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. […]

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 car manufacturers worry about an FTA with Japan

The European Automobile Manufacturers’ Association (ACEA), had expressed reserves over the EU Council and Commission initiative to start negotiations with Japan in order the two sides to conclude a far reaching Free Trade Agreement (FTA). ACEA was founded in 1991 and represents authentically the interests of the fifteen major European car, truck and bus manufacturers […]

EU threatens Japan to suspend FTA negotiations if…

The two Presidents of the EU, José Manuel Barroso of the Commission and Herman Van Rompuy of the Council couldn’t fly yesterday to Tokyo for the EU-Japan Summit, due to the ongoing developments around the Cyprus issue. This was not enough however to impede the beginning of negotiations for the conclusion of a Free Trade […]

Is South Korea set to lose from its FTA with the EU?

The recent announcement (issued at the highest level by three presidents; Barack Obama, Herman Van Rompuy, Manuel Barroso), that the European Union and the United States were ready to start negotiations, aiming at the conclusion of a far-reaching Free Trade Agreement (FTA), sounded the alarm to other EU’s major trading partners and more so in […]

EU Commission closer to imposing anti-dumping duties on Chinese solar panel imports?

According to well-informed Brussels sources, the European Commission secured last week a non-binding authorisation by the EU member states, to impose anti-dumping measures on imports of solar panels and components originating from China. The same sources say, however, that the Commission denied that this will lead to an immediate imposition of such measures and characterised […]

An FTA between EU-US to hurt South Korea

Ten days ago, Brussels and Washington issued a joint statement signed by three Presidents, namely the US leader Barack Obama, the European Council President Herman Van Rompuy and European Commission President José Manuel Barroso. With it, the EU and the US announced their decision to conclude a bilateral Free Trade Agreement (FTA) by the end […]

EU Parliament raises burning issues over the FTA with the US

Yesterday, the European Parliament’s International Trade Committee discussed for the first time, the much advertised joint announcement by the EU and the US, to start negotiations for the conclusion of a bilateral Free Trade Agreement. As the European Sting predicted the FTA negotiators would be confronted with two very old and very thorny issues. According […]

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 […]