07 Mar
Member News

EIB | European Commission and EIB Group sign InvestEU agreements unlocking billions for investment across the European Union

The European Commission, the European Investment Bank (EIB) and the European Investment Fund (EIF) signed the Guarantee Agreement on a European Union budget guarantee of €19.65 billion to support investment projects across Europe Investments under the InvestEU programme will focus on four policy areas: sustainable infrastructure; research, innovation and digitisation; small and medium-sized businesses; and social investment and skills. The European Commission and the EIB also signed the InvestEU Advisory Hub agreement which will provide up to...

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07 Mar
Chapter News, Trade & TTIP Related

Fair and Open Trade in Europe and beyond – High Level Conference on Trade Policy and European Strategic Autonomy

"Check against delivery" | Paris, 7 March 2022 | Introduction Good morning. Thank you so much for inviting me to be with you today. I am glad to be here in person. Because getting together, being in one room  makes a difference. This is especially true these days. The events of the past weeks are a watershed moment for us all. They alter the course of our policies and the calculus of our foreign relations. I don't want to say too much about...

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07 Mar
Member News

Jaguar Freight | Weekly roar on Ukraine and supply chain issues

In this week’s Roar, we’re covering Ukraine and the fall out for supply chains, stress pushing air cargo rates up, more bad news for fuel, President Biden pledging to take on foreign ocean carriers, and a renewed case for blockchain in the supply chain. The list of disruptions that have resulted from the conflict in Ukraine spans borders and modes, and is growing. Carriers are shutting down operations in Ukraine until further notice, including DHL, A.P. Moller-Maersk, FedEx, and UPS. ...

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04 Mar
Chapter News

Ukraine: EU Commission proposes temporary protection for people fleeing war in Ukraine and guidelines for border checks

Today, the Commission is proposing to activate the Temporary Protection Directive  to offer quick and effective assistance to people fleeing the war in Ukraine. Under this proposal, those fleeing the war will be granted temporary protection in the EU, meaning that they will be given a residence permit, and they will have access to education and to the labour market. At the same time, the Commission is also putting forward operational guidelines intended to help Member States' border guards in...

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04 Mar
Chapter News

Russia’s military aggression against Ukraine: EU bans certain Russian banks from SWIFT system and introduces further restrictions

The Council today introduced further restrictive measures in view of the Russian Federation’s unprovoked and unjustified military aggression against Ukraine. The Council decided in particular to prohibit: the provision of specialised financial messaging services, which are used to exchange financial data (SWIFT), to Bank Otkritie, Novikombank, Promsvyazbank, Rossiya Bank, Sovcombank, VNESHECONOMBANK (VEB), and VTB BANK’. This prohibition will enter into force on the tenth day after the publication in the Official Journal of the EU, and will also apply to...

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04 Mar
Member News

Vulcan Insight | Ukrainian refugees get instant rights to live and work in the EU

As Russia’s invasion of Ukraine continues to intensify, hundreds of thousands of Ukrainian civilians fleeing westward to the EU’s eastern borders are being welcomed in Poland, Hungary, Slovakia, and Romania. From there, the refugees are being distributed across European continent. And in a sign of strong EU action on managing the massive refugee stream, Interior Ministers signed off on the Temporary Protection Directive on Thursday evening, giving Ukrainians the right to live and work in the European Union for...

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03 Mar
Member News

EY | How building your tech ecosystem fuels innovation and growth opportunities

CIOs are making these considerations to create alliances with a subset of strategic suppliers. Questions to ask: As you plan for your industry’s transformation (or future challenges), what capabilities do you or your clients lack? Where are your potential partners headed, and at what levels are they investing in new technologies? When will you be ready to migrate into that next level of trust relationship? During times of change, those who are able to establish trusted relationships often emerge stronger, better...

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03 Mar
Member News

Stibbe | Duality on dual distribution resolved?

Nothing is more fickle than information exchange: it changes colour under EU competition rules depending on the nature of the relationship between the exchanging companies. The distinction becomes particularly blurry in relationships that go beyond the traditional horizontal and vertical ones, such as in dual distribution, where a supplier sells goods or services both directly and through independent distributors. The increased use of dual distribution has led the European Commission to re-think the issue of information exchange within these systems....

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03 Mar
Chapter News

OECD releases third batch of transfer pricing country profiles

The OECD has released the third batch of 2021/2022 updates to the transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of 28 jurisdictions. The updated country profiles add new information on countries’ legislations and practices regarding the transfer pricing aspects of financial transactions and the application of the Authorised OECD Approach (AOA) on the attribution of profits to permanent establishments. In addition, the country profiles reflect updated information on a number of transfer pricing aspects such...

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02 Mar
Chapter News, Trade & TTIP Related

U.S. 2022 Trade Policy Agenda & 2021 Annual Report

From the President of the United States on the Trade Agreements Program | March 2022 | Forward The 2022 Trade Policy Agenda and 2021 Annual Report of the President of the United States on the Trade Agreements Program are submitted to the Congress pursuant to Section 163 of the Trade Act of 1974, as amended (19 U.S.C. § 2213). Chapter IV and Annex III of this document meet the requirements of Sections 122 and 124 of the Uruguay Round Agreements Act...

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