RSS

EU requests WTO consultations with Russia over excessive import duties

EU requests WTO consultations with Russia over excessive import duties

| October 31, 2014 | 0 Comments

The EU requested today (31 October) consultations with Russia in respect of import duties for paper products, refrigerators and palm oil. The EU takes this first step in the dispute settlement procedure in response to the violation by Russia of its obligations under the World Trade Organization (WTO). Upon joining the WTO, Russia committed to […]

Continue Reading

Frontex Joint Operation ‘Triton': Concerted efforts for managing migration flows in the Central Mediterranean

Frontex Joint Operation ‘Triton': Concerted efforts for managing migration flows in the Central Mediterranean

| October 31, 2014 | 0 Comments

What is Triton? Triton is a Frontex co-ordinated joint operation, requested by the Italian authorities that will start its activity as from 1 November 2014 in the Central Mediterranean to support Italy. How have the details of the operation been defined? The details of Triton, including the operational area and the necessary assets, have been […]

Continue Reading

European Commission: What Juncker’s new team will be working on

European Commission: What Juncker’s new team will be working on

| October 31, 2014 | 0 Comments

The new European Commission will start its five-year term on 1 November, but what will it be working on? President Jean-Claude Juncker has already announced a €300 billion investment plan, but there will be many other plans that will have to be scrutinized and voted on by the European Parliament before they can enter into […]

Continue Reading

Breakthrough: $4.6 billion deal secures gas for Ukraine and EU

Breakthrough: $4.6 billion deal secures gas for Ukraine and EU

| October 31, 2014 | 0 Comments

After seven rounds of gas negotiations, last night’s talks moderated by Günther H. Oettinger, Vice-President of the European Commission, yielded finally a breakthrough: A $4.6 billion winter package, agreed by Russia and Ukraine, secures gas for Ukraine – and ultimately also for Europe. European Commission President José Manuel Barroso, who witnessed the signing of the winter […]

Continue Reading

Singapore: The Commission to request Court of Justice Opinion on the trade deal

Singapore: The Commission to request Court of Justice Opinion on the trade deal

| October 30, 2014 | 0 Comments

The Commission decided today (30 October) to request an Opinion of the EU Court of Justice on the competence to sign and ratify a trade agreement with Singapore. Commissioner De Gucht said: “I have been saying for months that we need to clarify the interpretation of the Lisbon Treaty as regards trade matters. And this […]

Continue Reading

First ‘equivalence’ decisions for central counterparty regulatory regimes adopted

First ‘equivalence’ decisions for central counterparty regulatory regimes adopted

| October 30, 2014 | 0 Comments

The European Commission has today (30 October) adopted its first ‘equivalence’ decisions for the regulatory regimes of central counterparties (CCPs) in Australia, Hong Kong, Japan and Singapore. The CCPs in these third country jurisdictions will be able to obtain recognition in the EU, and can therefore be used by market participants to clear standardized OTC […]

Continue Reading