Four years after the launch of Global Europe - the European Union's trade strategy from 2006 - policymakers are now confronted with the first negotiated agreement with one of the rising economic powers in the Far East. The EU-Korea Free Trade Agreement (hereafter EUKOR) is the first of Europe's...

Given the Trans-Pacific Partnership (TPP) and several intra-Asian agreements, the EU is focused on large-sized free trade agreements (FTAs) to avoid trade diversion and to maintain Europe's ability to set the trade policy agenda. The EU is now negotiating with all TPP countries except Australia,...