It’s been the kind of week that is sprinkled with a slew of ‘little’ news but little that is earth-shattering. Some news were rather big such as the launch of investment promotion agreement negotiations with Angola, the announcement that the EU and Kenya will apply their EPA bilaterally or the …
Miscellaneous EU trade files
EU to extend steel safeguard for another three years
The European Union is planning to extend its three-year safeguard into imports of steel for another three years, in a move that is unprecedented in the EU’s trade defence history.
Week in Brussels : COVID-19 vaccine local content requirement, CAI, Sweden-EU-UK`
It’s been quite the week in trade policy in Brussels, with the transatlantic relationship and global vaccine access a central theme. We had a suspension of tariff escalation plans by the EU to leave room to the United States to somehow phase out their Section 232 steel and aluminium tariffs …
European Union to table new counterproposals on trade, health, vaccines at WTO
The European Union wants to be seen as a solutions-provider in the ongoing World Trade Organization’s health-related dealings. This comes after having been caught unawares by a recent decision by the United States to drop its long-held belief in the unassailability of pharmaceutical patents and negotiate a waiver on TRIPS …
EU tariff ‘goodwill gesture’ comes as US Section 232 metals tariff intentions remain unclear
The European Union has agreed not to proceed with a second tranche of retaliatory import duties on United States imports on 1st of June as originally planned in order to leave room for further negotiations with the United States. The duty enactment could be deferred for up to six months.
WTO TRIPS waiver: EU puts vaccination production and exports first
The global news cycle is dominated today by the decision by the United States to support the idea of a waiver on intellectual property rules enshrined in the World Trade Organization.
EU introduces foreign subsidy control regulation
The European Commission released today its regulation proposal for an instrument to control “foreign subsidies distorting the internal market”.
Revised EU industrial strategy : fourteen sectors slated to reduce ‘strategic dependencies’
Alongside long-announced new legislation aimed at countering the distortive effects of subsidies of non-EU firms operating in the European Single Market, the Commission is set to unveil a revised industrial strategy in the coming days.
EU-US: Section 232 conversation starts moving, dispute resolution still elusive
There are timid signs of a gradual Washington ‘awakening’ to trade files that the European Union would want to settle with Washington to move on on trade.
EU, UK play hardball on Section 232 tariffs
The countdown for a second round of European retaliatory tariffs in response to United Sates tariffs on steel and aluminium from the European Union and the ex-EU member United Kingdom is now clearly on.