News and analysis on trade policy in Europe
Wednesday, October 4, 2023
While everyone was away in Davos this week, business tried to seize the momentum on the coming EU sustainability corporate due diligence regulation and the European Commission acted to avoid having to repay Cambodian exporters duties paid as part a safeguard that was slapped down by the ECJ. By Rob …
It took three and a half years for the General Court in Luxembourg to rule that a now-lapsed three-year safeguard on imports of Indica rice from Cambodia and Myanmar was illegal. EU judges in essence said that the European Commission had not defined the allegedly hurt industry appropriately, that it …
This summer, the European Commission withdrew trade preferences granted to Cambodia. Cambodia benefited from duty-free-quota free trade under the EU’s Everything-But-Arms aimed at the world’s poorest countries. The partial withdrawal affects one fifth of the the South East Asian country’s garment and shoes exports. Despite calls this summer to take …
It’s been one of those relatively low-key weeks on trade in Brussels – which only prepare the ground for more intense meetings and developments later on. Hogan back in action To start with: Phil Hogan is back! After a ‘purdah’ period imposed on him by his bosses while he was …
All EU institutions are singing from the same hymn sheet after requests came in last week from business groups to postpone the enactment of new tariffs due in August on one fifth of Cambodian exports. The message is the following: We are sorry COVID-19 let to 150.000 people losing their …
A few weeks before the Big Lockdown, the European Union announced it was suspending trade preferences enjoyed by Cambodia under Brussels’ flagship duty-free-quota-free trade regime for the world’s poorest countries. Despite the severe economic and supply chain damage wrought by the pandemic, the EU still appears to plan on pressing …
Some week-end reading after many developments this week on EU ASEAN trade: Vietnam FTA, trade preference withdrawal for Cambodia, GSP reports on Myanmar and the Philippines, and an EU ASEAN Senior Officials meeting. Commentary by Borderlex editor Iana Dreyer.
The European Commission released a widely anticipated ‘delegated act’ in which, for the first time in the scheme’s almost fifteen-year history, suspends free trade rights for one of the poorest countries in the world. About 20% of Cambodian exports to the EU are covered by the planned preference withdrawal measures. …
The European Commission has circulated initial proposals to an ‘expert group’ on the extent of suspensions of duty-free-quota-free export rights it currently grants to Cambodia. Apparel, footwear, travel goods and sugar from the fast-growing South East Asian country are among the products that will face the reintroduction of duties and …
It’s been an eventful week on trade – with a deepening WTO crisis, some movement on agriculture, continued uncertainty over the EU Vietnam FTA ratification…. New low in WTO and transatlantic trade relations This week has provided fodder for around-the-clock quotation-chasing media as developments shifted by the day, if not …
