Trade & Society

Member states support tougher stance toward China despite warnings

Economy & Jobs 19-03-2019

EU’s foreign affairs ministers expressed their “full support”on Monday (18 March) to the EU’s new stance toward China, described as “systemic rival”, as the bloc seeks to rebalance its economic and trade relationship with Beijing.

Economy & Jobs 22-03-2019

France conditions support for opening US trade talks

France wants to secure enough guarantees in terms of environmental protection and access to public procurement markets, before moving forward into trade talks with the US, president Emmanuel Macron said during the European Council on Friday (22 March). 
Economy & Jobs 22-03-2019

‘Don’t be naive with China’, EU leaders tell Italy

EU leaders displayed a united front toward China on Friday (22 March) and warned the Italian government of the consequences of signing a bilateral deal with Beijing to become part of the new ‘Silk Road’.
Economy & Jobs 22-03-2019

With Brexit imminent, EU celebrates ‘neighbourly cooperation’ with EEA

Only hours after intense Brexit negotiations on a delay to the UK's exit date, EU leaders on Friday (22 March) celebrated the 25th anniversary of the European Economic Area (EEA) agreement on joint legislation on movement of goods, services, persons and capital.
Economy & Jobs 22-03-2019

Macron, Merkel and Juncker to meet China’s Xi on Tuesday

French President Emmanuel Macron invited German chancellor Angela Merkel and European Commission President Jean-Claude Juncker to join a meeting with Chinese President Xi Jinping next Tuesday (26 March), in a bid to forge a united front in European efforts to rebalance relations with Beijing.
Economy & Jobs 21-03-2019

Romanian exporters face an artificial barrier, costs transferred to EU citizens

Visions of trucks being stuck at the border in the event of a 'no deal' Brexit should also remind people of the delays faced by Romanian companies exporting into the Schengen area, writes Stefan Radu-Oprea.
Economy & Jobs 21-03-2019

EU urges China to progress on demands to dispel ‘frustration’

The EU will give Chinese leaders a comprehensive list of demands next month to address the growing “frustration” among Europeans, and to improve bilateral cooperation as it reaches a critical junction, various senior EU officials explained on Wednesday (20 March).
Economy & Jobs 20-03-2019

Transatlantic economy faces adverse conditions and slower growth in EU

The transatlantic economy of the US and the EU has been increasingly stressed by potential tariffs on imports and changes in global stability, according to a new report by the American Chamber of Commerce to the EU, released on Wednesday...
Economy & Jobs 19-03-2019

Almost 7% of EU imports are counterfeit and pirate goods

According to a joint report by Europe's intellectual property office and the OECD released on Monday (18 March), 6.8% of EU imports are counterfeit and pirated goods. That accounts for €121 billion.
Brexit 18-03-2019

Association chief: Portuguese textile industry likes to think Brexit will not happen

Portugal has strong links with Britain and Brexit is perceived as a challenge in the country, as it has affected trade since the time of the referendum in 2016. But many companies seem to believe that Brexit will not happen, Paulo Vaz told EURACTIV in an interview.
Economy & Jobs 14-03-2019

Parliament rejects opening trade talks with Trump

The European Parliament failed to pass a resolution on Thursday (14 March) supporting the start of negotiations with the US on removing tariffs for industrial goods, worsening the prospects of de-escalating trade tensions between Brussels and Washington.
Economy & Jobs 14-03-2019

Commission to strengthen anti-subsidies measures by end of year

The European Commission will propose by the end of 2019 new measures to address the negative impact of foreign subsidies and state-owned companies, according to documents made available on Wednesday (13 March), as the EU aims for a more assertive tone towards China.
Enlargement 14-03-2019

Serbia and Eurasian Union remove last obstacle to free trade deal

Serbia and the members of the Moscow-led Eurasian Economic Union (EAEU) have resolved controversial issues related to brandy and cheese quotas, paving the way for signing a comprehensive free trade agreement.
China 07-03-2019

Italy to join China’s New Silk Road infrastructure plan

Italy is set to become the first member of the ‘Group of Seven’ most powerful nations to join China’s  infrastructure plan “One Belt, One Road” (OBOR), despite the heightened scrutiny of Beijing’s investment in Europe.
Global Europe 04-03-2019

US threat looms over foreign firms trading with Cuba

US President Donald Trump's administration is brandishing the threat of sanctions against foreign companies "trafficking" with Cuba, a move hitherto mothballed by Washington so as not to offend allies.
Transport 26-02-2019

First truck completes Europe-China delivery in 12 days

The first overland delivery of European goods bound for China arrived safe and sound last week, in a good omen for Europe's hopes of making the East Asian superpower's ambitious Belt and Road initiative a two-way street.
Economy & Jobs 26-02-2019

Northern Ireland – A cross-border economy at stake

As the UK prepares to leave the EU, Northern Ireland will be severely affected as its economy is highly interlinked with the Republic of Ireland. Disruptions to the supply chain and access to markets are the main concerns for businesses.
Development Policy 25-02-2019

France’s ‘Rana Plaza’ law delivers few results

France wants to be at the forefront of efforts to regulate multinationals’ responsibility towards workers in developing countries, but is having difficulty enforcing its own law on duty of care, according to a report published on 21 February. EURACTIV France reports.
Global Europe 21-02-2019

Trump threatens tariffs on EU cars if no trade deal reached

US President Donald Trump threatened Wednesday (20 February) to impose tariffs on European auto imports if he is unable to strike a trade deal with the EU.
Economy & Jobs 18-02-2019

Europe warns of ‘swift’ response to potential US car tariffs

The European Commission said on Monday (18 February) that the EU will respond in a “swift and adequate manner” to the possibility that the US may impose tariffs on European cars, following the submission of a US report on whether car imports represent a national security threat.
Economy & Jobs 14-02-2019

Europe strengthens monitoring of foreign investment

The European Parliament approved on Thursday (14 February) the proposal to screen foreign investment at EU level, clearing the path for closer monitoring of third country companies willing to invest in EU’s critical sectors.
Economy & Jobs 13-02-2019

European Parliament endorses free trade agreement with Singapore

The European Parliament approved on Wednesday (13 February) the EU-Singapore Free Trade Agreement (EUSTFA), the bloc's first bilateral trade agreement with a southeast Asian country.
Economy & Jobs 07-02-2019

German 2030 industrial strategy: Altmaier backs ‘European Champions’

German economy minister Peter Altmaier presented his 'industrial strategy 2030' on Tuesday (5 February), talking up the creation of European "champions" just one day before the European Commission decided to reject a proposed merger between rail giants Alstom and Siemens. EURACTIV Germany reports.
Brexit 05-02-2019

UK to ease customs checks on EU goods in event of no-deal Brexit

Most goods arriving from the European Union will be allowed into Britain without full customs checks for at least three months if it leaves the bloc without an exit deal, the British government said on Monday (5 February).
Global Europe 01-02-2019

Trump wants ‘very big’ US-China trade deal, hints at delays

President Donald Trump said on Thursday (31 January) he wanted a "very big deal" US trade deal with China, but signaled there could be delays if negotiations fail to meet his goals of opening the Chinese economy broadly to US industry and agriculture.

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