Search Results for: free trade agreement

EU exports under Free Trade Agreements surpass €1 trillion

This article is brought to you in association with the European Commission. EU trade deals mean increased exports, more stable economic relations and secure access to resources, a new report out today shows. EU exports to preferential partners for the first time surpassed €1 trillion in 2021, according to the Commission’s 2nd Annual Report on the […]

Algorithms could give the world its first ‘born digital’ free trade agreement in Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Craig Atkinson, Research Fellow, World Trade Institute The African Continental Free Trade Area (AfCFTA) agreement, presently signed by 52 African Union (AU) member states, is remarkable in its geographic coverage and ambition to create a single market for […]

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 […]

India and the EU get close to revive talks on proposed Free Trade Agreement

EU and Indian flags at EU-India Summit in New Delhi last October (copyright EU 2018, Source: EC - Audiovisual Service)

At a moment in history, where US “trade war” is targeting China and protectionism is on the rise, there’s one country that has the potential to gain momentum on the stage of international trade: India. New Delhi has indeed the potential to write a totally new chapter of its history of trade with the West, […]

EU-India summit: Will the EU manage to sign a free trade agreement with India before Britain?

Last Friday, the 14th EU-India summit took place in New Delhi with both sides to jointly state that trade partnership is approaching rapidly and as soon as all conditions are met. The free trade agreement negotiations have started in 2007 but have not concluded yet as there are unsolved issues related mainly to market access. […]

EU and UK soon to be in a post-Brexit rush over free trade agreement with Australia

Last week, trade was one of the hottest topics on the European economic scene. The European Union and Australia made substantial progress towards the conclusion of a free trade agreement which has been on the table for years. EU Trade Commissioner Cecilia Malmström and Australia’s Minister for Trade, Investment and Tourism, Steven Ciobo, announced they […]

EU and India re-open talks over strategic partnership while prepare for a Free Trade Agreement

Last Wednesday, on the 30th of March, the European Union and India officially resumed a long-standing conversation over their strategic partnership, holding the 13th EU-India Summit in Brussels. After four years of stagnation, the Asian giant and the 28-member bloc met to set out concrete priority actions for the strategic partnership in areas like trade […]

EU-Ukraine Free Trade Agreement sees the light as Moscow’s reaction once more looms

The new year started with big news on trade for the European Union, and not just for the economic relevance of the matter. On January 1st, the free trade deal between Ukraine and the EU officially came into effect, as part of a broader EU Association Agreement, which was signed at the end of June 2014 by […]

G20 LIVE: the EU trade gold rush continues as EU and Australia agree to launch Free Trade Agreement (FTA) live from Antalya Turkey

While the outcomes of the last round of the TTIP negotiations and the many recent turning points are still dominating the conversation on the trade side in Brussels, another major happening broke a few days ago. Following talks at G20 Leaders Summit in Antalya Turkey last Sunday morning with Australian Prime Minister Malcolm Turnbull, the President of […]

Bertelsmann Stiftung @ European Business Summit 2014: Transatlantic Free Trade Agreement (TTIP) needs balanced approach

Written by Aart de Geus, Chairman & CEO of the Bertelsmann Stiftung The successful completion of world trade talks on Bali last December is already considered historic. One hundred fifty-nine countries agreed to simplify world trade by having fewer customs regulations and more uniform trade rules. Does that make a Transatlantic Free Trade Agreement, like the […]

De Gucht: More gaffes with the talks on the EU-US free trade agreement

European Commissioner Karel de Gucht, responsible for Trade, speaking after the informal Athens meeting of the EU Foreign Affairs Council (Trade), attended by the 28 Foreign Trade ministers, failed to accurately report the Council’s opinion on the Transatlantic Trade and Investment Partnership (TTIP) that is the free trade agreement currently under negotiation between the Union […]

Glaringly false reassurances about the repercussions of the EU-US free trade agreement

Yesterday, Karel De Gucht, the EU Trade Commissioner delivered a speech in Düsseldorf, to reassure his German audience that the EU-US negotiations to conclude a Transatlantic Trade and Investment Partnership (Free Trade Agreement), will not lead to abandonment of EU health rules that ban genetically modified food and beef with hormones nor will it give […]

Who would pay and who is to gain from the EU-US free trade agreement

Challenging the factual reality, that the ‘gains’ from the currently under negotiation EU-US trade agreement would come mainly from deregulation in the fields of health, safety, environment, financial and data security, the European chief negotiator Garcia Bercero insisted that: “the Transatlantic Trade and Investment Partnership (TTIP) is not and will not be a deregulation agenda”. […]

EU Commission – US hasten talks to avoid NGO reactions on free trade agreement

Last Friday 15 November the European Union and the United States concluded the second round of Transatlantic Trade and Investment Partnership negotiations in Brussels. The TTIP is a kind of enlarged free trade agreement involving the two largest trading partners of the world. It covers mainly the impediments after the borders (regulations and technical barriers) […]

Counting spillovers from the fast track EU-US free trade agreement

In a day when the US economy got good marks from the IMF for growth and the appropriate monetary easing by the Fed, last Friday 14 June the Foreign Affairs (trade) Council of the European Union also gave the green light to the European Commission to enter into formal bilateral trade negotiations with the United […]

EU–US: What is the real exchange in a Free Trade Agreement?

The usually slow-moving European Commission over issues like free trade agreements, this time didn’t lose its time and President Manuel Barroso announced yesterday that, “the European Union and the United States have decided to initiate internal procedures to launch negotiations with the aim of reaching a ground-breaking free trade agreement: the Transatlantic Trade and Investment […]

EU presses India for a free trade agreement

India is the most populous democracy of the world and over the past thirty years had to overcome a universe of political and economic problems. For decades the country followed an inward looking politico-economic strategy, keeping its trade and investment borders almost shut to the rest of the world. Its vast size permitted that up […]

Free trade agreement between EU and India?

  After the World Trade Organisation talks over the Doha Round collapsed and the achievement of a major reform of the international trading system became a distant dream, the European Union introduced a package of talks to negotiate Free Trade Agreements (FTA) with its major trading partners in the developing world. A cornerstone in this […]

EU free-trade agreements with Canada and US: imagine the fallout if put to national referendums

When it comes to ‘selling’ its proposals to EU member states’ government and peoples, the European Commission turns the calendar some centuries back and starts painting saintly icons. The more inportant the proposal it is, the more boldly the Commission hides the real ‘catch 22s’ from citizens, under the bright colors of imaginary gains for […]

American negotiators can’t pay for their trip to Brussels, EU-US trade agreement freezes

Quite unexpectedly, EU Trade Commissioner Karel De Gucht announced yesterday night the cancellation of 2nd Round of Transatlantic Trade and Investment Partnership (TTIP) negotiations in Brussels, due to the US administration shutdown. His counterpart, United States Trade Representative Ambassador Michael Froman informed him that “due to the ongoing furlough, the US Administration will not be […]

EU-US Trade and Technology Council addresses common challenges and responds to global crises

This article is brought to you in association with the European Commission. Today, the EU and the US held the third Ministerial Meeting of the Trade and Technology Council (TTC) in College Park, Maryland. The TTC is a key forum to deepen transatlantic cooperation to facilitate trade and develop global standards on technology and security. Geostrategic […]

How trade can help end plastic pollution

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Soumyajit Kar, Specialist, Sustainable Trade, World Economic Forum Government representatives are currently meeting in Uruguay to kickstart the first Intergovernmental Negotiation Committee (INC) on reaching an internationally binding treaty to end plastic pollution that the United Nations Environment […]

Aviation: Landmark EU–ASEAN agreement to connect 1.1 billion people

This article is brought to you in association with the European Commission. Today, the European Union and the Association of Southeast Asian Nations (ASEAN)[1] signed a comprehensive air transport agreement that will open up more air transport opportunities and enhance direct connectivity between the two regions, while upgrading rules and standards for concerned flights. The agreement […]

Trade: 6 things to know about international trade this month

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joachim Monkelbaan, Lead, Climate Trade, World Economic Forum 1. Trade growth to slow sharply in 2023, WTO says A slowdown in global trade growth is on the horizon. Higher energy and food prices are likely to combine with […]

Trade in 25 technologies can help climate action. What’s needed to make it happen?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kimberley Botwright, Head, Sustainable Trade, World Economic Forum, Joachim Monkelbaan, Lead, Climate Trade, World Economic Forum Recent extreme weather events are a painful reminder of the urgent need for climate action. Energy security concerns have also increased the […]

Commission helps resume trade in European pork and poultry to the Republic of Korea

This article is brought to you in association with the European Commission. As a result of intense high-level engagement between the European Commission and the Republic of Korea, EU countries can, as of today, export pork and poultry to the Republic of Korea more easily. The Ministry of Agriculture, Food and Rural Affairs of the Republic […]

Agreement on foreign subsidies: ensuring equal competition in the EU

This article is brought to you in association with the European Parliament. Parliament and Council negotiators agreed on Thursday on new tools ensuring that foreign subsidies granted by non-EU countries to companies do not distort the internal market. The new draft regulation will enable the Commission to investigate subsidies granted by non-EU public authorities to companies […]

EU – New Zealand Trade Agreement: Unlocking sustainable economic growth

This article is brought to you in association with the European Commission. The EU and New Zealand have today concluded negotiations for a Trade Agreement, which is set to open significant economic opportunities for companies and consumers on both sides. The deal also includes unprecedented sustainability commitments, including respect of the Paris Climate Agreement and core […]

Commission unveils new approach to trade agreements to promote green and just growth

This article is brought to you in association with the European Commission. The European Commission is today taking a major step in making EU trade greener, fairer and more sustainable. It has unveiled a new plan to enhance the contribution of EU trade agreements in protecting the climate, environment and labour rights worldwide. In its Communication […]

Internal Market Committee endorses agreement on Digital Services Act

This article is brought to you in association with the European Parliament. The Digital Services Act is an historic bill aimed at fighting the spread of illegal content online and protecting fundamental rights of users. On Thursday, Parliament’s Internal Market Committee endorsed the provisionally reached agreement with EU governments on the Digital Services Act (DSA) with […]

How Africa’s free trade area is an opportunity for recovery and development

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chido Munyati, Head of Regional Agenda, Africa, World Economic Forum Sub-Saharan Africa has been hard hit by the pandemic – 39 million more people have since fallen into poverty. With rising energy and food prices the region needs […]

How trade facilitation can support supply chain diversity in a post-pandemic world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Philippe Isler, Director, Global Alliance for Trade Facilitation; ExCom Member, World Economic Forum The pandemic has exposed vulnerabilities in the global supply chain. Developing economies have been hardest hit by this disruption. Public-private efforts can help deliver trade […]

EU-US Trade and Technology Council Inaugural Joint Statement

This article is brought to you in association with the European Commission. Section 1.  Pittsburgh Statement The EU-US Trade and Technology Council (TTC) met for the first time in Pittsburgh on 29 September 2021. It was co-chaired by European Commission Executive Vice President Margrethe Vestager, European Commission Executive Vice President Valdis Dombrovskis, US Secretary of State […]