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The United Kingdom (UK) withdrew from the European Union (EU) on 1 February 2020. The Withdrawal Agreement, which entered into force on 1 February 2020, provides for a transition period during which the UK will remain in the EU's single market and customs union until 1 January 2021. The Withdrawal Agreement also includes a Protocol on Ireland/Northern Ireland, which states that Northern Ireland will be part of the UK's customs territory and internal market after the transition, but that goods originating ...

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 ...

This report analyzes current UK-EU27 agri-food trade, and quantifies the impacts of a return to WTO rules after Brexit. Agri-food trade is likely to decrease steeply, especially for meat and dairy sectors. However, there might be an opportunity for an increase in production in a reduced number of European sectors, such as red meat, cattle or wheat, to replace imports from the UK. More generally, Ireland is likely to be the most negatively impacted country and deserves particular attention during ...

Public opinion surveys suggest that although most Indonesians do not know much about the European Union, they generally feel positively towards it. Looking at the principles underpinning key Indonesian government policies over the past few decades, there is much common ground between the EU and Indonesia. Some of the biggest gaps are in the field of economic policy, where the EU's commitment to trade and investment liberalisation contrasts with Indonesia's more ambiguous stance. There are more similarities ...

In view of the difficult economic situation and on-going reform process in Ukraine, the European Commission proposes to improve access for Ukraine to the EU market for some industrial and agricultural products. The European Parliament (EP) plenary vote is scheduled for May.

The Comprehensive Economic and Trade Agreement (CETA) is a preferential trade and investment agreement, negotiated between the European Union (EU) and Canada but not yet in force, which aims at increasing the bilateral flow of goods, services and investments. CETA includes several elements which are directly related to agriculture, notably tariff cuts, tariff rate quotas and Geographical Indications, while the sections on subsidies, rules of origin and sanitary and phytosanitary rules also have implications ...

The launch of negotiations on a Deep and Comprehensive Free Trade Agreement (DCFTA) is a key element in the EU's commitment to supporting democratic consolidation in Tunisia. The commitment is particularly important now, at a time when Tunisia is facing a politically and economically difficult period. The proposed legislation aimed at offering temporary exceptional access for Tunisian olive oil to the EU market is also to be viewed in this context. Both topics are the subject of a joint debate in ...

WTO Back on Track After Bali

Briefing 11-12-2013

An agreement on trade reached through the World Trade Organisation in Bali will likely reduce global trading costs by 10-15 %. Red tape is likely to be substantially reduced. While the deal includes some new provisions on agriculture, the issue remains a thorny one among negotiating parties. The package also includes concessions on market access for developing countries. The Bali ministerial meeting marked good progress, but there remains much to be done before the WTO can conclude the Doha Development ...

The current round of international trade negotiations are expected to culminate in the ninth Ministerial Conference (MC9) taking place in Bali from 3-5 December 2013. These negotiations are the continuation of those launched in Doha, Qatar, in 2001. Since then, seven Ministerial Conferences have taken place, but a deal has proven elusive. There are many reasons put forward to explain this, with the principal ones being the emergence of major developing countries and their wish to rebalance the trading ...

EU's trade, agriculture, climate change and migration policies have a large impact on the Union's development objectives, reason why coherence between these and development policies is crucial. The Generalised System of Preferences (GSP) and Economic Partnership Agreements (EPAs) are powerful policy tools and the recent revisions of the GSP and the conclusion of most recent EPAs are in principle coherent with development objectives. However, detailed analysis shows that ‘sensitive product’ lists, ...