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Borderlex Academy: How the global subsidy race is shaping global business and trade 

Borderlex Academy: How the global subsidy race is shaping global business and trade 

When: 23-24 January 2024 

Location: Brussels– Press Club and Sofitel Brussels Europe 

For further information including pricing and to book your place, please email: subscriptions@borderlex.net  

Industrial policy is the new game in town and industrial subsidies are back in advanced economies. Be it in the name of supply chain resilience, strategic autonomy, tackling the climate crisis or boosting the digital transition: these subsidies are challenging the global trading system to its core. They are also reshaping the playing field for internationally operating firms. They strongly play into the geopolitics of today, marked by the US-China rivalry, the continuously challenging EU-US trade relationships, and an existentially threatened World Trade Organization-centric trading order.  

After several years of dramatic policy and regulatory changes in the EU and beyond, this new edition of Borderlex’s flagship Academies aims to take stock of the new regulatory and trade policy landscape around industrial subsidies. 

This Academy will help attendees: 

  • Understand what current debates about ‘industrial subsidies’ are really about 
  • Get their head around what are the international rules (or absence thereof) on subsidies and how they shape the global level playing field: WTO rules and key bilateral or regional trade agreements 
  • Understand the dynamics of EU’s industrial policy and its related subsidies 
  • Gain initial insights into how the EU’s new foreign subsidies regulation is working out for businesses 
  • Benefit from first-hand insights into how China’s industrial policy is shaping the operating field for European firms 

Expect sessions on: 

  • Industrial subsidies and subsidy races: what are we talking about? 
  • State of the law: WTO, EU FTAs, CPTPP and their subsidies disciplines 
  • EU industrial policy – how it is working out 
  • How the EU targets foreign subsidies to ‘level its playing field’ 
  • US industrial policy and how it’s shaping its trade and trade defence policy 
  • A panel discussion on industrial subsidies in China: how they affect foreign businesses and how the EU is acting 

Confirmed experts who will be leading the training sessions: 

  • Jehan Sauvage, Trade Policy Analyst, OECD 
  • Lorand Bartels, Professor, Cambridge University 
  • Milan Elkerbout, Fellow, Resources for the Future
  • Eva Monard, Partner, Steptoe 
  • Amy Porges, Porges Trade Law PLLC 
  • Ester Cañada Amela, Head of Government Affairs, EU CCC Beijing 
  • Eva Valle Lagares, Head of Unit, Far East, DG Trade

Programme:

DAY ONE
13.30Registration, coffee and arrival
14.00Welcome and opening RemarksIana Dreyer, Founder, Borderlex
14.15Industrial subsidies and subsidy races: what are we talking about?

- What is an industrial subsidy?

- How much subsidising is happening where?

- Creating market distortions or delivering public goods?

- Trade policy implications of the new subsidy races
Jehan Sauvage, Trade Policy Analyst, OECD
16.00 Coffee
16.15State of the law: WTO, EU FTAs, CPTPP and their subsidies disciplines

- Understanding the WTO’s core disciplines on subsidies

- Understanding the ongoing ‘reform’ debate on industrial subsidies

- Do EU, US or Indo-Pacific free trade agreements innovation rules-making – do they make a difference?
Lorand Bartels, Professor, Cambridge University
18.00 End of Day One Academy
18.30-19.30, followed by receptionPanel discussion and cocktail reception – At Sofitel

Can the EU and US forge a new consensus on subsidies and save the WTO?
DAY TWO
8.30Coffee and arrival
9.00EU industrial policy – how it is working out

- From Battery Alliance to Chips Act and Net Zero Industry Act: the new industrial policy landscape in the EU

- Emerging realities of these initiatives and what it means for the EU’s trade and investment partner
Milan Elkerbout, Fellow, Resources for the Future
10.30  Coffee
11.00How the EU targets foreign subsidies to ‘level its playing field’

- Foreign subsidies regulation: first experiences

- Trade defence: a growing focus on foreign subsidies?
Eva Monard, Partner, Steptoe
13.00Lunch break
14.00US industrial policy and how it’s shaping its trade and trade defence policy

- Understanding the ins and outs of IRA, Chips Act and other industrial policy initiatives

- Impact on US trade policy strategy

- Impact on US trade defence and countervailing duty activities
Amy Porges, Porges Trade Law PLLC
15.15 Coffee break
15.45Panel: Industrial subsidies in China: how they affect foreign businesses and how the EU is acting

- What do we know about Chinese industrial subsidies?

- How are European firms managing?

- How is the EU engaging China to tackle subsidies issues?
Ester Cañada Amela, Head of Government Affairs, EU CCC Beijing


Eva Valle Lagares, Head of Unit, Far East, DG Trade
17.00End of Academy

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