Search Results for: Malmstrom

EU-Singapore trade agreement enters into force

This article is brought to you in association with the European Commission. Upon the entry into force today of the EU-Singapore trade agreement, Commissioner for Trade Cecilia Malmström said: “The EU-Singapore trade agreement – effective as of today – will boost trade, benefitting companies, farmers, workers and consumers on both sides. It will also become a […]

EU trade agreements: delivering new opportunities in time of global economic uncertainties

This article is brought to you in association with the European Commission. Despite the difficult global economic climate, European companies have continued to make good use of the opportunities created by the European Union’s trade network – the largest in the world. In 2018 this network covered 31% of Europe’s trade exchanges, a figure that is […]

EU-US trade war: Will Trump take advantage of WTO’s decision leading to ominous economic growth?

The World Trade Organisation (WTO) is going to back up the US to impose tariffs on EU products over the Airbus case where the aerospace firm received illegal subsidies by EU governments. Thus, the US President Donald Trump will have the upper hand and either impose billions of tariffs or bargain a better trade deal […]

EU-U.S. trade talks – one year on, Commission presents progress report

This article is brought to you in association with the European Commission. Today marks the first anniversary of the Joint Statement by President Juncker and President Trump, which launched the new phase in the relationship between the United States and the European Union. As a first step, the Presidents set up an Executive Working Group, co-chaired […]

Barriers to trade: as protectionism rises, EU continues opening up export markets for European firms

This article is brought to you in association with the European Commission. The European Commission’s report released today confirms the continuous rise in barriers encountered by European companies in foreign markets. Thanks to the EU’s firm response, 123 such barriers have been eliminated since the beginning of the current Commission mandate, allowing for more than €6 […]

The EU’s trading partners: US, China and the rest

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content One-third of all EU trade last year was with the US and China. Combined, EU countries conducted €674 bn ($750 bn) worth of trade with the US in 2018. Import and export deals with China […]

Report on EU trade defence – effective protection against unfair trade

This article is brought to you in association with the European Commission. The EU shields 320,000 direct jobs across Europe from unfair foreign competition through its trade defence measures, according to a report out today. The Juncker Commission has strengthened Europe’s trade defence toolbox through two major reforms. Since 2014, it has also applied 95 measures […]

EU-Japan trade agreement enters into force

This article is brought to you in association with the European Commission. The Economic Partnership Agreement (EPA) between the EU and Japan enters into force on 1 February 2019. Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world. President of the European Commission Jean-Claude […]

Davos on Climate Change: citizens demanding more actions while CEOs tried to balance profit with sustainability

Climate change was one of the hot topics during the annual World Economic Forum which took place in the Swiss Alps last week. Sir David Attenborough, English broadcaster and natural historian, outlined the serious impact that humanity is causing to the environment and underslined the urgency of immediate action in order to reverse the ongoing […]

EU-U.S. Trade Talks: European Commission presents draft negotiating mandates

This article is brought to you in association with the European Commission. The European Commission has today adopted proposals for negotiating directives for its trade talks with the United States: one on conformity assessment, and one on the elimination of tariffs for industrial goods. These negotiations follow the Joint Statement agreed by President Juncker and President […]

Parliament endorses landmark EU-Japan free trade agreement

This article is brought to you in association with the European Parliament. The European Parliament gave its consent to the EU’s trade agreement with Japan, the largest bilateral trade deal ever negotiated by the EU. The Economic Partnership Agreement between the EU and Japan, approved with 474 votes to 152 with 40 abstentions on Wednesday, will […]

Study: Trade supports over 36 million jobs across the EU

This article is brought to you in association with the European Commission. Two new studies published today by the European Commission highlight the increasing importance of EU exports for job opportunities in Europe and beyond. EU exports to the world are more important than ever, supporting 36 million jobs across Europe, two thirds more than in […]

EU-Japan relations: Foreign Affairs MEPs back Strategic Partnership Agreement

This article is brought to you in association with the European Parliament. The EP’s Foreign Affairs Committee endorsed the new Strategic Partnership Agreement between the EU and Japan on Wednesday. In addition to the recent landmark EU-Japan Economic Partnership Agreement freeing up trade, the political accord aims to pave the way for more joint solutions to […]

Trade Committee MEPs give greenlight to landmark EU-Japan trade agreement

This article is brought to you in association with the European Parliament. The European Parliament’s Trade Committee gave its recommendation to approve the EU’s landmark trade agreement with Japan on Monday. The Economic Partnership Agreement between the EU and Japan will eventually remove almost all tariffs on goods. It opens up services, including e-commerce, maritime transport, […]

EU trade agreements deliver on growth and jobs, support sustainable development

This article is brought to you in association with the European Commission. The better access to foreign markets negotiated by the EU benefits European companies, workers and consumers. According to the second annual report about the implementation of trade agreements issued today, these agreements – covering nearly 70 markets all over the world – are proving […]

One year on: EU-Canada trade agreement delivers positive results

This article is brought to you in association with the European Commission. Friday 21 September will mark the first anniversary of the provisional entry into force of the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada. Early signs show that the agreement is already starting to deliver for EU exporters. Commissioner Malmström will […]

European Commission presents comprehensive approach for the modernisation of the World Trade Organisation

This article is brought to you in association with the European Parliament. The EU’s approach to the World Trade Organisation (WTO) reform outlined in a document published today will be presented to EU partners in Geneva on 20 September during a meeting on that subject convened by Canada. The European Commission has today put forward a […]

The EU sides with China against the US; but has Germany capitulated to America?

If billions of EU penalties on American icon companies and U.S. super tariffs on European cars are strong and aggressive trade weapons, then yes the EU and the U.S. are at all out economic war. As in all wars, the difficult or even impossible thing is to predict its end. Unavoidably, there will be victims […]

Trade barriers: EU removes record number in response to surge in protectionism

This article is brought to you in association with the European Commission. The annual report on Trade and Investment Barriers, released today, shows that the European Commission has eliminated the highest number ever of trade barriers faced by EU companies doing business abroad. European exporters reported a major increase in protectionism in 2017. Commenting on the […]

EU and New Zealand launch trade negotiations

This article is brought to you in association with the European Commission. Yesterday, in the capital of New Zealand, Wellington, Commissioner for Trade Cecilia Malmström and New Zealand’s Minister for Trade David Parker officially launched talks for a comprehensive and ambitious trade agreement. The negotiations will aim at removing barriers to trade in goods and services, […]

EU adopts rebalancing measures in reaction to US steel and aluminium tariffs

This article is brought to you in association with the European Commission. The European Commission adopted today the regulation putting in place the EU’s rebalancing measures in response to the US tariffs on steel and aluminium. The measures will immediately target a list of products worth €2.8 billion and will come into effect on Friday 22 […]

EU and Australia launch talks for a broad trade agreement

This article is brought to you in association with the European Commission. Today, Commissioner for Trade Cecilia Malmström together with Australian Prime Minister Malcolm Turnbull and Trade Minister of Australia Steven Ciobo officially launched negotiations for a comprehensive and ambitious trade agreement between the EU and Australia in the Australian capital of Canberra. The aim of […]

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

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 […]

Britain aligns with EU rivaling US on trade and Iran, abandons bilateral ‘Midsummer Night’s Dream’

Last Sunday 29 April, Britain determinedly joined the other two major European Union powers, Germany and France in cautioning the US not to activate its super levies of 25% and 10% on imports of steel and aluminum respectively. Donald Trump, the president of ‘America first’, on 23 March had announced the imposition of the above […]

Business uncertainty rises as US grants only temporary exception to EU for steel and aluminium tariffs

Trump’s America first decided last Monday to prolong negotiations on steel and aluminium tariffs with Canada, the EU and Mexico till June 1. This announcement was made just a few hours before the temporary exception expires preventing retaliation and massive impact on the relationship between the U.S., EU, Canada and Mexico. However, the EU officials expressed […]

EU cuts fast-track free trade deals with Japan and Singapore and leads the trade scene

Containers at the port of Tokyo. (Copyright: European Union, 2016. Source: EC - Audiovisual Service. Photo: Haruyoshi Yamaguchi)

Last week, the European Commission presented the outcome of the negotiations for the Economic Partnership Agreement with Japan, formally putting forward the proposed trade deal with the Asian country for fast-track approval. Once signed, the EU-Japan agreement would represent the most important trade agreement ever negotiated by the EU, and Brussels is now officially pushing […]

The EU and Japan seal free trade pact that will cover 30% of global GDP

Statement by Cecilia Malmström, Member of the EC in charge of Trade, on the successful conclusion of the final discussions on the EU-Japan Economic Partnership Agreement (EPA) – Brussels, 08 Dec 2017. (Copyright: European Union; Source: EC - Audiovisual Service; Photo: Georges Boulougouris)

Last Friday, after striking a life-changing Brexit agreement with the United Kingdom, the European Union managed to finalise negotiations on a major trade deal with Japan. Sources revealed that EU and Japan leaders were able to find a final accord on the telephone, after their respective chief negotiators concluded a meeting in Brussels and paved […]

Brussels to tear down the trade wall with Mexico as opposed to Trump’s “walls”

The European Union and Mexico have officially decided last week to accelerate negotiations on a new trade agreement and have set two additional rounds of trade talks in the first half of 2017. The European bloc and the Northern American country have long standing economic relations, but they are facing a very delicate moment, amidst […]

TTIP: why it is worth not to pull the covers over your head?

This article was exclusively written for the Sting by Mrs Mona Herter, Secretary General of the European Confederation of Junior Enterprises (JADE). The article is published in view of the famous Generations Club of JADE, which is taking place today in Brussels. JADE is a cordial partner of The European Sting. The opinions expressed within reflect only the writer’s views and […]

The EU seals CETA but plans to re-baptise TTIP after missing the 2016 deadline

The trade ministers of the European Union, after their plenary meeting in Bratislava last Friday, may not have found a way to revive the interest around TTIP, but surely all agreed on one thing: negotiations on the EU-US free trade agreement will almost certainly not be finished before the end of Obama’s presidency. The key […]

Latest leaked TTIP document confirms EU sovereignty may be under threat

Days have passed since the Commissioner for Trade Cecilia Malmström gave an ambitious push to the Transatlantic Trade and Investment Partnership (TTIP), and the supporters of the EU-US trade pact are now bound to see another possible sharp slowdown in the big ongoing negotiation match. A leaked document obtained by campaign group Corporate Europe Observatory (CEO) reportedly revealed […]

“BEUC cautions against TTIP that would seek to align EU and US chemicals management frameworks”

As it happened several times in the past, the closer a TTIP negotiation round gets, the bigger the debate over the main questions intensifies. With the next round of the Transatlantic Trade and Investment Partnership talks due to take place this month in Brussels, this time was the turn of the European Consumer Organisation, BEUC, to […]

TTIP’s 11th round starts in Miami but EU-US businesses see no sunny side

After almost three months since the last official meeting between the senior negotiators of the European Union and the United States, the Transatlantic Trade and Investment Partnership (TTIP) negotiations resumed yesterday in Miami. Unfortunately, at least for those who still believe in this gigantic trade agreement between the two blocs, the nice and warm location is just one […]