The EU is requesting consultations with Russia at the World Trade Organization (WTO) concerning export restrictions placed by Russia on wood products. The export restrictions consist of significantly increased export duties on certain wood products and a drastic reduction in the number of border crossing points through which exports of wood products can take place….
In a plenary debate on the future of EU trade policy in a changing global reality, the EESC stressed that open, fair, inclusive and sustainable trade is the only trade that will deliver a resilient recovery and bring prosperity to business and people. It also acknowledged the key role of the World Trade Organisation (WTO)…
The EU and the U.S. have agreed to suspend all retaliatory tariffs on EU and U.S. exports imposed in the Airbus and Boeing disputes for a four-month period. The suspension allows both sides to focus on resolving this long-running dispute. It provides an important boost to EU exporters, since the U.S. had been authorised to…
The European Parliament has given its consent to the EU China agreement on cooperation, and protection of, geographical indications, the first significant bilateral trade agreement the EU concludes with China. Renew Europe is committed to protect our farmers and their products in our globalized world, and welcomes this agreement that will protect 100 European Geographical…
Joe Biden in the White House would remove the threat of a US-EU trade war from the table, and open up new areas for co-operation. But the US and EU would still disagree on many issues, particularly how best to deal with China, writes Sam Lowe. The EU’s trade relationship with the US has suffered…
Mr Dombrovskis announced “the launch of a WTO trade and climate initiative, focusing on green goods”, acknowledging that “today, trade is about much more than just trade”. He intends to reshape the EU’s future trade policy to make it more sustainable, including in the Mercosur trade deal where the EU must “find lasting solutions for the Amazon…
The European Union is committed to free trade. However, if European industries suffer as a result of unfair practices by non-EU countries, such as dumping and subsidised imports, the EU can respond with Trade Defence Instruments (TDIs). The European Court of Auditors has looked at this area for the first time. It concludes that the…
The European Commission published today the latest report on protection and enforcement of Intellectual Property Rights (IPR) in third countries. While developments have taken place since the publication of the previous report, concerns persist and a number of areas for improvement and action remain to be addressed. Intellectual property rights infringements worldwide cost European firms…
A new report says that the USA, China and Germany are the countries that benefit the most worldwide from their accession to the WTO. They achieve by far the largest income gains, which are directly attributable to their membership in the trade organization. For the United States, income gains amount to about 87 billion US…
The European Union’s deepening trade war with America must be de-escalated if the Scotch whisky industry is not to suffer severe damage in the crossfire, a Conservative MEP has warned. Baroness Nosheena Mobarik said her constituents in Scotland were concerned by the potential harm to exports and jobs from the crisis. She spoke out ahead…
