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Commitments made at the hearing of Phil HOGAN, Commissioner-designate - Trade

22-11-2019

The Commissioner-designate, Phil Hogan, appeared before the European Parliament on 30 September 2019 to answer questions from MEPs in the Committee on International Trade (INTA). During the hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his portfolio, as described in the mission letter sent to him by Ursula von der Leyen, President-elect of the European Commission, including: - A level playing field for all; - Strengthening Europe’s global ...

The Commissioner-designate, Phil Hogan, appeared before the European Parliament on 30 September 2019 to answer questions from MEPs in the Committee on International Trade (INTA). During the hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his portfolio, as described in the mission letter sent to him by Ursula von der Leyen, President-elect of the European Commission, including: - A level playing field for all; - Strengthening Europe’s global leadership; - Trade for sustainable development and climate action; and - Making trade more transparent.

Free trade or geo-economics? Trends in world trade

27-09-2019

The European Union (EU) is the biggest integrated economic zone and a guarantor of an open and predictable regulatory system able to determine its own economic destiny. But the behaviour of other global powers is increasingly calling this ability into question. China and the United States, especially, do not separate economic interests from geopolitical interests in the same way the EU does and are increasingly trying to gain geopolitical advantage using their economic might. The EU is known as ...

The European Union (EU) is the biggest integrated economic zone and a guarantor of an open and predictable regulatory system able to determine its own economic destiny. But the behaviour of other global powers is increasingly calling this ability into question. China and the United States, especially, do not separate economic interests from geopolitical interests in the same way the EU does and are increasingly trying to gain geopolitical advantage using their economic might. The EU is known as a fierce defender of a multilateral rules - based trade system with free but fair trade as its strategic policy objective. The EU will therefore do its utmost to save a ‘meaningful multilateralism’ by helping to reform the WTO, improve multilateral investment protection and conclude multilateral trade agreements. At the same time, the EU will defend its own interests by negotiating bilateral trade deals and applying trade defence and investment screening where needed. The EU has a strong interest in keeping the use of geo-economic measures manageable and avoid escalation into a trade war.

The European Union and the World Trade Organisation

01-05-2018

The World Trade Organisation (WTO) works to guarantee a rules-based international trading system. Despite the impasse in trade negotiations, ways to modernise WTO rules and address new global challenges are being explored. In February 2017, the entry into force of the Trade Facilitation Agreement brought about new developments in WTO trade rules. Under the Lisbon Treaty, Parliament legislates jointly with the Council and has an important scrutiny role on international trade policy.

The World Trade Organisation (WTO) works to guarantee a rules-based international trading system. Despite the impasse in trade negotiations, ways to modernise WTO rules and address new global challenges are being explored. In February 2017, the entry into force of the Trade Facilitation Agreement brought about new developments in WTO trade rules. Under the Lisbon Treaty, Parliament legislates jointly with the Council and has an important scrutiny role on international trade policy.

Transatlantic relations: the USA and Canada

01-02-2018

The EU, the US and Canada share the values of democracy, human rights, and economic and political freedom, and have overlapping foreign policy and security concerns. The EU-Canada Comprehensive Economic and Trade Agreement and Strategic Partnership Agreement entered into force provisionally in 2017. Negotiations on an EU-US Transatlantic Trade and Investment Partnership were halted in 2017. The Council adopted negotiating directives to eliminate industrial tariffs on 15 April 2019.

The EU, the US and Canada share the values of democracy, human rights, and economic and political freedom, and have overlapping foreign policy and security concerns. The EU-Canada Comprehensive Economic and Trade Agreement and Strategic Partnership Agreement entered into force provisionally in 2017. Negotiations on an EU-US Transatlantic Trade and Investment Partnership were halted in 2017. The Council adopted negotiating directives to eliminate industrial tariffs on 15 April 2019.

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