It’s very rare to hold two High Level Economic Dialogues between the EU and China within two months – the last one was on 10 June. But the times are exceptional enough to warrant it. The two sides did not release a joint statement after the meeting. But the European …
EU trade policies
EU faces appeal dilemma after anti-dumping method loss at WTO against Russia
On Friday a World Trade Organization dispute settlement panel established at the behest of Russia ruled that the European Union’s ‘cost adjustment methodology’ relating to how it accounts for raw material input costs on exports of products it deems ‘dumped’ was not compliant with the global trade rule-book. The ruling …
Week in Brussels: Airbus subsidies, TDI, corporate responsibility, Moldova, Corona
In many ways this has been a week full of trade defence news: the first European Court of Auditors report on EU trade defence policy was released this week, and Turkey decided to go to court in Geneva over the EU’s steel safeguard. There is also the ever-simmering tariff guerilla …
Comment: The European Court of Auditors report on the EU’s trade defence policy
The first ever ECA report on trade defence policy in the EU gives the Commission a clean slate in the way it handles its cases. But one most read the fine print and in between the lines : and then one cannot but be confronted with some disturbing questions. By …
Turkey requests WTO panel in dispute with EU over steel safeguard
Turkey has decided to litigate. Earlier this year, Ankara requested consultations with the European Union as Brussels revised for the second time a contentious safeguard on steel imports introduced initially in 2018. The measures were taken in response to the United States’ decision back then to restrict imports of steel …
Week in Brussels: trade dive, DG Trade reorganisation, Belgium, Irish protocol
This has been a heavy-duty week in EU trade, with the transatlantic relationship thrown in disarray by the new Court of Justice of the EU’s ruling on the EU-US Privacy Shield. Also the EU and India genuinely want to move on and established a High Level Dialogue. The European Commission …
EU business wants ‘positive agenda’ with US – as Schrems II throws new spanners in transatlantic works
Today’s judgement of the Court of Justice of the European Union invalidating the 2016 Privacy Shield in force with the United States is throwing further spans in the works of the increasingly tense transatlantic relationship. “Unfortunately, the impact on EU-US trade relations is going to be huge,” reckons Peter Chase, …
EU, India set up High-Level Dialogue to help unblock trade and investment impasse
The European Union and India decided today to upgrade their diplomatic relationships on a variety of fronts during a virtual bilateral summit between the Indian prime minister and the heads of the European Council and Commission. A bilateral ‘dialogue’ will be the main vehicle driving the process. The meeting between …
Week in Brussels: border carbon adjustment, Brexit preparedness, ESA, Georgia
Carbon border adjustment – Lange prefers ETS extension The German chemical industry association VCI held a webinar this week on trade policy and climate change. International trade committee chair Bernd Lange was a speaker. Whether this is an indication of what is to come as the EU prepares to prepare …
Ukraine, EU prepare ground for Association Agreement upgrade amidst trade growth
The Deep and Comprehensive Free Trade Agreement between the European Union and Ukraine has very obviously yielded concrete results: trade both ways has increased by almost 50% between 2016 and 2019, according to a new evaluation report released by the European Parliament. The DCFTA is part of a wider Association …