The European Union and China have been negotiating a bilateral investment agreement for seven years. Are they anywhere close to concluding a deal? It is not yet entirely clear how mature the negotiations are with China nor how close the parties to having close-to-consolidated treaty language ready for politicians to …
EU FTAs & bilateral ties
WTO, US, health and trade at ministers’ table in Brussels
European Union trade ministers approached the issue of who they will support as the next World Trade Organization’s director-general with great prudence. The second ‘FAC Trade’ of the year held online today was an opportunity for EU capitals and the Commission to touch base on the bundle of recent WTO issues …
Week in Brussels: China, Dutch Mercosur vote, Australia, Myanmar, Bangladesh
This week has been dominated by news and gossip surrounding the nomintion of a successor for the WTO’s outgoing director general. Today, Nigeria announced it was planning to nominate former finance minister and World Bank official Ngozi Okonjo-Iweala – a high profile nomination to say the least. The nomination period …
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 …
New US Section 301 and 232 investigations target EU, Austria, UK
The United States Trade Representative has launched a new Section 301 investigation into the European Union’s plans to introduce a digital services tax as a means to fund its next seven-year budget. A new national security investigation could lead to tariffs on Austrian exports of vanadium. The Commission had tabled …
Week in Brussels: WTO, human rights due diligence, Korea thermal paper, document transparency
The trade week in the EU was significant, with new orientiations for policy spelt out as part of the bloc’s post-corona recovery plan. WTO: But the week in not entirely over as members of the WTO General Council meet today and next Tuesday online to confer about the next steps …
Blog: EU and Japan compare notes ahead of G7
The EU and Japan held a bilateral virtual ‘leadership meeting’ today, in which the two parties reiterated their commitment to working together at the international level. The meeting was held in advance of a coming G7 meeting in the United States. The joint statement released after the meeting brings little …
Week in Brussels: Turkey pharma case, Africa, Biodiversity
Turkey pharma case in WTO The European Commission published this week its first legal submission in a dispute it filed against Turkey last year at the World Trade Organization concerning the EU’s neighbour’s restrictive policies in the area of pharmaceuticals. The case ‘Certain Measures concerning the Production, Importation and Marketing …
Comment: the EU Mexico deal on public procurement
And the winner is…. the EU’s measurement instrument industry, perhaps. The European Commission recently published the final outcome of negotiations in the public procurement area agreed with Mexico as part of an upgrade of the EU Mexico Global Agreement. It took the two parties less than two years to upgrade …
A post COVID-19 trade conversation between the EU and the US
European Union trade commissioner Phil Hogan announced he wanted a reset of trade relations with the United States during an interactive session with an e-audience of hundreds of listeners convened by the Irish think tank Institute on International and Economic Affairs on Wednesday. The two have plenty to talk about …