PANEL A: Economic Dimension
There are many upcoming hot issues that have to do with the future of international trade and the European Union. The world is changing and it is no longer divided on the basis of individual military powers but according to the economic background which points out the role of Europe, USA and China. The crucial partner for EU is USA as it helps Europe stay profitable. The partnership between the USA and Europe is stable but the current political situation might have a significant impact on the future of the transatlantic trade.
British Prime Minister Boris Johnson led the Conservative Party to a decisive victory and led the UK through the process of leaving the EU. During the interim transitory period until the end of 2019, the UK should have made new trade arrangements with the rest of the 27 EU member states.The EU-27 can deal with Britain in accordance with simple WTO rules, starting 2021, it can have limited agreements, which would only eliminate tariffs for goods and there is still a limited chance
of a complex FTA. Is there a chance that the UK will have a trade deal with the US first? Is it possible for the UK to negotiate two free trade agreements at the same time?
The opposed US and Chinese ambitions have set off a trade war that puts globalization into danger. On one track there is a strategic geopolitical and technological confrontation with China, which is here to stay and no sign of abating. On the other track is the new US-Chinese provisional trade deal and ceasefire in trade disputes.
What should be the position of Europe in all of this? Should a more proactive approach be taken?
PANEL B: Political dimension
The US 2020 presidential elections are coming. American presidents are often re-elected; if not, itis primarily caused by ongoing recession or other economics problems such as a petrol crisis or inflation. Europe and the USA are now divided about what steps to take towards ensuring the stabilization of the Middle East or what position to take towards Iran. Both partners also have got
different opinions on how to react on global challenges such as climate change. One of the most important challenges Europe is facing at the moment is the problematics of new attitudes toward
anti-monopoly policy and the definition of the relevant market. There are many conceptions on how to perceive this market in the globalized and digitalized world.
PANEL C: Security dimension
Europe and the USA are facing the same threats and challenges which means we need to cooperate and coordinate the mutual effort to protect liberty and democracy. We also need to form the political and security-strategic dialog so that misunderstandings between the two partners were reduced to a minimum. On the other hand, across Europe, there are increasing calls for a common
military so that we minimize our security dependence on the USA. This would mean higher contributions to the military for every EU member state. But it is not just about higher investments, we need to focus on efficiency. With new threats like cybersecurity comes a need for a strategic turnabout that emphasizes unity.
What are the Brexit consequences look like? How should Europe work on strengthening the transatlantic partnership?