News and analysis on trade policy in Europe
Thursday, December 8, 2022
EU legislators reached a deal in the early hours of Tuesday morning (6 December) on new legislation which would ban products that have contributed to deforestation from entering and circulating in the single market. EU trading partners will be watching this outcome closely for any WTO violation that might be …
The three European Union institutions have settled on the final details of the bloc’s flagship deforestation regulation. The trilogue ‘deal’ announced overnight covers in particuar the product scope and the date after which deforestation-free activity needs to be proven.
EU legislators are facing an uphill battle to conclude negotiations on the proposed carbon border adjustment mechanism before a year-end deadline. The European Parliament’s environment committee chair Pascal Canfin said there was a “long way to go” to reach agreement on the scheme.
Although leaving the Energy Charter Treaty is not easy, the overarching political trend in Europe of seeking to get rid of the ECT one way or another will probably be achieved sooner or later. This is how it could happen.
The European Parliament on the Energy Chater Treaty adopted a resolution that mustered 303 votes in favour. The text, among others, encourages the European Union to withdraw fully from the international agreement.
The more than fifty parties to the Energy Charter Treaty convened for an annual ministerial conference today that turned out to be low-key because the European Union requested that the main item on the agenda for that day be dropped: the adoption of modernised rules for the 1990s Eurasian energy investment …
Preview of the trade week ahead by Rob Francis and Iana Dreyer.
As everyone awaits what will happen to the Energy Charter Treaty today, here some notable developments in EU trade policy this week, on top of the fact that member states have found common ground on the coming anti-coercion instrument.
The main arguments against the recently renegotiated Energy Charter Treaty don’t stand up to scrutiny. Pulling out of the treaty as some countries have announced will not foster much-needed investments in renewable energies. Only a predictable investment framework will. By Urban Rusnák.
EU farming lobby groups expressed frustration at European Commission plans unveiled today to help ease bottlenecks and price shocks in the supply of fertilisers.
