Trade sniping out of Washington just doesn’t seem to be ending. Bloomberg reported yesterday that the White House was mulling pulling out of the Government Procurement Agreement, a preferential accord among a subset of mostly rich-country members of the World Trade Organization. China and Russia are in the process of …
World Trade Organization
US China Phase One Deal will have major consequences for the EU – think tanks
The target set to China to increase its imports in a series of products by a value of US$ 200 billion in the next two years set in the so-called Phase One agreement between Washington and Beijing clinched last week will lead to China diverting imports and purchases from other …
Japan-US-EU trilateral conversations on China resume in Washington
With the United States failing to deliver changes to Chinese subsidies and state-owned enterprise practices in the small trade ‘deal’ it is about to sign with Beijing, Washington appears keener to cooperate with other countries to address more ‘structural’ issues with the Asian behemoth. The EU and US are also …
Beyond GDPR: Commission seeks ways to localise data processing in EU
The European Commission’s director general for trade Sabine Weyand was quoted in Bloomberg today on the EU’s trade relations with the United States as thus: “If you deal with partners who link up trade policy with security and with industrial policy, et cetera, well, you have to up your game …
Week in Brussels: See you in Davos for e-commerce, Habemus Korea panel, China
E-commerce negotiators gear up for intense first half of 2020 After a stock-taking meeting in Geneva early this week, negotiators involved in the plurilateral negotiations on e-commerce decided there would be a ministerial meeting on the talks in January 2020 at the annual global elite meeting in Davos. The Davos …
Indonesia’s WTO complaint against the EU’s renewable energy directive: what’s in it
It took Indonesia a long time to move from threat to action: but now we have the complaint filed by Jakarta against the European Union’s REDII directive in its relation to imported biofuels. The Indonesian complaint also targets France’s tax exemptions for biofuels – which do not cover biodiesel based …
EU strengthens trade retaliation tool box after Appellate Body demise
The measure has already been announced this summer. Now it is clearly on its way. One day after the demise of the Appellate Body of the World Trade Organization, Brussels is pulling out its legislative claws in a move aimed at defending its commercial interests if judicial disputes end ‘in …
WTO members declare good intentions ahead of 12th ministerial meeting
There was relief in the World Trade Organization as members agreed to extend for six months the expiring two-year 1998 moratorium on duties on electronic transmission across borders. That’s how low expectations have come to be as the organisation sinks into deep crisis. A feature of that crisis includes being …
Week in Brussels: US tariffs, WTO, Cambodia EBA withdrawal, Ghana EPA
It’s been an eventful week on trade – with a deepening WTO crisis, some movement on agriculture, continued uncertainty over the EU Vietnam FTA ratification…. New low in WTO and transatlantic trade relations This week has provided fodder for around-the-clock quotation-chasing media as developments shifted by the day, if not …
WTO member budget cave-in to United States secures one-year organisation survival
The Word Trade Organization was not killed off . But it was put on life support for another year as members in Geneva caved to the United States after it threatened to withhold approval of the next two-year budget for the organisation. Bloomberg reported this afternoon that WTO members accepted …