models
    Economic development
    Economic integration
    Regional Development Bank
    Preferential tariffs
    International negotiation
    Protectionist measures
    Access to markets
    Economic agreements
    International trade law
    Regional integration
    Trade relations
    Exports
    Economic integration
    Distribution
    Economic integration
    Infrastructure
    Interregionalism
    Regional economics
    Regional planning
    Communication in rural development
    Communication in community development
    Economic development projects
    Development banks
    Economic forecasting
    Environmental auditing
    Cumulative effects assessment
    Human rights and globalization
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    Citable URI
    http://hdl.handle.net/11540/10530
    Metadata
    Show full item record
    Thumbnail
    ISEAS_Perspective_2019_52..pdf (566.0Kb)
    Author
    Pejsova, Eva
    Theme
    Regional
    Development
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise