Foreign Affairs Council (Trade) of 22/05/2018: EU relations with key trading partners

Malmstrom Trade Council 22 05 2018

Foreign Affairs Council / Trade Press conference (22/05/18, Bruxelles). Ms Cecilia MALMSTROM, European Commissioner for Trade. Shoot location: Bruxelles – BELGIUM. Shoot date: 22/05/2018. Copyright: European Union.

This article is brought to you in association with the European Commission.

Relations with key trading partners

Today we reviewed the state of play of some key free trade negotiations. Our heavy agenda demonstrates how important global trade is for the EU. It is absolutely crucial to keep an open, constructive dialogue with our partners. Free trade is an essential instrument for bringing global growth, creating new economic opportunities and strengthening strategic cooperation.

Emil Karanikolov, minister of economy of Bulgaria

Infographic – EU trade with Australia and New Zealand

The value of EU's trade with Australia and New Zealand See full infographic

Australia and New Zealand

The Council authorised the Commission to open trade negotiations with Australia and New Zealand. Ministers adopted negotiating directives for each of the negotiations.

Trade agreements with both countries would aim primarily at further reducing existing barriers to trade, removing custom duties on goods, and giving better access for services and public procurement in Australia and New Zealand.

Japan and Singapore

The Council had an exchange of views on free trade agreements (FTAs) with Japan and Singapore, as well as an investment protection agreement (IPA) with Singapore, on the basis of the proposals adopted by the Commission on 18 April 2018.

Ministers stressed the economic and strategic importance of the agreements with both partners and encouraged the continuation of intensive work towards their signature and conclusion. The aim is for the two FTAs to be implemented in the course of 2019.

The Commission also informed the Council of the progress of other ongoing trade negotiations, in particular with Mexico, Mercosur, Chile and Vietnam.

Over lunch, ministers discussed recent developments in the EU’s trade relations with the United States.

New architecture of trade agreements

The Council adopted conclusions on the negotiation and conclusion of EU trade agreements. The conclusions set out the key principles underpinning the Council’s approach towards trade negotiations from now on.

The conclusions focus in particular on the Commission’s intention to recommend to splitting between separate agreements provisions related to investment and other trade provisions and on the Council’s role in trade negotiations.

Advertising

Advertising

Advertising

Advertising

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

Kellen Europe Hosts EuroConference 2016

JADE @ European Business Summit 2014: Youth Unemployment – a drive to Entrepreneurship

Volkswagen getting away with it in Europe

3 reasons why AI won’t replace human translators… yet

Stigmatized, shunned and shamed, International Widows’ Day draws attention to their unique needs

Connected Claims returns to London in 2018

Philippe de Backer of ALDE at European Business Summit 2015 stresses: “Reinvent your business”

EU economy: Between recession and indiscernible growth

Parallel downfalls of Merkel and Deutsche Bank threaten Germany and Europe

Eurozone very close to a sustainable growth path

US, Russia oblige each other in Syria and Ukraine selling off allies

Draghi keeps the euro cheap, helps debt refinancing, recapitalization of banks and growth

Medschool 4.0: how to succeed in the smart revolution of healthcare

The Italian ‘no’ and France’s Fillon to reshape Europe; Paris moves closer to Berlin

80,000 youngsters at risk in DRC after forcible expulsion from Angola: UNICEF

Heat-resistant crops, ‘green’ infrastructure, can prepare Near East and North Africa to better tackle droughts – UN agency

European Commission requests that Italy presents a revised draft budgetary plan for 2019

Who cares more about taxpayers? The US by being harsh on major banks or the EU still caressing them?

Mobile 360 Series – Russia & CIS: Empowering the Digital Economy

Why are the Balkans’ political leaders meeting in Geneva this week?

Charges against Baha’i in Yemen must be dropped: UN experts urge release of detainees

High level political talks didn’t break the stalemate in Ukraine

Eurostat overturns Commission’s assessment of the economy

New rules for audiovisual media services approved by Parliament

French full-body veil ban, violated women’s freedom of religion: UN Human Rights Committee

European Youth calls on European Council for urgent action on “humanitarian crisis” and questions the EU/Turkey deal respect of human rights

It’s time to end our ‘separate but unequal’ approach to mental health

Armed groups threaten every child in Central African Republic, UNICEF warns

Are the G20 leaders ready to curb corporate tax-avoidance?

Will CETA be implemented after eight long years or it will be vetoed by the EU citizen?

Economic sentiment and business climate stagnate in miserable euro area

The Bavarians threaten Berlin and Brussels with immigration crisis

10 months were not enough for the EU to save the environment but 2 days are

Eurozone economy desperately needs internally driven growth

How can education empower youth to become tomorrow’s leaders

EU Parliament and Council: Close to agreement on the bank resolution mechanism

Virtual Doctor: a core part of modern healthcare?

Food supply chain: A step closer to ending unfair trading

UN chief calls for ‘solidarity, compassion and action’ on World Refugee Day

How to future-proof India’s economy

‘Unconscionable’ to kill aid workers, civilians: UN Emergency Coordinator

Will Brexit shatter the EU or is it still too early to predict?

“A global threat lies ahead worsened after the EU’s green light to the Bayer-Monsanto merger”, a Sting Exclusive by the President of Slow Food

IMF v Germany: Eurogroup keeps the fight under control

How will the EU face the migration crisis when the Turkish threats come true?

Parliament backs a modernised EU electoral law

How will EU look after French, Dutch and German Elections and what will be the implications for Youth Entrepreneurship?

European Youth, quo vadis?

‘Staunch support’ for Iran nuclear deal tempered by concern over missile testing

Indoor air pollution is deadly. Here’s an unconventional solution

The EU has to prove it can remain one piece

Pharmaceuticals conceal drug side effects with the EU’s Court blessing

Can we balance conservation and development? Science says yes

Commission proposes fishing opportunities in the Atlantic and North Sea for 2019

Eurogroup: IMF proposes Germany disposes

A Sting Exclusive: “Regulators and the shipping industry collaborating for a sustainable future”, written by the Secretary General of IMO

Global Talent – Professional Internships

8 amazing facts to help you understand China today

ECB should offer more and cheaper liquidity if Eurozone is to avoid recession

AIDEX 2015: Humanitarian Hero Award Winner Announced

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s