tradeagreement
South Koreans will soon be able to indulge in the classic French delicacy boeuf bourguignon but will have to wait longer for a slice of bresaola, the traditional Italian cured beef. The Republic of Korea officially opened market access for beef from France and Ireland earlier this month, putting a stop to an import ban in place since 2001 after the outbreak of bovine spongiform encephalopathy (BSE) – so-called ‘mad cow’ disease. The restrictions were a source of friction in the 2000s while the bloc and South Korea were negotiating their free trade agreement (FTA) - eventually brokered in 2011 ...
Euronews (English)
China's Commerce Ministry has voiced strong objections against the European Union's decision to escalate tariffs on Chinese electric vehicles, accusing Brussels of imposing unreasonable demands during its investigation into Chinese imports. The EU plans to impose provisional tariffs ranging from 17.4% to 38.1% starting 4 July, citing concerns over alleged subsidies benefiting Chinese automakers. Ministry spokesman He Yadong criticised the EU on Thursday for what he described as excessive information demands on Chinese companies, claiming the requirements surpassed standard anti-subsidy investi...
Euronews (English)
The European Commission today (28 May) announced it has forged its 13th trade partnership designed to source critical raw materials from outside the bloc, with Australia. Valdis Dombrovskis and Thierry Breton, respectively commissioners for trade and the internal market, appeared alongside signatory Australian trade minister Don Farrell, claiming the deal was “based on mutual benefits” — enabling the EU to diversify supply, and the development of Canberra’s domestic critical minerals sector. Australia is one of the world's leading producers of aluminium ore, cobalt, copper, iron ore, lithium, ...
Euronews (English)
An official trade partnership to source critical raw materials from Serbia is looming with negotiations at the final stages of legal wrangling, Commissioner Maroš Šefčovič told Euronews during a high-level event in Brussels. The trade deal between the EU and Serbia has been cooking for a while with the signing of a letter of intent last September — to strengthen and expand cooperation on critical raw materials and electric vehicles value chains — a clear signal that the EU executive and Belgrade were keen to join forces, provided that environmental and social acceptance challenges around the p...
Euronews (English)
For decades, the EU was reluctant to use trade agreements as a Trojan Horse for environmental and other “non-trade issues”. Don’t mix trade with other issues. It's not a means to an end. “Render to Caesar what belongs to Caesar” was how one European Commissioner dubbed it. That worked until the 1999 WTO Ministerial, where dockers, NGOs and unions conspired — egged on by the US — to destroy the Ministerial (as well as the window of Starbucks where I was sheltering from teargas) due to WTO’s apparent lack of care for environment, human rights or development. The “Battle of Seattle” led to seriou...
Euronews (English)
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