EU Parliament approves CETA: the EU-Canada free trade deal sees the light in Trump’s gloomy era

Jean-Claude Juncker, President of the EC, Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC, and Cecilia Malmström, Member of the EC in charge of Trade, participated in the 16th EU/Canada Summit together with Justin Trudeau, Canadian Prime Minister, Donald Tusk, President of the European Council, and Martin Schulz, President of the EP. Greeting between Donald Tusk, Justin Trudeau and Jean-Claude Juncker (from left to right). © European Union , 2016   /  Source: EC - Audiovisual Service   /   Photo: Jennifer Jacquemart.

After seven years of talks and remarkable twists, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) was approved by the European Parliament last week. The EU lawmakers formally backed last Wednesday the landmark free trade deal which aims to eliminate up to 99% of tariffs on exported goods with Canada, by a vote of 408 to […]

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

Cecilia Malmstrom, EU Commissioner responsible for Trade at World Economic Forum 2017 in Davis. Date: 19/01/2017   Reference: P-033407/00-63   Location: Davos. © European Union , 2017   /  Source: EC - Audiovisual Service   /   Photo: Johanna Leguerre.

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 […]

“China will strive to enhance the performance of economic growth”, President Xi highlights from the World Economic Forum 2017 in Davos

President Xi Jinping at World Economic Forum 2017 in Davos. Copyright by World Economic Forum / Destination: Davos Klosters.

The first day of the World Economic Forum (WEF) began with the opening plenary with Xi Jinping yesterday, President of the People’s Republic of China, monopolizing the interest of the global economic status quo convening these days at the Swiss Alps. This was the first time ever a Chinese President accepts the Davos invite and naturally all the […]

Trade deals’ pure realism: it may take 10 years for a post-Brexit agreement

EU Heads of State or Government meet on 15 December 2016 in Brussels to discuss migration and security issues. Leaders are also discussing economy and youth, as well as the issue of the ratification of the EU-Ukraine Association Agreement in the Netherlands. Shoot location: Bruxelles - BELGIUM. Shoot date: 15/12/2016. Copyright: European Union.

It was already a well-known fact that the UK had a bumpy road ahead before a post-Brexit deal with the European Union could ever see the light, but last week’s news are now showing that reality could be even more complex than that. Britain’s ambassador to the European Union, Sir Ivan Rogers, warned British ministers last […]

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

Cecilia Malmström, EU Commissioner responsible for Trade. Date: 09/11/2016   Reference: P-032907/00-14   Location: Brussels - EC/Berlaymont. © European Union , 2016   /  Source: EC - Audiovisual Service   /   Photo: Georges Boulougouris.

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 […]

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

From left to right: Mr Jean-Claude JUNCKER, President of the European Commission; Mr Justin TRUDEAU, Canadian Prime Minister; Mr Donald TUSK, President of the European Council; Mr Robert FICO, Slovak Prime Minister.
Location: Brussels - BELGIUM 
Date: 30/10/2016 
Copyright: European Union 
Source: EC – Audiovisual Service

It was last Sunday when the EU and Canada signed the free trade agreement CETA (Comprehensive Economic and Trade Agreement), despite the protest taking place just outside the European Council’s building. This deal is meant to create more jobs and growth through stronger economic relations. However, the approval of the national parliaments in Europe and […]

Can the EU afford to block China’s business openings to Europe by denying her the ‘market economy status’?

EU/China Summit, 12-13/07/2016. Handshake between Xi Jinping, President of the People's Republic of China, on the right, and Jean-Claude Juncker President of the Eueopean Commission. Date: 12/07/2016. Location: Beijing, China - Diaoyutai State Guesthouse. © European Union , 2016 / Source: EC - Audiovisual Service / Photo: Olli Geibel.

The way Wallonia, Belgium’s French speaking region approved CETA – the comprehensive economic and trade agreement between the EU and Canada – is a rather dark landmark. In the future, Europe’s trade and otherwise relations with foreign countries will be rather shaky. This was also true in the past, but now became evident for everybody […]

Who can compel Wallonia to unlock CETA, the EU-Canada free trade pack?

Martin Schulz, European Parliament President meets with Chrystia Freeland, Minister of Trade of Canada in a last ditch effort to save the much disputed Comprehensive Economic and Trade Agreement -CETA between the EU and Canada. Event Date: 22/10/2016. City: Brussels. Copyright: © European Union 2016 - Source: EP.

No, it wasn’t just the tiny Wallonia region of Belgium and its 3.6 million French speaking inhabitants who blocked CETA (Comprehensive Economic and Trade Agreement). This is an EU-Canada free trade and investment pact that took eight years to the Brussels Commission and the Canadian authorities to draft. It was also the Brexit and the […]

EU continues targeting on Chinese steel imports instead of the revival of its own economy

Visit of Cecilia Malmström, Member of the EC, to Ukraine
Cecilia Malmström, Member of the EC in charge of Trade, travelled to Kiev. At this occasion, the Commissioner met with Taras Kutovyi, Ukrainian Minister for Agrarian Policy and Food, members of factions of the Ukrainian Parliament, Ukrainian Parliament (Verkhovna Rada) and with board members of European Business Association (EBA). Finally, she gave a joint press conference with Ivanna Klympush-Tsintsadze, Ukrainian Vice-Prime Minister for European and Euro-Atlantic Integration, after a meeting.
Date: 30/09/2016. Location: Kiev. © European Union  , 2016. Source: EC - Audiovisual Service. Photo: Genya Savilov

It was last Friday when the European Commission (EC) decided to impose temporary anti-dumping duties on imports of two steel products from China. Particularly, the duties concern hot-rolled flat steel and heavy plates of steel with EC’s investigations to show that Chinese products had been sold at extremely dumped prices. The Commission focuses on finding unfair […]

TTIP is not dead as of yet, the 15th round of negotiations in New York shouts

A reasonable and balanced Free Trade Agreement with the US

The sixth priority of the Juncker Commission for the EU is a reasonable and balanced Free Trade Agreement with the US. Negotiations for transatlantic trade and investment partnership (TTIP). © European Union , 2016   /  Source: EC - Audiovisual Service   /   Photo: Cristof Echard.

Despite the huge protests and the many critics of the past two months, the 15th round of TTIP negotiations took place as planned last week in New York City. With the American elections getting closer and a growing scepticism in the local European parliaments, many saw the EU-US trade deal as almost dead. Now it […]