EU – EIAS

New State in the Bloc: Opportunities And Limits for Timor-Leste and ASEAN

Timor-Leste’s accession as ASEAN’s eleventh member in October 2025 marked the end of a fourteen-year accession process and a major milestone in the country’s post-independence foreign policy. While widely celebrated as a symbol of regional inclusion and reconciliation, the membership raises deeper questions about integration, institutional capacity, and ASEAN’s ability to manage persistent development gaps among its members.

Streamlining Trade: Harmonising Customs Along the Trans-Caspian Corridor

The Trans-Caspian Corridor (TCTC) links Europe to the Greater Caspian Region and Central Asia, holding great potential to boost trade and diversify transport routes. Yet, fragmented regulations and limited digitalisation still slow its development. Tools such as eTIR, e-CMR, and Single Window Systems (SWS) can harmonise procedures and streamline cross-border trade. With its strategic location and digital reforms, the Greater Caspian Region stands at the centre of this transformation. Through region-to-region cooperation and interoperable digital frameworks, the EU can help make the TCTC a more efficient, competitive, and sustainable trade route between Europe and Central Asia.

How The EU Can Leverage The Current FTA Negotiations To Secure A Mutually Beneficial CRM Partnership With India

As the EU is set to accelerate on its path toward climate neutrality, technological sovereignty and independence, the European Union’s access to Critical Raw Materials (CRM) poses a pressing structural priority, with CRMs playing fundamental roles in the manufacturing of semiconductors, solar panels, wind turbines, and other essential components of the emergent green and digital economy. Despite this apparent strategic importance, the EU relies on a dangerously bottlenecked import base. With China producing 86% of the world’s rare earth minerals, the EU imports 100% of its supply of heavy rare earth elements (REE) from China. Such a dependency transforms CRMs from merely a supply chain concern into a genuine geopolitical challenge. This policy brief argues that CRM integration into the EU-India FTA would be a strategic necessity for the security of Europe’s industrial future.

EU-China Trade: Facilitating Bilateral Trade Through a Joint Fiat-Backed Stablecoin

This EIAS Briefing Paper explores the implementation of a joint, fiat-backed stablecoin as a tool for facilitating EU-China Trade, which reached a valuation of approximately 762 billion USD in 2024. Despite the high volume of Bank-to-Bank (B2B) transactions, bilateral trade remains tethered to inefficient financial infrastructure characterised by high foreign exchange (FX) markups, third-party reliance, and settlement latencies. These frictions impose systemic costs and lock up billions in working capital. This paper proposes a private fully-collateralised stablecoin pegged to a 50/50 basket of the Euro (EUR) and Offshore Renminbi (CNH). Blockchain architecture and smart contract automation offers the potential of near-instantaneous completely transparent settlement and reductions in transaction costs to a fraction of traditional transfers.

Chinese Banks in the EU: Structures, Functions and Regulatory Challenges

Chinese banks have established themselves in the European Union as key players in financing trade, investment, and business activities between Europe and China. Their special institutional structure in the form of the ‘branch-cum-subsidiary’ model, often established in Luxembourg, allows for high financial flexibility, but also brings regulatory tensions. At the same time, new European regulations on banking supervision, investment control, and economic security are changing the framework of their activities within the union. This leads to challenges and new requirements for a balanced and reciprocal design of EU-China financial relations.

CEPA and the EU’s Indo-Pacific Test: Can Strategic Pragmatism Meet Sustainability?

After nearly a decade of negotiations, the European Union and Indonesia have concluded their Comprehensive Economic Partnership Agreement (CEPA), a landmark deal linking Europe’s de-risking ambitions with Southeast Asia’s development priorities. As the agreement enters the complex EU ratification process, questions arise over whether Brussels can strike a balance between environmental integrity and strategic pragmatism. Palm oil, nickel, and sustainability compliance will test both partners’ political will and the EU’s ability to act as a credible, values-driven actor in the Indo-Pacific.

Ishiba Steps Down: What Comes Next for Tokyo and Japan-EU Relations?

On the evening of Sunday 7 September 2025, Ishiba Shigeru announced he was stepping down from his position as the Prime Minister (PM) of Japan after less than a year in office. The decision has come following multiple election blows of his ruling coalition, consisting of Ishiba’s Liberal Democratic Party (LDP) and Komeito. Already in October 2024, just weeks after having assumed office, the coalition lost its majority in the Lower House, following poor results in the general election. In July 2025, the majority was also lost in the Upper House after disappointing parliamentary election results, causing calls for Ishiba’s resignation as Prime Minister to grow louder.

In Memoriam – Paul Joseph Lim

It is with great sadness that we inform you of the passing of Dr. Lim Huat Chye Paul Joseph, one of the co-founders of the European Institute for Asian Studies. Suffering from a virtually incurable illness, he passed away on 21 July 2025 at the St-Luc Clinic in Bouge (Namur). Our heartfelt condolences go to his family, closest friends and loved ones.

The Impact of CBAM in the Greater Caspian Region

The EU’s Carbon Border Adjustment Mechanism (CBAM) will enter its definitive phase in January 2026, and CBAM tariffs are set to have major ramifications for countries exporting goods to the EU. What will be the impact of CBAM on Azerbaijan, Kazakhstan and Turkmenistan, also referred to as the Greater Caspian region?