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 […]

Europe eyes to replace US as China’s prime foreign partner

Last Tuesday, Rex Tillerson, the US Secretary of State, received in Washington the top Chinese diplomat Yang Jiechi , in an effort to establish a “regular high-level engagement” with China, after President Donald Trump has practically destroyed the until recently multiple channels of problem solving and interaction between the two super powers. Obviously, Tillerson felt […]

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

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”

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

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

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?

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?

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’?

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?

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 […]