Energy News  
TRADE WARS
EU seeks to unblock stalled trade deals
by AFP Staff Writers
Brussels (AFP) June 3, 2022

The EU is set to intensify efforts to finalise trade negotiations with Australia, New Zealand and Chile all while making sure adequate environmental norms are met, a top official said Friday.

Following a meeting of trade ministers of the 27 member states, EU trade commissioner Valdis Dombrovskis said there "was a very broad consensus" that the bloc needed to "intensify and... accelerate the work on concluding, signing and ratifying trade agreements".

Clinching trade deals with partners across the globe had long been the major priority of the European Commission, the EU's executive arm that handles trade policy for EU countries.

Spooked by the highly protectionist turn taken by the United States under former president Donald Trump, as well as the reluctance of China to open its economy, the EU pivoted to a more defensive trade policy.

This was encouraged by France which currently holds the EU's six-month presidency and has asked for a more cautious approach on trade deals, especially one with Mercosur, the South American trade bloc that has been agreed but yet to be ratified.

The Czech Republic and Sweden, which take over the EU's next two presidencies, are lobbying for the return of a more liberal trade stance, with free trade deals at their centre.

"When it comes to a free trade agenda I think the EU needs to do much more and (be) much quicker," said Swedish trade minister Anna Hallberg before the talks in Luxembourg.

"We need to be relevant trading partners, an attractive trading partner and we have a number of trade deals on the table. We need to conclude them now," she added.

Sweden takes over the EU presidency in January 2023 and will put pressure on the EU to conclude several deals, if they haven't crossed the finish line already.

The most ambitious hopes are that the European Commission will conclude negotiations with Chile, New Zealand and Australia by the end of this year.

The commission would also like to ratify agreements already struck with Mexico and Mercosur, but these are stuck in a legal limbo.

The Mercosur deal was negotiated over two decades and still faces bitter opposition from European cattle farmers and fears it lacks safeguards against the deforestation of the Amazon.

French Trade Minister Franck Riester said Paris wasn't opposed to a ramped up trade agenda, insisting trade deals should also be used to pressure partners into better practices.

Trade deals "must be aligned with our commitments to sustainable development, societal development, the environment... They can offer leverage in accomplishing those policies," he added.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
Calls for ILO mission to China to probe labour abuse charges
Geneva (AFP) June 2, 2022
Countries called Thursday on the International Labour Organization to send a mission to China to probe allegations of forced labour and discrimination of ethnic and religious minorities in the Xinjiang region. The ILO's main annual assembly in Geneva gathered representatives of countries, labour and employers who voiced alarm at charges, vehemently denied by China, of systemic labour violations especially targeting Uyghur and other ethnic minorities in Xinjiang. "This is a most serious case invo ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Argentina president seeks special tax on Ukraine war windfalls

German prosecutors raid Deutsche Bank in 'greenwashing' probe

Heads roll at Aussie power giant after green takeover bid

Spain limits air conditioning to save energy

TRADE WARS
Uncovering a novel way to bring to Earth the energy that powers the sun and stars

Novel strategy to make fast-charging solid-state batteries

University of Houston researchers identify alternative to lithium-based battery technology

Electrolyte additive offers lithium battery performance breakthrough

TRADE WARS
As the grid adds wind power, researchers have to reengineer recovery from blackouts

1500 sensors for the rotor blades of the future

Long-duration energy storage beats the challenge of week-long wind-power lulls

400 GW wind, solar power per year to meet 1.5 C Paris Agreement

TRADE WARS
Ultralight flexible perovskite solar cells

Biden throws US solar industry a lifeline with tariff relief, but can incentives bring manufacturing back?

Solar-biomass hybrid system satisfies home heating requirements in winter

New polymer property could boost accessible solar power

TRADE WARS
Framatome strengthens European engineering capacities with Framatome Belgium

France probes alleged nuclear power cover-up: source

Framatome and Vattenfall ink nuclear fuel contract for long term security of supply

Framatome to perform reactor vessel mitigation technique at 4 US nuclear plants

TRADE WARS
Bacteria could transform paper industry waste into useful products

Toward customizable timber, grown in a lab

Ultrathin fuel cell uses the body's own sugar to generate electricity

Mystery solved about active phase in catalytic CO2 reduction to methanol

TRADE WARS
Light instead of electricity: A new kind of "green hydrogen"

Iraq intercepts microlight carrying million captagon pills

Iraq approves $17 bn to pay Iran gas debt and buy grain

Green ire for London as gas field off Scotland approved

TRADE WARS
MEPs vote down key part of EU climate plan

DWS boss steps down after German 'greenwashing' raid

A cloudless future? The mystery at the heart of climate forecasts

Famine looms in Horn of Africa after four seasons of poor rains: agencies









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.