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Week in Brussels: Foreign subsidies, Turkey steel, mirror clauses, Moldova fast-track

It’s been a big week in the European Union on trade. The highlight certainly was the FTA deal announced with New Zealand on Thursday, which breaks some new ground on sustainability issues – details here. Member states have made up their minds on the burning carbon border adjustment and deforestation …

Anti-subsidy Latest news Ukraine, Russia & CIS

Week in Brussels: Russia sanctions, foreign subsidies trilogue, FAC Trade, Ukraine tariffs

It’s been a decisive week. EU sanctions regime ventures into new* services export restrictions European Union member states finally agreed on a sixth package of sanctions targeting Russia. The highlight of this package is a partial oil embargo – six-month phase in and piped oil excluded – on imports from …

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Foreign subsidies: EP trade committee sharpens focus on Chinese-style companies

The European Parliament’s international trade committee has adopted by unanimity its report on the European Union’s coming foreign subsidies regulation. The new piece of legislation aims at subjecting foreign investors to the same type of subsidy control system as EU firms operating in its single market’s state-aide regime. The move …

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Foreign subsidies regulation: ‘like-minded’ non EU business groups raise concerns

Businesses from Australia, India, Japan, Korea and the United States are not necessarily the main targets of the European Union’s new foreign subsidies regulation. But representatives from these countries’ business sectors, some of them among the top investors in the EU, are raising alarm bells about some procedural issues raised …