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How can international trade contribute to sustainable forestry and the preservation of the world’s forests through the Green Deal?

19-10-2020

High deforestation rates, particularly in tropical areas, remain a pressing concern for the international community, given their impacts on the global climate and the loss of biodiversity. The EU has committed to promoting sustainable forest management both domestically and internationally. However, efforts so far have concentrated on promoting the legality of trade in timber and timber products, via policy instruments such as FLEGT and the EU Timber Regulation. EU trade policy could be employed ...

High deforestation rates, particularly in tropical areas, remain a pressing concern for the international community, given their impacts on the global climate and the loss of biodiversity. The EU has committed to promoting sustainable forest management both domestically and internationally. However, efforts so far have concentrated on promoting the legality of trade in timber and timber products, via policy instruments such as FLEGT and the EU Timber Regulation. EU trade policy could be employed more systematically to promote sustainable forestry and deforestation-free value chains. The report proposes eleven measures to this end, both at the unilateral, bilateral and multilateral level, that inter alia combine market access incentives on the part of consumer markets such as the EU with obligations to promote principles of sustainable production on the part of producer countries.

Vanjski autor

Werner RAZA, Bernhard TRÖSTER, Bernhard WOLFSLEHNER, Markus KRAJEWSKI.

Commitments made at the hearing of Valdis Dombrovskis Commissioner for Trade

08-10-2020

The Commission Executive Vice-President/Commissioner-designate, Valdis Dombrovskis, appeared before the European Parliament on 02 October 2020 to answer questions put by MEPs from the Committee on International Trade, in association with the Committees on Foreign Affairs, on Economic and Monetary Affairs, on Development and on Budgets. During the hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his portfolio as Trade Commissioner, as described ...

The Commission Executive Vice-President/Commissioner-designate, Valdis Dombrovskis, appeared before the European Parliament on 02 October 2020 to answer questions put by MEPs from the Committee on International Trade, in association with the Committees on Foreign Affairs, on Economic and Monetary Affairs, on Development and on Budgets. During the hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his portfolio as Trade Commissioner, 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

WTO e-commerce negotiations

05-10-2020

While e-commerce represents an increasing portion of the economy, international regulation of e-commerce is lagging behind. In 2017, the WTO Ministerial Conference issued a Joint Statement Initiative signalling the intention to launch plurilateral e-commerce talks. In January 2019, in the margins of the World Economic Forum in Davos, 76 of 164 WTO members, among them the EU, Australia, China, Japan, and the USA launched e commerce negotiations. Members seek a high-standard outcome building on WTO ...

While e-commerce represents an increasing portion of the economy, international regulation of e-commerce is lagging behind. In 2017, the WTO Ministerial Conference issued a Joint Statement Initiative signalling the intention to launch plurilateral e-commerce talks. In January 2019, in the margins of the World Economic Forum in Davos, 76 of 164 WTO members, among them the EU, Australia, China, Japan, and the USA launched e commerce negotiations. Members seek a high-standard outcome building on WTO agreements, but the legal form of the deal is not yet clear. Participants wish to modernise trade rules to fit the digital age and show that the WTO's negotiating function can deliver. Key issues in the negotiations include e-contracts and e-signatures, data flows, data localisation requirements, disclosure of source code, and customs duties on electronic transmissions. While some divergences persist, in particular on data flows and privacy, the talks are progressing with a view to deliver a consolidated draft text by the end of 2020.

International Agreements in Progress: Modernisation of the trade pillar of the EU-Mexico Global Agreement

02-10-2020

On 21 April 2018, the EU and Mexico reached an agreement in principle on a modernised trade pillar of the EU-Mexico Economic Partnership, Political Coordination and Cooperation Agreement, also known as the Global Agreement, in force since 2000. On 28 April 2020, negotiations were formally concluded after the only outstanding item – EU access to sub federal public procurement contracts in Mexico – was agreed upon. The trade pillar of the Global Agreement was the first trade liberalisation agreement ...

On 21 April 2018, the EU and Mexico reached an agreement in principle on a modernised trade pillar of the EU-Mexico Economic Partnership, Political Coordination and Cooperation Agreement, also known as the Global Agreement, in force since 2000. On 28 April 2020, negotiations were formally concluded after the only outstanding item – EU access to sub federal public procurement contracts in Mexico – was agreed upon. The trade pillar of the Global Agreement was the first trade liberalisation agreement the EU concluded with a Latin American country. It has contributed to a significant increase in EU Mexico trade in services and industrial goods. However, it has become outdated, as both parties have entered into a wide range of preferential trade agreements with state-of-the-art provisions reflecting new developments in trade and investment policies. Removing non-tariff barriers to trade, and further liberalising trade in agricultural goods would allow the EU and Mexico to enhance their competitive edge in each other's markets. After the trade pillar's legal scrutiny and translation, it will become part of a three-pronged Global Agreement that will also contain revamped political dialogue and cooperation pillars and will be signed by the Council of the EU and its Mexican counterpart. The new Global Agreement will subsequently be submitted to the European Parliament for its consent. Second edition of a briefing originally drafted by Roderick Harte. The 'International Agreements in Progress' briefings are updated at key stages throughout the process, from initial discussions through to ratification.

Commissioner Hearings: Valdis Dombrovskis - Vice-President: An Economy that Works for People / Trade

30-09-2020

This Briefing concerns a portfolio change in the European Commission in mid-mandate and takes the same format and approach as those Briefings published in September 2019 to give Members of the European Parliament an overview of major issues of interest in the context of the Hearings of the Commissioners-designate.

This Briefing concerns a portfolio change in the European Commission in mid-mandate and takes the same format and approach as those Briefings published in September 2019 to give Members of the European Parliament an overview of major issues of interest in the context of the Hearings of the Commissioners-designate.

Post-COVID-19 Global Currency Order: Risks and Opportunities for the Euro

22-09-2020

The issuance of EU debt in the context of the recovery plan for Europe creates scope for strengthening the international role of the euro. However, with a large share of safe euro assets likely to be absorbed by the pandemic emergency purchase programme of the ECB, a shortage of eligible bonds stands to impede such progress. The ECB could decisively increase the supply of safe assets by issuing tradable ECB certificates of deposit as a way of overcoming this obstacle. This document was provided ...

The issuance of EU debt in the context of the recovery plan for Europe creates scope for strengthening the international role of the euro. However, with a large share of safe euro assets likely to be absorbed by the pandemic emergency purchase programme of the ECB, a shortage of eligible bonds stands to impede such progress. The ECB could decisively increase the supply of safe assets by issuing tradable ECB certificates of deposit as a way of overcoming this obstacle. This document was provided by Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON).

Vanjski autor

Barry EICHENGREEN, Daniel GROS

International Agreements in Progress - EU–China Comprehensive Agreement on Investment: Levelling the playing field with China

11-09-2020

Lack of reciprocity in access to the Chinese market and the absence of a level playing field for EU investors in China have posed major challenges for EU-China investment relations in recent years, with the negotiation of a comprehensive agreement on investment (CAI) being considered by the EU a key instrument to remedy this state of play. The CAI negotiations are aimed at establishing a uniform legal framework for EU-China investment ties by replacing the 25 outdated bilateral investment treaties ...

Lack of reciprocity in access to the Chinese market and the absence of a level playing field for EU investors in China have posed major challenges for EU-China investment relations in recent years, with the negotiation of a comprehensive agreement on investment (CAI) being considered by the EU a key instrument to remedy this state of play. The CAI negotiations are aimed at establishing a uniform legal framework for EU-China investment ties by replacing the 25 outdated bilateral investment treaties (BITs) China and EU Member States concluded prior to the entry into force of the Lisbon Treaty in 2009 when the EU gained competence for most investment issues. The CAI is intended to go far beyond traditional investment protection to also cover market access, investment-related sustainable development, and level playing field issues, such as transparency of subsidies, and rules on state-owned enterprises (SOEs) and forced technology transfer. Although leaders at the 2019 EU-China Summit jointly committed to concluding the CAI talks in 2020, lack of engagement at the highest political level on the Chinese side has raised doubts as to whether a breakthrough can be reached in time, with China more focused on navigating the uncertainties of its relations with the United States from January 2021. First edition. The 'International Agreements in Progress' briefings are updated at key stages throughout the process, from initial discussions through to ratification.

An EU legal framework to halt and reverse EU-driven global deforestation: European added value assessment

08-09-2020

Deforestation caused by agricultural activity is continuing at an alarming rate, threatening irreplaceable tropical forests that, among other things, are crucial for fighting climate change. The EU bears its share of responsibility for this environmental loss, as it is one of the major importers of several forest-risk commodities. To date, action has been taken at different levels to stop commodity-driven deforestation. Nevertheless, the impact on forest loss has been low as deforestation continues ...

Deforestation caused by agricultural activity is continuing at an alarming rate, threatening irreplaceable tropical forests that, among other things, are crucial for fighting climate change. The EU bears its share of responsibility for this environmental loss, as it is one of the major importers of several forest-risk commodities. To date, action has been taken at different levels to stop commodity-driven deforestation. Nevertheless, the impact on forest loss has been low as deforestation continues and new hot spots occur. There has been a recent commitment at EU level to propose new measures to minimise the risk of deforestation and forest degradation associated with products placed on the EU market. This European added value assessment (EAVA) accompanies the European Parliament's own-initiative legislative report calling on the European Commission to take legislative action on the matter. The EAVA looks at why EU action is needed and analyses four potential demand-side regulatory policy options at EU level. A quantitative analysis reveals that to varying extents, all options have the potential to reduce EU-driven deforestation and associated carbon emissions, while having a relatively small impact on the EU economy

EU-China geographical indications agreement

02-09-2020

On 6 November 2019, the EU and China concluded negotiations on a standalone agreement on cooperation on, and protection of, geographical indications (GIs), i.e. distinctive signs attached to (mainly) agricultural products that have a given quality, reputation or other characteristics that are attributable to their specific geographic origin. GIs are a type of intellectual property right (IPR) protected at multilateral level under the Agreement on Trade-related Aspects of Intellectual Property Rights ...

On 6 November 2019, the EU and China concluded negotiations on a standalone agreement on cooperation on, and protection of, geographical indications (GIs), i.e. distinctive signs attached to (mainly) agricultural products that have a given quality, reputation or other characteristics that are attributable to their specific geographic origin. GIs are a type of intellectual property right (IPR) protected at multilateral level under the Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS), and in the EU under a sui generis GI protection regime. The reciprocal EU-China agreement seeks to protect 100 EU GIs in China and 100 Chinese GIs in the EU against imitation and usurpation. On 20 July 2020, the Council endorsed its signature, and the European Parliament has now to give its consent for the agreement's conclusion. Once in force, the agreement could help boost EU exports of high-quality foodstuffs, wines and spirits to the EU's third-largest destination for agrifood exports, and foster rural development. It would also expand global recognition of the EU's sui generis GI protection regime, a key EU trade policy objective.

International trade policy

29-07-2020

The coronavirus pandemic caused a significant collapse in international trade in the first half of 2020. Trade accounts for a higher proportion of the EU economy than that of the United States of America (US) or China, which can make the EU's economic model more vulnerable to import and export disruptions. In recent years, the multilateral liberal trading order has already been facing unprecedented turbulence. The rise of protectionism and zero-sum thinking, trade wars and the blockage within the ...

The coronavirus pandemic caused a significant collapse in international trade in the first half of 2020. Trade accounts for a higher proportion of the EU economy than that of the United States of America (US) or China, which can make the EU's economic model more vulnerable to import and export disruptions. In recent years, the multilateral liberal trading order has already been facing unprecedented turbulence. The rise of protectionism and zero-sum thinking, trade wars and the blockage within the World Trade Organization (WTO) Appellate Body have been severely undermining the basis on which trade had been conducted in recent decades. At the same time, the European Commission remains committed to the promotion of free and fair trade. Thus the five main priorities for EU trade policy after coronavirus will be economic recovery, re-establishing a positive transatlantic relationship, levelling the playing field with China, negotiating a fair new trade relationship with the United Kingdom, and improving enforcement and implementation of the EU's trade agreements with 76 countries around the world. Each of these priorities will need to be balanced against the requirements of the WTO, a comprehensive regulatory approach to digital trade and mainstreaming of sustainability objectives into trade policy. Creative solutions, such as instruments to tackle foreign subsidies and the WTO pharmaceutical agreement can also help Europe to navigate the new geo-economic and post-coronavirus era of global trade successfully.

Buduća događanja

26-10-2020
European Gender Equality Week - October 26-29, 2020
Drugo događanje -
FEMM
26-10-2020
Joint LIBE - FEMM Hearing on Trafficking in human beings
Saslušanje -
LIBE FEMM
26-10-2020
Joint LIBE - FEMM Hearing on Trafficking in human beings
Saslušanje -
FEMM

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