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In 2021, the EU will need to focus on positive engagement with its trading partners

The brand-new EU-UK trade agreement in many ways epitomises a defensive turn in EU trade policy in a world where its geostrategic certainties – not least the comfort of the US security umbrella – have been shaken and the global pandemic exposed its vulnerabilities. But turning defensive is not enough. …

Free comment Latest news United States WTO crisis and reform

What you need to know: A potential US exit from the Government Procurement Agreement

The WTO’s General Council meets this week. It will hear US gripes about the world trade body and receive proposals to improve it. One of the ‘solutions’ Washington has envisaged for itself is to withdraw from the institution’s Government Procurement Agreement. What would this mean in practice?