There is nothing ‘new’ to report from three days of meetings of WTO ambassadors this week under the format of an ‘Informal TNC’ and a ‘General Council’. As usual, the large powers have spent time bickering over ‘market oriented conditions’, ‘special and differential treatment’ for developing countries, dispute settlement, agriculture, …
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EU authorised to hit US $ 4 bn in United States trade
Updated on 13 October 2020 at 18.11 CET. The European Union may retaliate against the United States following damage to Airbus’ sales of aircraft to prospective clients from government subsidies to Boeing. The amount of annual trade that may be covered by EU retaliation is US $ 3.99 billion.
Post-COVID 19: Positions on trade harden in European Parliament
A vote on a low-key European Parliament report this week turned into a major battle over the direction of trade policy in a post COVID-19 world. It worked as a catalyst, revealing growing rifts reaching right into the political centre-ground on European trade politics in a turbulent time. Green goals …
In brief: Nigerian and Korean candidates to WTO DG post in final shortlist
The EU’s two preferred candidates to become the next WTO director-general are expected to make it into the final round of ‘confessionals’. A formal announcement is expected by the WTO on Thursday. But as expected, the names of the two favourite candidates, Ngozi Okonjo Iweala from Nigeria and Yoo Myung-hee …
EU Mercosur trade pact hits first European Parliament hurdle
If you think that, because Valdis Dombrovski’s nomination to become the next trade commissioner of the EU was relatively smooth sailing in the European Parliament, MEPs will make life easy for him, you are mistaken. A group of MEPs had amendments successfully adopted in a plenary vote on Tuesday (6 …
The Dombrovskis trade plan
Valdis Dombrovskis is expected to receive the assent of the European Parliament to take on a new role as commissioner for international trade at a vote in plenary on Wednesday morning (7 October 2020). Although it’s never a done deal – the Parliament’s Conference of Presidents has “made a final …
WTO – EU to FAST: let’s go slow
The European Commission circulated a paper to European Union member states on how it wants to approach ‘trade and sustainability’ in the World Trade Organization ahead of a member state meeting on the topic held on Monday. The key message: let’s go slow on trade and environment in the world …
WTO: The definitive end of optimism on the Appellate Body
The United States’s envoy to the World Trade Organization Dennis Shea poured cold water on any hopes – if there were any left – that this administration would enter into negotiations on reforming and restoring the institution’s Appellate Body.
Enforcement regulation trilogue: institutions still wide apart
Views on what should be included in the coming revamp of a trade ‘enforcement regulation’ tabled by the European Commission late last year are still wide apart.
MEPs signal initial support for EU-US lobster deal
Spokespeople for the largest political groups in the European Parliament’s international trade committee are signalling endorsement for the ‘lobster for lighters’ deal inked by former European Union trade commissioner Phil Hogan and United States Trade Representative Robert Lighthizer.