European regionalism and multilateral trade negotiations

• Autores: Daniel Piazolo
• Localización: Revue d'integration europeenne= Journal of european integration, ISSN 0703-6337, Vol. 21, Nº 3, 1998, págs. 251-271
• Idioma: inglés
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• Resumen

  • This article contributes a counter‐example to the discussion about the negative effects of regionalism on the multilateral trading order. The article analyzes the General Agreement on Tariffs and Trade (GAIT) negotiations during the Uruguay Round and shows that France was induced to accept a more free‐trade‐oriented package due to her integration into the European Union. The importance of European economic and diplomatic relationships led France to accept a GATT deal which she felt would be disadvantageous. The existence of a regional bloc, the European Union, thus had a beneficial effect for the multilateral trading system.