Tag: trade
Amid trade wars, countries like #Kazakhstan remain open for business
The battle between openness and isolationism in world trade is nothing new. However, global interest in so-called ‘trade wars’ has increased hugely of late, due to the escalation of tensions between China and the US. Recently, both countries have imposed a series of tariffs on products, amid warnings from the IMF and others that this […]
#TradeReport – EU agreements deliver on growth and jobs and support sustainable development
According to the second annual report about the implementation of trade agreements issued today, trade under existing EU trade agreements keeps growing. EU agreements – covering nearly 70 partners all over the world – are proving effective in removing barriers to trade and promoting high standards of labour and environment protection. Also, when it comes […]
#Trade: EU to seek clarification on US proposals before imposing counter measures
US President Donald Trump yesterday signed two presidential proclamations on adjusting imports of aluminum and steel into the United States. The EU outlined what its response would be earlier in the week, today (9 March) Vice-President Katainen replied saying that as the EU is not a source of unfair trade, or a security threat it […]
#EU – #Morocco Fisheries Agreement is beneficial for both sides, says human rights group
Willy Fautré, director of Human Rights Without Frontiers (HRWF), has said that the EU-Morocco Fisheries Partnership Agreement has brought benefits for both sides, and the renewal of the agreement will provide good opportunities for the EU to promote human rights in Morocco. “The Fisheries Agreement is one of the important mechanisms in which concerns […]
#China: European Commission imposes definitive anti-dumping duties on steel
The European Commission today (8 February) imposed definitive anti-dumping duties on corrosion resistant steel from China. The duties range from 17 – 28% and cover a five-year period, writes Catherine Feore. The EU found that Chinese producers were dumping the product on the EU market, a finding that already led to imposition of provisional duties […]
#FairTaxation: EU rows into US tax bill debate
The European Commission informed journalists that two vice-presidents and two European commissioners have sent a joint letter to United States Secretary of the Treasury Steven Mnuchin, concerning the content of the US tax reform bill, writes Catherine Feore. Last week, Vice-President Katainen raised his concerns following the weekly meeting of European commissioners. He said that […]
Commission welcomes landmark deal modernizing EU’s #TradeDefence
On 5 December, a political agreement was reached between the Commission, the Council and the European Parliament on the modernization of the EU’s trade defence instruments. The changes agreed to the EU’s anti-dumping and anti-subsidy regulations will make the EU’s trade defence instruments more adapted to the challenges of the global economy: they’ll become more […]
