After this summer’s successful EU-China summit, Brussels and Beijing are trying to find common ground on trade and investment as well as World Trade Organization reform. Yet despite an exchange of market access offers as part of ongoing investment talks, the two sides are finding it hard to bridge gaps. Worse, …
Asia
Beyond Brussels: G20 eyes bland trade consensus as US, China seek reset
Trade ministers from the world’s top 20 economies will gather today in the coastal Argentine town of Mar del Plata to discuss issues such as e-commerce and inclusive global value chains in the agricultural sector. But there can be little doubt that the $500 billion firestorm brewing between the US …
Shield banks, energy and supply chains from Chinese takeover, says EU Parliament
The European Parliament adopted a new resolution on EU-China relations. China is a divisive topic in the European Union. Yet the report, adopted in a comparatively smooth process with a strong majority of 530 MEPs, can be said to reflect a consensus view of the bloc’s political establishment on the …
A week in Brussels: Western Sahara, Thailand, EU trade budget
This week was largely dominated by the European Parliament’s work on trade, the transatlantic trade rift and the deepening crisis of the WTO’s Appellate Body. This is what we wrote about this week: The WTO Appellate Body crisis here and here Southern Africa and UK trade post Brexit State of …
Commentary: Italy’s new government risks undermining EU unity on trade and investment
Italy’s new coalition government is pushing a protectionist agenda that puts national sovereignty at the centre and may well set the country on a collision course with Brussels, Berlin and Paris, argues Nicola Casarini. The new government in Rome is promoting ‘Italy First’, a set of policies that may undermine …
EU-Japan deal gets warm welcome, despite sense of unfinished business
The EU and Japan signed their long-awaited economic partnership agreement in Tokyo today. The deal was flanked by announcements that both sides had finalised work to recognise each other’s data privacy regimes – also called ‘adequacy decisions’ – to complement the trade agreement. The moves were well received in policy …
Section 232: US brings dispute on EU, Chinese ‘rebalancing’ measures to WTO
Washington has hit back at five World Trade Organization members for “illegal” tariffs that were imposed on US products in response to the Trump administration’s decision to apply duties on foreign steel and aluminium. The US announcement today that it had filed five complaints targeting the EU, China, Canada, Mexico and …
EU-China summit: Beijing and Brussels pull together on investment and trade
This is probably a knock-on effect of the United States administration’s recent international policies ranging from Iran to climate change and trade: the EU and China managed for the first time in three years to release a joint statement after their summer annual summit. The 13-page document details areas – …
EU signs China up to WTO reform
The EU is stepping up the pace in bringing forward a World Trade Organization reform agenda announced this spring as the crisis over Appellate Body nominations deepens in Geneva and the world entered the turbulent waters of tit-for-tat trade retaliation in the aftermath of the US decision to impose unilateral …
Week ahead in EU trade: Mercosur, New Zealand, Brexit, China, Japan, Appellate Body
This is a week of summits and negotiations: the EU will start talks with New Zealand, continue discussions with Mercosur and hold high-level meetings with China and Japan (delayed from last week). And toward the end of the week, when the World Trade Organization’s Dispute Settlement Body meets, we might …