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The EU-UK reset: What are the prospects for closer cooperation?

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European Commission fines Oreo maker €337.5 million

According to the EU's executive branch, the company engaged in 22 anticompetitive agreements or concerted practices.

23/05/2024

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Shipping firms plead for UN help amid escalating Middle East conflict

The world's shipping industry has called on the United Nations to provide military protection for vessels operating in the Middle East after the latest seizure of a container ship by Iran, although much commercial traffic between Asia and Europe has already been re-routed around Africa.

19/04/2024

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China's shadow loomed over sixth EU-US Trade and Technology Counci

US and EU officials convened last week (4-5 April) for the sixth Trade and Technology Council (TTC) in Leuven to revive post-Trump era discussions. Tightening Sino-Russian relations, unresolved disputes, and potential return of the Republican to the White House cast a shadow over proceedings.

09/04/2024

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France trade deficit increases adding to the country's economic woes

In February 2024, France exported €50.3 billion worth of goods, while its imports amounted to €56.3 billion, equating to a trade deficit of €6 billion.

09/04/2024

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Transatlantic partners eye 'green marketplace' at summit

The US and EU will meet in Leuven to enhance cooperation on a 'sustainable and resilient' marketplace and facilitate trade in goods and technologies supporting the green transition.

03/04/2024

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Governments agree packaging waste law despite trade concerns

Belgium, current holder of the rotating EU Council presidency, has forged agreement between governments over new rules to tackle the growing problem of discarded packaging materials, overcoming the European Commission's concerns over trade diplomacy.

15/03/2024

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Exclusive: Trade officials confident of stalling packaging waste law

A landmark environment law designed to tackle the huge and growing volume of packaging waste discarded in Europe, already nearly 190m tonnes a year per person, risks being postponed until after EU elections amid a political impasse over its potential implications for trade and diplomacy.

14/03/2024

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India and EFTA sign $100 billion free trade deal

India and EFTA now need to ratify the agreement before it can come online, with Switzerland planning to do so by next year.

11/03/2024

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India’s unrealistic demands sank WTO agri talks, claims commissioner

EU executive blamed India’s hard stance on food stockpiling for lack of breakthrough at World Trade Organisation’s biennial agriculture ministerial.

04/03/2024

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Belgian Presidency seals withdrawal fix from Energy Charter Treaty

EU executive proposal seeks to establish member states' positions on modernising the treaty at Energy Charter Conference.

01/03/2024

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The Road To Green

Are concerns about the EU's new regulation on deforestation justified?

In partnership with The European Commission

While many view the new EU law on deforestation as a milestone, others have raised questions. In this explainer, we take a look at what's in the law and what the biggest concerns are.

27/02/2024

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Commission sets up expert group for AI trade secrets, copyright questions

The European Commission has set up an expert group to help the 27 EU member states with questions around the implementation of the AI Act and ensure harmonised application of the rules.

06/02/2024

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EU-Mercosur trade talks still alive, Brussels says in rebuke to Macron

The European Commission assured on Tuesday that talks on the EU-Mercosur trade agreement continue after a French official claimed President Emmanuel Macron had convinced the bloc's executive to bury the deal.

30/01/2024

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Who are Yemen’s Houthi rebels?

The group, a Zaidi Shiite movement that’s been fighting Yemen’s Sunni-majority government since the early 2000s, recently launched a series of attacks on commercial vessels in the Red Sea which have disrupted global trade.

23/01/2024

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Red Sea crisis a risk for EU economy, trade chief warns

Trade disruptions caused by instability in the Red Sea pose a risk for the EU’s economic outlook as well as the supply and price of energy, the bloc’s trade commissioner Valdis Dombrovskis warned on Tuesday.

16/01/2024

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Huge fire engulfs a warehouse outside St Petersburg

No casualties were reported in the blaze in the Russian city.

13/01/2024

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China to investigate EU brandy imports in new anti-dumping probe

China is launching an anti-dumping probe into imports of brandy from the European Union, a move which follows the bloc’s trade inquiry into Chinese electric vehicles.

05/01/2024

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New risk to inflation? Cost of the Red Sea attacks on global trade

Higher shipping costs and longer delivery times bring a new risk to global inflation.

20/12/2023

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Brussels extends trade truce with US to avoid new-year tariffs

The European Union today extended its trade truce with the United States for a further 15 months, preventing tariffs on trans-Atlantic trade worth billions of euros from kicking in automatically on January 1.

19/12/2023

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Spanish economy shows resilience as exports boom

Spanish exports exceeded €319.86 billion from January to October, an all-time high, according to government statistics released on Monday.

18/12/2023