The Impacts of the Proposed EU-Libya Trade Agreement
IEMed Mediterranean Yearbook, Med.2010, 2010
Posted: 13 May 2011 Last revised: 5 Feb 2014
Date Written: March 12, 2010
The paper provides an overview of the potential social, economic and environmental impacts of an EU-Libya FTA as gauged by the EU-Libya Trade Sustainability Impact Assessment (SIA). The main potential benefits to both the EU and Libya from the proposed trade agreement come from closer cooperation in the energy sector rather than from the economy-wide effects of reducing trade barriers. The agreement may also have significant adverse effects that need to be taken into account.
Keywords: EU-Libya Trade Agreement, Sustainability Impact Assessment, Trade Impact Assessment, developing countries trade impact assessments
JEL Classification: O24, Q56, F17, D58, F1
Suggested Citation: Suggested Citation