All EU institutions are singing from the same hymn sheet after requests came in last week from business groups to postpone the enactment of new tariffs due in August on one fifth of Cambodian exports. The message is the following: We are sorry COVID-19 let to 150.000 people losing their …
South Asia & ASEAN
Cambodia EBA suspension in shadow of COVID-19 and November ASEM summit
A few weeks before the Big Lockdown, the European Union announced it was suspending trade preferences enjoyed by Cambodia under Brussels’ flagship duty-free-quota-free trade regime for the world’s poorest countries. Despite the severe economic and supply chain damage wrought by the pandemic, the EU still appears to plan on pressing …
In brief: Council gives final green light to EU Vietnam FTA
Today EU member states gave their final assent to the EU Vietnam free trade agreement – the move was delayed by a few weeks due to the disturbances in the EU meeting calendar brought by the COVID-19 situation. The flagship trade pact with the South East Asian emerging market is …
Vietnam FTA: Netherlands calls for labour dispute settlement, COVID-19 delays
It should have been a formality. The EU Vietnam free trade agreement was due to be adopted at a meeting of trade ministers that was cancelled last week. This move followed on a decision by the Council not to hold ‘non essential’ Council meetings in Brussels in order to contain …
EU Thailand free trade agreement: member states want mandate revised
The European Union is preparing to re-launch free trade agreement negotiations with Thailand, a key member of the South East Asian grouping ASEAN.
ASEAN: the EU needs to get its human rights vs trade priorities right
Some week-end reading after many developments this week on EU ASEAN trade: Vietnam FTA, trade preference withdrawal for Cambodia, GSP reports on Myanmar and the Philippines, and an EU ASEAN Senior Officials meeting. Commentary by Borderlex editor Iana Dreyer.
Cambodian government defiant in face of partial EU duty free right suspension
The European Commission released a widely anticipated ‘delegated act’ in which, for the first time in the scheme’s almost fifteen-year history, suspends free trade rights for one of the poorest countries in the world. About 20% of Cambodian exports to the EU are covered by the planned preference withdrawal measures. …
Cambodian footwear, apparel, sugar face EU duty free status suspension
The European Commission has circulated initial proposals to an ‘expert group’ on the extent of suspensions of duty-free-quota-free export rights it currently grants to Cambodia. Apparel, footwear, travel goods and sugar from the fast-growing South East Asian country are among the products that will face the reintroduction of duties and …
Week in Brussels: China, Indonesia, New Zealand, ESA
With input from Chris Horseman. The week in EU trade was dominated by preparations for trade agreement negotiations with Britain next month and Phil Hogan’s delicate trip to the United States. Hogan’s tweets mention meetings with members of Congress and the Senate and Commerce Secretary Wilbur Ross. The ‘big’ meeting …
Week in Brussels: Breton data localisation statements, EU US, Vietnam FTA, IP
This week was mainly about the EU getting back into business mode. The main focus has been on preparing the ground for trade negotiations starting next month with the United Kingdom and managing transatlantic relations. More below. Commissioner Breton toys with idea of a data localisation obligations for business data …