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The pandemic and the negotiations following Brexit have been a serious challenge for the integrity of the single market, in particular regarding free movement. Growing world tensions and the military aggression against Ukraine by the Russian Federation are now further emphasising the benefits of unity between Member States. Faced with this extremely difficult environment, the EU has responded with unprecedented determination, developing a series of tools and coordination mechanisms, such as common ...

EU-UK relations in fisheries

Indgående analyse 25-02-2021

The United Kingdom's decision to leave the European Union has brought significant uncertainty for the fisheries sector. Fisheries, and especially EU fishing rights in UK waters, played a prominent role in the recent negotiations on future EU-UK relations and ultimately became the final obstacle to reaching an agreement, being the very last point to be agreed. The new EU-UK Trade and Cooperation Agreement, settled on 24 December 2020, marks an important milestone in the long history of fisheries relations ...

EU trade policy: Frequently asked questions

Indgående analyse 15-10-2019

This paper seeks to serve as a key resource for policy-makers who need to understand complex issues related to international trade quickly. It also outlines the key academic debates and issues, and provides references to further resources that could offer useful support to the work of policy-makers in the European Parliament. It seeks to provide immediate answers to the most commonly asked questions related to EU trade policy: from the evolution and scope of EU common commercial policy to the role ...

The free trade agreement (FTA) negotiated in 2015 with Vietnam has been described as the most ambitious deal of its type ever between the EU and a developing country. Not only will it eliminate over 99 % of customs duties on goods, it will also open up Vietnamese services markets to EU companies and strengthen protection of EU investments in the country. According to European Commission figures, the FTA could boost Vietnam's booming economy by as much as 15 % of GDP, with Vietnamese exports to Europe ...

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. On 18 April 2018, the European Commission proposed to the Council of the European Union to sign and conclude the agreement. The Commission expects that the EU-Japan EPA can be signed in July 2018, and aims to have the agreement come into effect before ...

EU-Japan trade deal finalised

Oversigt 14-12-2017

Following the political agreement in principle reached in July 2017, a final accord on the EU-Japan Economic Partnership Agreement (EPA) was announced on 8 December 2017. The Commission aims that the agreement come into effect before the end of its mandate in 2019, after the approval of the Council and the European Parliament. However, negotiations on investment protection standards and investment protection dispute resolution will continue.

Despite the achievements of single market integration, many non-tariff barriers (NTBs) persist, preventing realisation of its full economic potential. These arise from laws, technical regulations and practices, and create obstacles for trade. NTBs can be of a general character, such as problems with the implementation and enforcement of EU law at the national level, missing or differing e-government solutions, or complex VAT requirements in intra-EU trade. NTBs can also be sector-specific and concern ...

The Single Market was launched more than 20 years ago, yet a considerable number of non-tariff barriers (NTBs) still exist, despite the fact that this should no longer be the case. NTBs come in many, often disguised, forms and substantially reduce the benefits of the Single Market.

The study points that reducing business costs and regulatory and market barriers is necessary to complete the Single Market. However, monitoring of barriers and costs in the EU is piecemeal and unsystematic, quantification and clear identification of barriers and costs is lacking, which makes prioritisation of policy actions difficult. Resulting costs of slow reform process and vague initiatives with uncertain time horizons in the area of e-commerce alone amount to €748 billion. As indicated by examples ...

The study TTIP: Motor Vehicles analyses the main challenges and opportunities concerning trade with motor vehicles and parts which should be considered during the negotiation between the EU and the US. The first part offers an overview of the effects of two recently concluded free trade agreements (FTA), the EU-Korea FTA and the FTA with Canada. In the second part the focus turns to the EU-US trade barriers and the potential for regulatory cooperation in the automotive industry. This is a short overview ...