The European Commission is expected to table its first text on data flows in a bilateral free trade negotiation on Friday. The commission will submit a text to the Indonesian government as part of ongoing trade talks. The move comes even though most EU member states are unhappy with the …
Asia
Week ahead in EU trade: INTA, trilogue, Japan, TRQs, China, Indonesia
The next two weeks are notable for all the rounds of trade negotiations: the EU will hold talks with China and Indonesia this week and then with Mercosur and New Zealand next week. In between, EU and Japanese officials will sign their economic partnership and strategic partnership agreements. But perhaps …
Beyond Brussels: As WTO sounds the alarm about protectionism, new US and Chinese tariffs kick in
US tariffs on Chinese goods kicked in today. So did Chinese duties on US products. Chalk up at least another two trade restrictions that will be added to the World Trade Organization’s next semi-annual listing of barriers erected by Group of 20 economies. Earlier this week, the WTO issued …
A week in Brussels: CETA, ECJ, Vietnam, Cambodia
It’s been an eventful week in Brussels, culminating with the ongoing European Council – which we will cover separately. The fear of US tariffs on autos, that the multilateral trading system will unravel and China, and frustrations at the slow pace of Brexit negotiations (here and here) have all dominated …
EU tears down trade barriers as Russia and China erect them
European companies exported an additional €4.8 billion in goods and services last year thanks to the removal of a record number of trade barriers, the European Commission says. But EU exporters noted a dramatic increase in protectionism in 2017, as trade partners including China, Russia and South Africa created more …
In brief: EU and China vow to exchange market access offers, work on WTO
European Commission vice president Jyrki Katainen prepared the groundwork for an EU-China summit in mid-July during today’s high-level economic and trade dialogue meeting in Beijing. The dialogue, initially set up in 2008, has never been much more than a talking shop. But it looks like this time could be different. …
Beyond Brussels: US tariffs on China mean pain, but how much gain?
Relations between the US and many of its trade partners were bad enough that there was really no need to add fuel on the fire by tossing out fresh incendiary comments. But that’s just what US Commerce Secretary Wilbur Ross did yesterday by calling for an even “more painful” environment …
EU-Vietnam FTA ratification push under way
After the European Commission and member states agreed this spring to accelerate the pace of internal procedures to get the EU-Japan and EU-Singapore free trade agreements ratified, the Vietnam pact concluded in 2015 was largely seen as set aside. But there’s movement to try to approve the deal before European …
Comment: Palm and soybean oil phaseout will test EU environmental objectivity
If the EU wants to avoid losing a potential World Trade Organization dispute following its decision to phase out palm and soybean oil-based biofuels, it will need to prove its environmenal criteria are objective. For political reasons, that will be difficult, as this might involve displeasing EU rapeseed and sunflower …
Week ahead in EU trade: Council, TPC, Brexit, EU Parliament, Hong Kong
Expect plenty of post-Group of Seven summit articles in the aftermath of the two-day meeting that ended in the escalation of a clash over trade and US President Donald Trump’s refusal to endorse a communique. Closer to home, the focus will be on meetings of the Council, the Trade Policy …