It was meant to be largely a technical exercise. It turned out to be more political than expected. The European Union is about to adopt a new regulation on safeguards on imports that will apply equally to all its new bilateral free trade agreements. A final compromise among the three …
EU FTAs & bilateral ties
Beyond Brussels: US Section 301 report highlights on China
The latest US report detailing Chinese policies involving the transfer of technology, intellectual property and innovation is full of “groundless accusations”, according to China’s Ministry of Commerce. The update, which stems from the Trump administration’s Section 301 investigation, was released a day after the US proposed stepping up scrutiny of …
Commission to table safeguards on rice imports from Myanmar, Cambodia
The European Commission is mulling safeguard measures against rice from Cambodia and Myanmar, two of Asia’s poorest countries benefiting from the bloc’s Everything-but-Arms trade preferences.
Flash! EU WTO panel request on US Section 232 proceeds
The World Trade Organization’s dispute settlement body will establish panels based on complaints filed by China, the European Union, Canada, Mexico, Norway, and Russia against United States tariffs on steel and aluminium introduced for national security reasons last spring. A Turkish panel request is still pending at the time of writing. …
EU-US: Commission preparing two negotiating mandates
The European Commission is preparing two formal negotiation mandates from member states as part of its talks with the United States to bring forward trade relations as part of a joint executive working group set up this summer to calm trade tensions. Chief negotiator Ignacio Garcia-Bercero said his department is …
Beyond Brussels: Will WTO crisis lead to ‘anarchy’ and ‘new cold war’?
One has to wonder what Cecilia Malmström heard in Washington this week that spurred her to step up her warnings about the urgency of modernising the World Trade Organization at a conference hosted by the French economics ministry today.
In brief: Malmström sees early 2019 as EU-US regulatory deal milestone
EU trade commissioner Cecilia Malmström reported “progress on regulatory cooperation” during her meeting with counterpart Robert Lighthizer in Washington yesterday. The two sides are seeking to strike bilateral deals to reduce red tape for trade at the border and avoid duplicative testing procedures. “We could see decisions already [in the] …
Cold wind blows on trade with Europe after Trump’s France visit
The White House is circulating a Section 232 report by the Department of Commerce on the national security implications of auto imports ordered by US President Donald Trump last summer for feedback among various US government departments. The move comes days after US midterm elections and following a trip over …
Vaughan: Future EU-UK relationship talks must proceed quickly after March
Glenn Vaughan, chief executive of British Chambers of Commerce EU & Belgium, talks about future European Union-United Kingdom trade relationships with Borderlex’s Iana Dreyer. ‘No deal’ cannot be allowed to happen, he says, and Britain will be stronger on the international stage the more it stays aligned with the EU. …
Week in Brussels: Ministers set January target for US trade negotiation mandate
Today’s ‘FAC Trade’, as the meeting of trade ministers in November is called in the jargon, was intense. Here’s a rundown of the main outcomes of a meeting that was mainly about taking stock of many trade files.