FOTAR2022: The Changing Politics of Transatlantic Trade Relations

International Conference | Hamburg, 8 December 2022

Zu den Themen: Internationales Wirtschaft

Globalisation is under a strain. As global supply chains are suffering from Russia’s attack on Ukraine and the afterpains of the pandemic, there is renewed attention to the politics of international trade. Trade is a cornerstone of the transatlantic partnership. But amid a multitude of global crises, classical liberal paradigms such as the invisible hand of the market and the democratising effect of trade integration are questioned on both sides of the Atlantic, demanding a stronger role of the state.

For the third time, the FOTAR (Future of Transatlantic Relations) conference format, hosted by the Bundeskanzler-Helmut-Schmidt-Stiftung and the Europa-Kolleg Hamburg, invites distinguished international speakers to discuss how the transatlantic trade partnership can contribute to the socio-economic transformation of the global economic system: How can transatlantic partners in the public and private sectors embed human rights in their global value chains? What can transatlantic trade do to fight climate change? How can the EU-US trade partnership safeguard energy security and technological progress for good? And how can transatlantic partners confront rising social inequality with their trade policies?

A more detailed programme will follow soon.

A Human Face for Trade: Human rights and global trade
Democratic values build the foundation of the transatlantic security and trade partnership. Internationally interconnected through global supply chains, the protection of human rights cannot end at transatlantic borders. How can the United States and the European Union speak up for human rights along their global lines of production amid rising tensions with Russia and China?

Transatlantic Climate Action Needed: Trading for a Healthier Planet
To achieve the desired global climate mitigation results requires action on global trade: together with China, the US and the EU account for about half of global trade and CO2 emissions. What are potential transatlantic trade policy instruments to complement international efforts? Is it possible to reconcile short-time energy security with long-term sustainability? And how can a new transatlantic commitment to green trade make a global impact?

The Race for Technology: Building Resilient Transatlantic Trade Relations
Transatlantic and Chinese economies are closely integrated, while their governments are engaging in an intensifying systemic rivalry. Having the edge on new technologies will be match-winning. What makes global supply chains resilient when facing interdependent great power competition? How can EU-US trade policies shield emerging technologies from the abuse by authoritarian governments but support legitimate trade and advancement in these technologies?

Transatlantic Trade for Good: Fighting Social Inequality
Globalisation produces winners and losers everywhere. Social inequality and its economic and political consequences have become a major global and transatlantic societal challenge, marginalising those already discriminated, polarising societies, and eroding democratic institutions. How can transatlantic trade become a tool for socioeconomic inclusion in the European Union, the United States and beyond? To what extent can transatlantic partners fight the imminent food crisis in the Global South? What trade policies put people first to foster prosperity for all?

Green and Just Trade in Action: A Business Perspective
American and European businesses play a vital role in bringing ambitions of transatlantic trade politics into action. How can business actors contribute to a just and green transformation of trade?

Here are impressions from previous FOTAR conferences: FOTAR2020: The Transatlantic Security Partnership in Turbulent Times and FOTAR2018:Challenges in Trade, Security and Environmental Policy.

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