Update of CAPRI tariff and trade database and split of Australia-New Zealand regional block (CAPRI Trade Update)
Funding
European Commission Directorate Sustainable Resources
Duration
2019 - 2020
Organisation
Consortium ENgAGE (Expert Network for Agro-Economic modelling):
Overview
In 2018 the European Commission has formally launched negotiations with New Zealand and Australia with the objective of concluding free trade agreements (FTAs) with both of these countries. Both Australia and New Zealand are important trading partners of the EU with regard to agri-food commodities. Furthermore, agricultural commodity trade is expected to arise as a sensitive topic during the negotiations of the FTAs. The Commission, therefore, considers that improving the capacity of its modelling suite (including CAPRI model) to quantitatively assess the impacts of the above FTAs is of importance for evidence based EU policy-making. The split of Australia and New Zealand which currently form one country block in CAPRI is therefore an important step in preparing the model for advanced policy analysis on the two upcoming FTAs.
Aim and objective
The general objective of this specific contract is to improve the potential of CAPRI for trade policy impact analysis