selection

trade agreements

This tag is associated with 57 posts

Comprehensive Economic and Trade Agreement (CETA) between EU and Canada [European Parliament impact 2014-2019]

The Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada entered into force on a provisional basis on 21 September 2017, and most of the agreement now applies. The ratification process is still ongoing at the Member State level. Continue reading

Supporters of value-driven trade policies [What Europe does for you]

If you, like many Europeans, are concerned about the impact of EU trade policies on other parts of the world, the EU addresses your concerns in various ways. Continue reading

The Privacy Shield: Update on the state of play of the EU-US data transfer rules

The CJEU’s Schrems judgment of October 2015, besides declaring the European Commission’s Decision on the EU-US ‘Safe Harbour’ data transfer regime invalid, has also settled a number of crucial requirements corresponding to the foundations of EU data protection. In less than one year from the CJEU ruling, the Commission had adopted a new adequacy decision in which the new framework for EU-US data transfer, the Privacy Shield (2016), is deemed to adequately protect EU citizens. The main improvements of the Privacy Shield (over its predecessor), as well as the critical reactions to the new arrangements, are discussed in this paper. The first joint annual review took place in September 2017 on which both the Commission and Article 29 Working Party issued their own reports. Although progress is recognised, a number of concerns remain and new challenges to the Privacy Shield have arisen, among others, from the Facebook/Cambridge Analytica scandal, as pointed out by the European Parliament in its recent resolution. Continue reading

Bilateral trade deal with Japan – largest to date for EU [International Agreements in Progress]

Negotiations on an EU-Japan trade agreement were officially launched in March 2013. Following the political agreement in principle reached in July 2017, a final accord on the EU-Japan Economic Partnership Agreement (EPA) was announced in December 2017. Continue reading

EU-Vietnam Free Trade Agreement [International Agreements in Progress]

The free trade agreement (FTA) with Vietnam has been described as the most ambitious deal of its type ever concluded between the EU and a developing country. Continue reading

Saudi Arabia: Economic indicators and trade with EU

The EU is Saudi Arabia’s first trading partner in goods, with 16.3 % of Saudi Arabia’s global trade, followed by China with 14.1 % and the US with 11.8 %. Saudi Arabia is the EU’s 15th trading partner in goods, with an EU market share of 1.5 %. Continue reading

Benefits of EU international trade agreements

Trade is the EU’s most important link to the world beyond its borders. In force since the 1957 Treaty of Rome, the transition to a common EU trade policy was completed in 1968. Continue reading

South Korea: Economic indicators and trade with EU

South Korea is one of the top countries in terms of doing business and holds a good score within the Human Development Index. Meanwhile its economy has slowed in recent years and female labour market participation remains lower than most OECD countries, with little progress. Trade with the EU has benefitted from 2011 bilateral Free Trade Agreement, namely making a boost in EU’s exports to South Korea. Continue reading

CETA: Final vote in the plenary session

Written by Krisztina Binder and Wilhelm Schöllmann, The EU-Canada negotiations on a Comprehensive Economic and Trade Agreement (CETA) began in May 2009 and were concluded in September 2014. For the EU, CETA represents the first comprehensive economic agreement with a highly industrialised Western economy. What’s in the text? The agreement’s overall aim is to increase flows of … Continue reading

12 graphs: Article 12 of the Vienna Convention

Written by Clare Ferguson, The European Union conducts and concludes trade agreements with partners on every continent, and is modernising some of the older agreements, dating back as far as the 1970s, to reflect the EU’s new trade competences acquired with the entry into force of the Lisbon Treaty. Article 12 of the Vienna Convention … Continue reading

A guide to EU procedures for the conclusion of international trade agreements [Policy Podcast]

Written by Laura Puccio, The European Union (EU) was the world’s biggest exporter and importer of goods and services in 2015, representing 32.51 % of global trade in goods and services. The USA and China, meanwhile, accounted for 12.01 % and 10.68 % respectively. The EU has been negotiating trade agreements since the 1970s, then … Continue reading

US: Economic indicators and trade with the EU

Amid an intense public debate on Transatlantic Trade and Investment Partnership (TTIP) talks, this Infographic provides you with essential data on trade between the world’s 2 largest economies. Continue reading

Role of the US Congress in trade agreements: The ‘Fast-Track’ procedure

Written by Micaela Del Monte and Laura Puccio Since 1974 the United States Congress has enacted Trade Promotion Authority (TPA) legislation to ensure speedy implementation of trade agreements in the United States, while maintaining a congressional hold on the objectives to be pursued by US negotiators. TPA defines a streamlined procedure (or expedited procedure) to … Continue reading

Investment rules in trade agreements: Developments and issues in light of the TTIP debate

Written by Laura Puccio EU FDI stocks in the US amount to €1 651.6 billion and US FDI stocks in the EU to €1 685.5 billion. Investment access and protection are therefore critical to EU-US economic relations. However, the need for an investment chapter in the proposed Transatlantic Trade and Investment Partnership (TTIP), and an … Continue reading

European Union trade policy [What Think Tanks are thinking]

Written by Marcin Grajewski International trade is an area where the European Union has an unquestionable global clout. It is the world’s biggest trading bloc while trade policy is an exclusive power of the EU. The EU faces numerous challenges in the trade area, notably talks on the Transatlantic Trade Investment Partnership (TTIP), an agreement … Continue reading

EU-US negotiations on TTIP: A survey of current issues

Written by Laura Puccio With the next TTIP negotiating session due in July, an extraordinary meeting of Parliament’s International Trade Committee (INTA) will be held on 29 June. The Committee will discuss the many amendments put forward in plenary to its draft recommendations for the EU’s negotiators, with the aim of finding compromises which the … Continue reading

Economic significance of trade in services: Background to negotiations on a Trade in Services Agreement (TiSA)

Written by Wilhelm Schöllmann Fifty-one members of the World Trade Organization (WTO): Australia, Canada, Chile, Chinese Taipei, Colombia, Costa Rica, Hong Kong, Iceland, Israel, Japan, Liechtenstein, Mexico, New Zealand, Norway, Pakistan, Panama, Paraguay, Peru, South Korea, Switzerland, Turkey and the United States, together with the European Union and its 28 Member States – have been trying … Continue reading

TTIP: the question of data protection

Written by Jan Baeverstroem Contrary to EUs comprehensive data protection legislation, protection of privacy in the United States relies not only on federal and state legislation and regulation but also on private-sector regulation. The US Constitution’s First amendment protects citizens’ freedom of speech and the Fourth amendment protects citizens’ freedom of speech and right to … Continue reading

Topics and links – September 2014

Update: This post is available in all EU languages – please see at the bottom of this post. In this issue: Scotland’s referendum, hearings of Commissioners, Sanctioning MEPs’ behavior, association agreement EU-Ukraine, free trade agreements TTIP/CETA.   In September 2014, citizens’ topics of particular interest ranged from the EU’s external relations (Ukraine, Russia) and trade … Continue reading

Topics and links – August 2014

Update: This post is available in all EU languages – please see at the bottom of this post. In this issue: ISIS terror and humanitarian disaster in Iraq, tensions between Russia and Ukraine, Israeli-Palestinian conflict, independence of the judiciary in Turkey, TTIP negotiations. Recent international conflicts were the dominating issues in the correspondence of citizens … Continue reading

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