The European Union brought its first dispute under a bilateral free trade agreement against Korea. The EU alleges that Korea’s failure to ratify several International Labour Organisation core conventions, in particular Convention 87 on freedom of association of workers, is a breach of its terms under their 2010 trade pact. …
EU FTAs & bilateral ties
Biden administration trade policy and the EU: what to really expect?
The European Union’s political establishment is relieved that the Democratic candidate to the White House Joe Biden has won the United States elections this month. While improvement of political relationships is in the offing, a there will be no miraculous return to close and harmonious relationships across the Atlantic. And …
Comment: Transatlantic trade relations after the US elections
Whoever ends up winning the election in the United States, the European Union now urgently needs to put serious security and geostrategic thinking first and avoid using its trade policy as an easy ‘ersatz’ for genuine security and international diplomacy, argues Borderlex’s founder Iana Dreyer.
EU authorised to hit US $ 4 bn in United States trade
Updated on 13 October 2020 at 18.11 CET. The European Union may retaliate against the United States following damage to Airbus’ sales of aircraft to prospective clients from government subsidies to Boeing. The amount of annual trade that may be covered by EU retaliation is US $ 3.99 billion.
Post-COVID 19: Positions on trade harden in European Parliament
A vote on a low-key European Parliament report this week turned into a major battle over the direction of trade policy in a post COVID-19 world. It worked as a catalyst, revealing growing rifts reaching right into the political centre-ground on European trade politics in a turbulent time. Green goals …
EU Mercosur trade pact hits first European Parliament hurdle
If you think that, because Valdis Dombrovski’s nomination to become the next trade commissioner of the EU was relatively smooth sailing in the European Parliament, MEPs will make life easy for him, you are mistaken. A group of MEPs had amendments successfully adopted in a plenary vote on Tuesday (6 …
The Dombrovskis trade plan
Valdis Dombrovskis is expected to receive the assent of the European Parliament to take on a new role as commissioner for international trade at a vote in plenary on Wednesday morning (7 October 2020). Although it’s never a done deal – the Parliament’s Conference of Presidents has “made a final …
MEPs signal initial support for EU-US lobster deal
Spokespeople for the largest political groups in the European Parliament’s international trade committee are signalling endorsement for the ‘lobster for lighters’ deal inked by former European Union trade commissioner Phil Hogan and United States Trade Representative Robert Lighthizer.
Steel, WTO leader selection, Mercosur at trade minister’s table
Protecting the steel industry, what to do with the EU Mercosur trade pact and finding common ground in the WTO director-general selection process were among the main topics discussed by trade ministers in Berlin today at an informal meeting hosted by the German presidency of the Council.
Week in Brussels: Pharma reshoring, textiles and GSP, Moldova meat
With input from Sarah Anne Aarup. This week we saw an EU-China summit deliver some progress on the lengthy path towards a bilateral investment agreement. It also revealed that rules-based international trade is Chefsache in the Commission, with president von der Leyen dwelling extensively on the matter in her State …