Insisting that it has complied with a World Trade Organization ruling faulting its ban on European pork imports, Russia has asked for consultations with the EU to discuss the matter. If the discussions fail to resolve the dispute – as they almost certainly will – Moscow’s next step would be …
World Trade Organization
EU could join Canada in WTO dispute over US tariffs – but it likely won’t
When Canada lodged its sweeping case against US tariffs at the World Trade Organization last month, it cited almost 200 examples of alleged wrongdoing against trading partners including Germany, Italy, China, Japan, Brazil and India. Despite talk of an EU-US ‘trade war’, and although the complaint was filed in a …
Week ahead in EU trade: Mercosur, Brexit, fisheries aid
With Davos done and dusted, trade-related meetings taper off quite a bit this week. In Brussels, attention will focus on efforts of ministers to figure out how to bring the EU-Mercosur trade deal to a successful conclusion. It’s also Brexit week. Mercosur ministerial meeting The EU and …
Malmström to Trump: Davos message should be that US will engage with world
EU trade chief Cecilia Malmström hopes President Donald Trump will bring one message to the World Economic Forum meeting when he speaks this afternoon – that the US “wants to engage with the world”. “The fact that he’s coming here is a signal,” she said yesterday in a panel …
EU duties on Indonesian biodiesel break rules, WTO says
European tariffs on Indonesian biodiesel are illegal, the World Trade Organization said today in a ruling that contains the same basic findings as in a similar WTO complaint lodged by Argentina. But the panel went even further, faulting the EU’s profit calculations and finding serious defects with the bloc’s export-price …
Price comparability becomes key focus in China MES dispute at WTO
The legal arguments in Beijing’s World Trade Organization complaint challenging the EU’s refusal to treat China as a market economy in dumping probes should focus on the underlying ability of WTO members to ensure price comparability when dealing with economies where prices are distorted, the US and the EU argue. …
Bulgarian EU presidency priorities include investment screening and WTO revival
Trade policy isn’t the most prominent priority of Bulgaria, the Balkan country in charge of presiding the six-month rotating presidency of the European Council. Sofia has put the onus on youth, security, digital and connectivity in the Western Balkans. Trade elicits only a few very general paragraphs in Sofia’s 16-page …
Week ahead in EU trade: TDI, Davos, WTO, Azerbaijan
It will be a busy week on the trade front this week, with the European Parliament’s trade committee set to vote on the reform on the EU’s trade-defence instruments and the World Economic Forum’s meeting in Davos, Switzerland – including a World Trade Organization ‘mini-ministerial’ on the sidelines of the …
Russia vows to fight EU demand for WTO sanctions in pig spat
Not surprisingly, Moscow has announced that it plans to fight efforts by the EU to slap 1.39 billion euros in trade sanctions on Russia for failing to lift a ban on European pork and pigs. If the EU convinces World Trade Organization judges that Russia continues to flout global trade …
Week ahead in EU trade: Mexico, TPC, WPTQ
The new year begins rather slowly, but with optimism that the EU and Mexico will soon manage to clinch their updated trade deal. The eighth round of talks will be held this week in Mexico after the two sides failed to secure the modernised accord before Christmas. Following the …