The long-delayed successor to the Cotonou Agreement between the EU and African, Caribbean and Pacific (ACP) community appears to be approaching the finish line with a ‘99%’ chance of success this year, according to both sides.
German agriculture minister Julia Klockner said her European counterparts are very sceptical of the agreement because it heaps unneeded pressure on the bloc’s farmers.
The late-July selection of veteran EU insider Denis Redonnet as chief trade enforcement officer coincides with the 27-nation bloc’s continuing preparations to vote on its hard-fought — and controversial — draft accord with the Mercosur group.
A protest against the planned EU-Mercosur trade agreement was held on 28 August, with the participating groups citing the incompatibilities of the EU’s climate ambitions with actions taken by the Brazilian government.
The fundamental bargain is quasi colonial: this means that Mercosur countries are left with the task of providing commodities, agricultural produce, ore and energy products, while the EU will provide higher value-added products and services.
Despite a recent charm offensive by senior Chinese diplomats, the chances of wrapping up a landmark investment deal with the European Union remain uncertain, analysts said.
The European Union’s Trade Commissioner called for the resumption of the stalled EU-GCC Free Trade Agreement negotiations.
The Association of German Chambers of Industry and Commerce defended the agreement as it “could provide the urgently needed boost to the economy, during the current crisis.”
German Chancellor Angela Merkel expressed "significant doubts" over the EU-Mercosur free trade deal on concerns over the devastating deforestation of the Amazon rainforest.
Days ahead of a final deadline, activation of a long-planned Algeria-EU trade deal risks unravelling as political and business leaders in the North African country warn it will undermine economic sovereignty.
A post-Brexit trade deal between the UK and the EU "seems unlikely" at this stage, the bloc’s negotiator has said.
The EU insists that important differences in the two sides’ positions must be bridged and an agreement found by October.
Vietnam seeks to build on its new free trade agreement with the European Union to expand foreign investment in medical equipment and pharmaceuticals, with the government position the country as an alternative production base to China.
Nevertheless, British international trade minister told her US counterparts that retaliatory tariffs imposed on EU goods were unacceptable and should be removed.
The second negotiating round for the deepening of the interim Economic Partnership Agreement was held virtually, from 6-8 July 2020.
The European Union enforced trade sanctions against Cambodia in response to human rights violations, prompting the government to turn to China.
Algeria’s president has requested the country’s trade minister reassess a deal with the EU, ahead of a free trade agreement due to come into effect on 1 September.
The UK’S trade negotiators are rushing into post-Brexit trade deals that could decimate superior British standards in a bid to be more competitive the Institute for Government warned.
Britain’s top minister overseeing Brexit talks said there had been a distinct change of tone from the European Union in recent weeks allowing progress to be made.
The Cambodia-China free trade deal is a message to the EU that Cambodia has another special economic gateway beside the EU