The director-general of the European Commission’s trade directorate Sabine Weyand said there is a “new dynamism” in Europe when it comes to ratifying CETA, the landmark trade and investment agreement between the European Union and Canada. “The geopolitical situation has changed the debate on trade policy,” said the commission’s top …
Diversification of trade destinations and sources seems to have been on top of minds in the EU this week. By Rob Francis and Iana Dreyer.
Brussels has vociferously criticised provisions in the recently enacted US Inflation Reduction Act that provide a subsidy to consumers buying vehicles assembled in North America. EU leaders should be cautious in how they now proceed and avoid disagreements over climate change measures that descend into endless Airbus-Boeing style trade disputes.
This rentrée week’s developments in EU trade policy herald an intense autumn.
It’s a week where China and the United States came back into focus in EU trade policy after weeks of almost exclusively dealing with Ukraine war-related trade files and the World Trade Organization.
The EU and Canada finalised negotiations towards a mutual recognition agreement of professional qualifications for architects. It took them five years to fulfil the pledge included in the text of their free trade agreement CETA, which has been in force provisionally since September 2017.
Today, the Dutch Senate approved a law allowing The Netherlands to sign and ratify the whole EU-Canada trade agreement CETA – including its investment protection part – after years of fierce national debate on its merits.
Germany took a significant step this week towards ratifying the EU-Canada Comprehensive Economic and Trade Agreement with the publication of a legislative proposal on Tuesday followed by a debate in the German parliament two days later.
It’s been another big week in EU trade. The European Parliament has now a position on carbon border adjustment, and climate and labour conditionality in free trade agreements is about to get much much tougher. But there are even more big news – as seen below. By Rob Francis and …
Outcomes from this week’s Trade and Technology Council will be seen as positive, but second or even third best to bilateral and multilateral deals. It is time to reset our evaluation of what are the best trade policy tools.