The European Parliament voted by an overwhelming majority today in favour of an EU-wide investment screening mechanism. Here the main points of the new piece of legislation.
EU trade policies
Flash: Super-majority for new EU investment screening mechanism in European Parliament
The European Parliament overwhelmingly voted in favour of a new ‘screening’ mechanism for foreign direct investments. The new regulation mainly enables information sharing among member states on investments into sectors deemed sensitive through a mechanism coordinated by the European Commission. The aim is to watch investments that could jeopardise security …
EP: Singapore trade pact does less well than EPA with Japan, better than CETA
The European Parliament gave its assent to the EU Singapore free trade agreement, to a separate investment protection agreement, and to a Partnership and Cooperation Agreement today. The trade pact did less well than the EU Japan Economic Partnership Agreement voted in last December. The Singapore FTA received 425 votes …
Blog: 750 mn euros Italian auto sector losses and other trade numbers
Tired of gloomy trade news? Let’s have some fun today. Here four numbers worth playing around with this week. 750 000 000 That’s the number of US $ worth of economic output Italy alone could lose should the United States close off its market to German autos and parts. The …
Cambodia: Is the EU serious about human rights or is it just fending off a new competitor?
The EU is threatening to suspend imports from Cambodia due to human and labour right violations. But the products under discussion for suspension are precisely those where the EU has a track record of entrenched protectionism. This looks like a clear case of double standards, opines Iana Dreyer.
A week in Brussels: EU US, China regulations, Swiss vs Lux steel, Mercosur
It’s been an intense week on the Brexit front as European Union free trade agreements start being rolled over and gradually transformed by exiting Britain, and ‘No Deal’ Brexit is keeping EU agribusiness awake at night. Loads in our Brexit section here. Transatlantic, Vietnam and the EU’s own sneaky protections …
Vietnam-based EU businesses warn investments could turn sour if trade pact falls through
European businesses operating in Vietnam warn that their investments might turn sour if the EU Vietnam Free Trade Agreement does not come into force this year. The move comes as the pact faces renewed delays in Brussels. Parliament postpones work on Vietnam pacts On Monday, the chairman of the European Parliament’s …
Week in Brussels: US trade deal mandate update, Cambodia, Japan, olives
This week was all about transatlantic trade, biodiesel (here and here), the CETA investment court, Brexit preparedness and UK FTA rollovers. Below other important news. EU-Japan FTA comes into force Business and governments in the EU and Japan are cheering. The largest-ever trade agreement so far came into force today. Here, our …
EU and Argentina bury hatchet over biodiesel duties
The EU and Argentina ended six years of disagreements over the South American country’s exports of biodiesel to the bloc with a compromise that averts years of litigation in courts.
EU-US trade talks – a roundup
The European Commission released a report on the state of play in ongoing talks with Washington to ease trade restrictions. Entitled EU-US Relations: Interim Report on the work of the Executive Working Group, the document offers details on the state of discussions on regulatory work, but not much else. But …
