Glenn Vaughan, chief executive of British Chambers of Commerce EU & Belgium, talks about future European Union-United Kingdom trade relationships with Borderlex’s Iana Dreyer. ‘No deal’ cannot be allowed to happen, he says, and Britain will be stronger on the international stage the more it stays aligned with the EU. …
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Week ahead in EU trade: Brexit, WTO, South Africa
Four themes will dominate EU trade this week: Brexit, transatlantic relations, WTO issues, and South Africa. Brexit – deal or no deal? It is 9 am Monday morning and EU27 member state ministers are marching as we speak into the Justus Lipsius building on rue de la Loi in Brussels …
Week in Brussels: Ministers set January target for US trade negotiation mandate
Today’s ‘FAC Trade’, as the meeting of trade ministers in November is called in the jargon, was intense. Here’s a rundown of the main outcomes of a meeting that was mainly about taking stock of many trade files.
Beyond Brussels: Midterm election outcome won’t change US trade policies, pundits say
This week’s midterm election will probably have little impact on the Trump administration’s trade policies, though the Democrats have a role to play in ratifying the US-Mexico-Canada Agreement and oversight of new trade negotiations.
Update: Friday’s trade ministers’ meeting, EU-US, Mercosur, investment screening
The Brussels trade bubble is focusing on what will happen at the ‘FAC Trade’ on Friday. The biannual trade ministers’ meeting is above all a stocktaking and brainstorming exercise. The culminating point will be the traditional lunch, where the conversation will focus on EU-US trade relations. Apart from transatlantic relations, …
Singapore IPA: Commission tells MEPs cancelling existing bilateral BITs is first priority
MEPs are preparing the ground to ratify the EU-Singapore free trade and investment protection agreements in the hope this can be done early next year. “We have kept waiting our Singaporean friends for quite some time,” David Martin, rapporteur on ASEAN trade, said during today’s trade committee meeting. The original …
MEPs set EU-Japan EPA on track for December ratification
Members of the European Parliament’s international trade committee gave the green light today to the EU-Japan Economic Partnership Agreement. The landmark deal is expected to cover a third of global output and is among the most commercially ambitious trade accords in the world. It substantially liberalises trade in goods and …
Week ahead in EU trade: Japan, Singapore, FAC Trade
After a long All-Saints week-end, this early November week begins in a rush. The focus will be on legislative work in Brussels, which will be overshadowed by developments in the United States. President Trump has announced new sanctions on Iran today, one day before mid-term elections. The Iran move is …
Quotas in EU free trade agreements don’t deliver the goods
The European Commission released a report on the implementation of its free trade agreements. While the report confirms that trade tends to increase under a bilateral preferential accord, not every aspect of a trade deal functions the way it should.
WTO crisis: US cites 1989 GATT text and EU Pakistan PET case in exposé of DSB criticisms
The World Trade Organization’s major trading powers blocked each others’ requests for dispute settlement panels on disputes that are likely to shape the future of the world trading system, deferring their resolution to a future date. Monday’s DSB meeting in Geneva however allowed members to hear in detail US objections …