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This article is brought to you in association with the European Commission. Today, the European Commission unveiled a proposal that will allow the European Union to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO). To further increase the focus on compliance and enforcement of the […]
This article is brought to you in association with OECD. G20 international merchandise trade (in current US dollars, seasonally adjusted) continued its downward trend in the third quarter of 2019, approaching two-year lows. Compared with the second quarter of 2019, exports contracted by 0.7% and imports by 0.9%, partly reflecting a nearly 20% fall in oil […]
This article is brought to you in association with the European Commission. Today, the EU has brought a dispute in the World Trade Organization (WTO) against Indonesian export restrictions for raw materials used in production of stainless steel. These restrictions unfairly limit access of EU producers to raw materials for steel production, notably nickel as well […]
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 […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Silicon Valley may be the tech capital of the world but physical goods still account for around two-thirds of US exports, new figures show. Machinery and electrical equipment brought in $363 billion – […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katharine Rooney, Senior Writer, Formative Content The relationship between India and the United States has been described as one of the most important of the 21st century. India is predicted to be the world’s second-largest economy by 2030, with […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) & Jeffrey HardyDirector-General, Transnational Alliance to Combat Illicit Trade A dark side to globalization has been the alarming emergence of illicit trade, […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Violeta Gonzalez, Head, Partnerships, Outreach and Resource Mobilization, Enhanced Integrated Framework Executive Secretariat, World Trade Organization & Fabrice Lehmann, Guest Editor, Trade for Development News , Enhanced Integrated Framework The World Trade Organization’s (WTO) Aid for Trade initiative is […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Margarita Louis-Dreyfus, Chairperson of the Supervisory Board, Louis Dreyfus CompanyCamilla Colombo, Space researcher, Politecnico di Milano It is a paradox that the world’s biggest agricultural commodities companies rely on some of the sector’s smallest farmers, growing everything from […]
Last week’s G20 meeting in Osaka confirmed that the forum’s commonly shared concern about our future on the planet is definitively a thing of the past. Last week, the cacophony at the table of the 20 heads of the largest countries of the world – which first appeared last December in Buenos Aires – became […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content The US-China trade war does not appear to be edging closer to a resolution. Both sides have failed to find a compromise so far, while rising tariffs have been jolting financial markets. And as the […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tom Daly, Reporter, Reuters & Shivani Singh, Reporter, Reuters Chinese rare earth prices are set to climb further beyond multi-year highs hit following a flurry of state media reports that Beijing could weaponize its supply-dominance of the prized minerals […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content China and the United States are at a trade stand-off after both countries have implemented hundreds of billions of dollars in tariffs on each other’s goods over the past year. The US is […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content China dominates the rare earth market, responsible for around 80% of the world’s supply – something it is keenly aware of. As the trade war between the US and China rolls on, rare […]
Global trade prospects and order is in the hands of a New York bankrupt realtor who is addicted to risk. He doesn’t care if his moves in the trade negotiations harm his own country, as long as the spectators applaud. On Thursday 9 May the American President Donald Trump didn’t hesitate to hike import tariffs […]
The European Council approved last Monday the European Commission’s proposals authorizing the latter to start negotiating with the US in order to eliminate industrial goods tariffs and reach an agreement on conformity assessment. Most of the member states were in favour of the commencement of the bilateral trade negotiations except for France. However, the fact […]
This article is brought to you in association with the European Council. The Council today approved mandates for the Commission to open negotiations with the United States on two agreements: a trade agreement limited to the elimination of tariffs for industrial goods only, excluding agricultural products; an agreement on conformity assessment that would have as its […]
The presidents of the European Commission and EU Council welcomed the Chinese Premier Li Keqiang yesterday at the 21st EU-China summit in Brussels where the two sides acknowledged their Comprehensive Strategic Partnership. EU and China agreed to a joint statement confirming their strategic intent and efforts for a more resilient cooperation in the framework of […]
China and the United States are working hard to achieve a trade deal, badly needed for both the two largest economies of the globe as well as for the rest of the world. During the past months of negotiations between the two giants, progress or confrontation in the dealings have been strongly – positively or […]
This newspaper for many months has been closely following the US-China trade conflict (if not at times a full trade war). The current negotiations in Washington D.C. are stuck at the same point as last summer. On August 27 our leading article said: “… Washington’s demands go beyond tariffs”. On October 18 we observed, “The […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Børge Brende, President, Member of the Managing Board, World Economic Forum At the Munich Security Conference last week, I moderated a panel discussion with an intriguing headline: can we make [economic] competitors like the US, Europe and China trade […]
This article is brought to you in association with the European Commission. Yesterday evening the European Parliament, the Council of the European Union and the European Commission reached a political deal on the first-ever rules aimed at creating a fair, transparent and predictable business environment for businesses and traders when using online platforms. Traders selling online […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) In a year defined by retaliation and counter-retaliation, resulting in a trade impasse between the United States and China, more than half […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Rawlinson, Global Chair, Baker McKenzie The regulation of international trade is under the spotlight like never before. Trade tensions between the US and China, a fractious Brexit negotiation, the rewiring of NAFTA and a deadlocked World Trade Organization […]
The US and China agreed to hold talks on 7-8 January in Beijing to settle their trade differences, which have already eaten into both economies and disturb the global financial universe. If they fail to agree this week, the impact will be worse. It seems things are so bad, that the US Federal Reserve Chairman […]
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 […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Ricardo Meléndez-Ortiz, Co‐founding Chief Executive, International Centre for Trade and Sustainable Development & Shuaihua Cheng, Managing Director, ICTSD China, International Centre for Trade and Sustainable Development (ICTSD) Whether they’re new best friends or estranged fellows, President Donald Trump […]
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 […]
Last week, the French President Emmanuel Macron and the German Chancellor Angela Merkel challenged the US President Trump by deciding to create a real European army. This week, the two European leaders said they are seriously working on the project to build a financial/trade-clearing mechanism, meant to override the American sanctions against Iran. In both […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Aengus Collins, Head of Global Risks and the Geopolitical Agenda, World Economic Forum Unemployment and underemployment represent the biggest risk for doing business around the world. That is the view of more than 12,000 business people across 140 […]
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, […]
The US- China trade war is now taking new dimensions, touching the very financial heart of the most populous country on earth. The Washington administration has already more or less ordered Beijing to perform unbelievable structural changes of American liking in the economy. Now they say monetary issues have to be inserted in the trade […]
The North America Free Trade Agreement (NAFTA) is dead. Long live the new United States, Mexico, Canada Agreement (USMCA). The three North American nations will continue trading goods of a value of at least $ 1.2 trillion yearly between them. The US President Donald Trump had termed NAFTA as the worse trade deal his country […]
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