International Conference on Eurasian Economies
1-3 July 2014 – Skopje, MACEDONIA
Paper detail
Paper ID : 1076
Status : Paper published
Language : English
Topic : International Trade and Globalization
Presenter: Prof. Dr. Armağan Gözkaman
Session : 4A International Relations
The (No-)Impact of the Arms Embargo on the Relations between the European Union and China
The (No-)Impact of the Arms Embargo on the Relations between the European Union and China
- Prof. Dr. Armağan Gözkaman (Istanbul Beykent University, Türkiye)
Abstract
The present study focuses on the relations between China and the European Union by taking into consideration a specific matter of discord: The arms embargo, which is effective since 1987 and which has political and economic repercussions. Chinese authorities have frequently asked for the removal of the embargo, but the European authorities declined despite internal divisions. Nevertheless, commercial relations between Brussels and Beijing grow bigger and no deterioration is expected in the foreseeable future. The objective of the study is to find the reasons why the embargo may still remain in place. The reason why European authorities stick to the ban is threefold. First, their arms sales to China can lead to a shift in the balance of power with undesired consequences. Second, the European Union is backed by major powers (especially Japan and the USA) on the issue. Third, the current stalemate has not impeded the development of political and economic relations between Beijing and Brussels so far.
JEL codes: F51, F59
Gözkaman, Armağan (2014). "The (No-)Impact of the Arms Embargo on the Relations between the European Union and China" in Proceedings of International Conference of Eurasian Economies 2014, pp.111-117, Skopje, MACEDONIA.
DOI: https://doi.org/10.36880/C05.01076
Session 4A: International Relations
