Perspectives on Trade – Perspectives on Trade

Key International Procurement Developments in 2025

A new Briefing Paper, “Key International Procurement Developments in 2025,” published by Thomson Reuters, looks at key developments in international government procurement in 2025. The Paper begins with the Trump administration’s tariff and trade policies, which are reverberating throughout the global trading system. On government procurement, they include a threat to withdraw from the WTO Government […]

A New Trade Agreement Signed by EU & Mercosur

More than a year after the European Union (EU) and Mercosur—the South America trade bloc (Argentina, Brazil, Paraguay, and Uruguay) —completed negotiations of a trade agreement, they were finally able to sign it on January 17, 2026. EU approval was delayed by member state opposition. The states finally gave the “green light” on January 9, albeit with a qualified majority—the […]

WTO Procurement Agreement: Modest Developments in 2025

In its recently issued annual report, the WTO Committee on Government Procurement highlighted progress on accessions to the WTO Government Procurement Agreement (GPA)–but added no new members, its decision to provide greater transparency of its work, its work programs, and its designation of a new chair (from Norway). This post examines the key developments over the past […]

US Tariff Deal with Switzerland and Liechtenstein Extends to Procurement

In its recent tariff and investment agreement with Switzerland and Liechtenstein, the Trump administration obtained a commitment from the two countries to curtail the access to their government procurement of countries that are not parties to the WTO Government Procurement Agreement (GPA) or free trade agreements (FTAs). This commitment responds to a concern set out […]

EU Opens New Foreign Subsidies Investigation of a Chinese Firm

The European Commission has initiated an in-depth investigation under the Foreign Subsidies Regulation (FSR) to determine whether a Chinese bidder has an undue advantage in a Portugal procurement as the result of foreign subsidies. This is the fourth FSR investigation that has targeted Chinese companies. In the first three cases, the Chinese firm withdrew from the procurement. […]