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Tag: trade

European Commission kicks off major EU trade policy review

Today, the European Commission launched a major review of the European Union’s trade policy, including a public consultation seeking input from for the European Parliament, Member States, stakeholders and civil society. The Commission’s objective is to build a consensus around a fresh medium-term direction for EU trade policy, responding to a variety of new global […]

Coronavirus: European Commission backs international initiative to facilitate trade in healthcare products

The ongoing global coronavirus crisis has highlighted the need for a collective response from the international community to reinforce preparedness for this and future crises. Following a first discussion among EU ministers, Commissioner for Trade, Phil Hogan, yesterday afternoon shared the European Commission’s ideas for an international initiative to facilitate trade in healthcare products with […]

UN seeks to build transport and trade resilience in wake of COVID-19

UNCTAD and the five UN regional commissions join forces to help developing countries tackle trade and transport challenges from the coronavirus pandemic. A new joint UN project is seeking to help governments and businesses keep transport networks and borders operational and facilitate the flow of goods and services, while containing the spread of the coronavirus. […]

State aid: EU Commission approves Dutch guarantee scheme to stabilise trade credit insurance market in coronavirus outbreak

The European Commission has approved, under EU State aid rules, a Dutch guarantee scheme to support the trade credit insurance market in face of the coronavirus outbreak. Trade credit insurance protects companies supplying goods and services against the risk of nonpayment by their clients. Given the economic impact of the coronavirus outbreak, the risk of […]

Trade defence report: restoring the level playing field for European producers

EU trade defence measures are effective in reducing unfair international trading practices, according to an annual report published today by the European Commission. The anti-dumping or anti-subsidy duties imposed by the Commission lead on average to an 80% decrease in unfair imports, leaving other foreign supplies unaffected. EU measures protect now also 23,000 more jobs […]

UNCTAD – Ten-point plan to bolster global transport, ease trade during COVID-19

DOWNLOAD in PDF here https://unctad.org/en/PublicationsLibrary/presspb2020d3_en.pdf?user=46&utm_source=UNCTAD+Media+Contacts&utm_campaign=15130e8949-EMAIL_CAMPAIGN_2020_04_24_01_23_COPY_01&utm_medium=email&utm_term=0_1b47b7abd3-15130e8949-70433381 COVID-19: A 10-POINT ACTION PLAN TO STRENGTHEN INTERNATIONAL TRADE AND TRANSPORT FACILITATION IN TIMES OF PANDEMIC The coronavirus disease (COVID-19) pandemic is substantially impacting people’s lives and livelihoods and putting extreme stress on socioeconomic systems. International collaboration, coordination and solidarity among all is going to be key to overcoming this […]

State aid: EU Commission approves German guarantee scheme to stabilise trade credit insurance market in coronavirus outbreak

The European Commission has approved, under EU State aid rules, a German guarantee scheme to support the trade credit insurance market in the face of the coronavirus outbreak. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The German guarantee scheme will help ensure that trade credit insurance continues to be available to all […]

COVID-19 affirms urgency of trade facilitation reforms in Angola

The nation’s oil-dependent economy has been hit by low demand due to the coronavirus pandemic. It’s banking on trade facilitation reforms to improve competitiveness in other sectors. The coronavirus (COVID-19) pandemic’s blow to global oil prices has re-emphasized the need for Angola to wean its economy off volatile fuel exports. As companies around the world […]