The biggest European textile business organisation Euratex released a position paper on the industry’s future trading relationship Britain as leaves the European Union. Euratex key demands are: a transitional arrangement that avoids any abrupt change in the trading relationship after March 2019, when the UK is set to depart, duty-free trade …
Author: Iana Dreyer
The week’s wrap up in pdf
Please find here your weekly PDF wrap up. The headlines: EU Summit: investment screening divides member states Blog: EU Summit – leader statements on free trade, FTAs, Brexit Spanish socialists in CETA U-turn Section 232 – Aluminium speaks, EU governments talk EU Japan FTA : some capitals not ready …
Blog: EU Summit – leader statements on free trade, FTAs, Brexit
The European Summit has started in Thursday (22 June 2017). Trade is not on the agenda before Friday (23 June 2017). However, it is going to be a central topic. We’ve selected a few leader statements to gauge the political temperature and the objectives of a few member states on trade agreements, …
Spanish socialists in CETA U-turn
PSOE chief Pedro Sanchez announced his party would not ‘support CETA’, marking a notable u-turn. Spanish socialists, the main opposition party, have so far proven to be in favour of ratifying the EU Canada trade agreement, but internal divisions over the stance have come to the open. The party …
Section 232 – Aluminium speaks, EU governments talk
The world is watching as the United States holds a hearing on Thursday (22 June 2017) in Congress on the so-called Section 232 investigation, gauging whether imports of steel and aluminium harm US national security. After NATO members calling on the US not to harm exports of US allies, steel …
New TDI method vote: MEPs set to push back on Commission plans
MEPs of the European Parliament’s trade committee adopted a report calling on the EU to go further than planned in a current move to overhaul the EU’s standard trade defence calculation methodology. The vote – with a majority of 33 INTA committee members in favour – comes as the EU prepares …
In brief: EU business call for early talks on transition arrangement with UK
European business is pressing for an early solution for trading arrangements for the Brexit cut-off date set for 29 March 2019. The EU and the UK have made it official that they were formally launching the latter’s membership withdrawal negotiations on Monday 19 June 2017, as initially planned. Both sides …
Trilogues : breakthrough on Ukraine autonomous measures
The European Commission, the Council and the European Parliament reached a political agreement in their ‘trilogue’ talks regarding unilateral trade preferences the EU is planning to grant Ukraine. The deal was sealed late in the night of 13 June 2017. The final offer to Ukraine could be made during …
US Section 232 : French, German, UK steel most at risk in Europe
A new study released by the Washington-based Peterson Institute reveals that German, British and French steel exports are likely to be hit most by new trade retaliatory measures initiated and envisaged by the Donald Trump administration since it took office in January 2017. The US has initiated various antidumping measures …
Agriculture: Eleven member states want EU Mercosur talks suspension
The Council meeting on agriculture and fisheries held in Brussels on Monday (12 June 2017) lay bare a deep divide over ongoing trade policy between a group of countries made up of Southern European countries, Ireland, and Central and Eastern European countries, and the rest of the EU. Eleven countries called on the EU to take a cautious …