Vietnam concluded an FTA with the EU in late 2015 and is keen on seeing it coming into force as soon as possible. Whereas the Commission is trying to ensure another agreement concluded almost at the same time as the Vietnam deal – CETA with Canada – gets ratified and can come …
Asia
ECJ annuls Indonesia and Argentina biodiesel antidumping duties
The Court of Justice of the European Union has asked the European Commission to annul current antidumping duties applied to biodiesel from Indonesia and from Argentina.
Jean-Claude Juncker presses for CETA
Commission president Juncker called on the EU to ratify CETA, the trade agreement with Canada concluded in February, and urged member states to accept reforms to the EU’s antidumping laws. “One billion more worth of exports creates fourteen thousand extra jobs in Europe”, Juncker said. “This is in …
Japan sets out post Brexit wish-list
The Japanese government very unhappy the United Kingdom for its decision to leave the European Union after last June’s referendum to that end. Tokyo has asked both parties to keep the UK’s economy as highly integrated as possible with the Single Market in their forthcoming Brexit negotiations. A frank and stern document released during the G20 summit in Hangzhou, China, …
EU presidents outline trade wish list for G20 summit as protectionism worries shift to investment
Council president Donald Tusk and Commission president Jean-Claude Juncker have set out the European Union’s priorities for the coming G20 summit in Hangzhou, China (4&5 September). The summit will deal with a wide array of economic topics, from tax to finance to climate issues, but also trade policy. The G20 summit gathers against …
Who wants a trade deal with the UK
Twelve deals. That’s what Liam Fox, the UK’s new man in charge of international trade wants to secure before the end of coming two-year negotiations between the country and the EU. So far, what do we know about who really wants a deal with the UK once it is out of the EU? …
Commission antidumping overhaul plans stirs mixed feelings
On Wednesday, the Commission announced it would no longer single out China in its antidumping duties ahead of a December 2016, deadline that it believes obliges it to drop it from the list of ‘non market economies’ that allow it to use a non WTO compliant methodology in calculating antidumping …
Post Brexit: UK’s Hammond courting China
The UK’s new Chancellor of the Exchequer Philipp Hammond is in Beijing to pitch the UK as an attractive investment destination post Brexit. Ahead of his trip Philip Hammond stated: “We have built a strong economic relationship with China and as Chinese investments into the UK continue to diversify and …
Sri Lanka on lengthy path to regain GSP Plus status
Since Sri Lanka has applied to regain its lost GSP Plus status. The government that came into power last year is aiming to break with the previous Rajapaska government’s track record on governance and human rights. After atrocities committed against the Tamil rebellion in 2009, the EU suspended the extra …
China MES: EU trade defence law to move “closer to American model”
Instead of risking not being in compliance with WTO rules by refusing to grant China market economy treatment in EU antidumping law, the Commission is seeking to overhaul its trade defence policy more broadly, and move it “closer to the American model of trade defence”, Commission Vice President Jyrki Katainen …
