Bloomberg reports that Sri Lanka will request the lifting of a 2010 suspension of European trade preferences.
EU FTAs & bilateral ties
Welcome back to work, trade folks! Iana Dreyer outlines what’s on the long to-do list of the European Union’s trade Commissioner Cecilia Malmström in Brussels.
(Updated on 04 Aug 2015 at 19.15) The EU and Vietnam have sealed a far-reaching bilateral free trade agreement that involves substantial reforms for Vietnam to implement but falls short of fully liberalising EU imports of Vietnamese agricultural products and imposes strict fabric sourcing rules for its textiles exporters. ID
The EU is mulling simplifying the rules of origin of its free trade agreements and opening up TTIP to third countries. ID. //
EU – Japan free trade negotiations have been slowed down by Japan’s current focus on concluding the Transpacific Partnership. Yet they could be upgraded to include regulatory convergence similar to that pursued in TTIP, writes David Kleimann.
There are reports that the EU and India will resume long-stalled trade talks this summer. India’s looming loss of unilateral trade EU preferences for its garment and leather exports and a change in personnel in the Indian government appear to play a role in unblocking the talks. Read more on LiveMint.
There is not much progress to report on major bilateral trade policy files at the EU China summit held yesterday in Brussels. But small steps were taken on upgrading an intellectual property dialogue and to pave the way for a deal on accelerated customs clearance. By Iana Dreyer.
A slew of new data was released by the WTO, UNCTAD and Eurostat that should catch the attention of anyone interested in trade, investment and Europe.
Kazakhstan’s imminent WTO accession paves the way for closer political relations with the EU and could help ease tensions with the Eurasian Economic Union. Iana Dreyer in Brussels.