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Transatlantic News
Transatlantic News
11
Jan
This week (January 7th-13th), EU Trade Commissioner Cecilia Malmström spoke at the Atlantic Council in Washington D.C. about the current international trade landscape.
In her speech, Malmström pointed out the importance of reforming the WTO, in order to maintain the effectiveness of the system.
“International trade without the WTO would be anarchic. Countries would be bullied, companies would fall victim to unfair practices – there would be no reliability, no stability. So we need to repair and stand up for the...
09
Jan
Mr Hiroshige Seko, Minister of Economy, Trade and Industry of Japan, Ambassador Robert E. Lighthizer, United States Trade Representative, and Ms Cecilia Malmström, Commissioner for Trade, met in New York on 25 September 2018.
Statement on Concerns with Non-Market-Oriented Policies and Practices of Third Countries
The Ministers reiterated their concern with and confirmed their shared objective to address non market-oriented policies and practices of third countries that lead to severe overcapacity, create unfair competitive conditions for their workers and businesses, hinder...
08
Jan
New rules to revive the EU's securitisation market will lead to more investment opportunities and increased lending to households and businesses.
The new harmonised securitisation rules, which will apply as of 1 January, are an important building block of the Capital Markets Union. They will help provide additional funding sources for companies, strengthen banks' ability to support the economy and spread risks across market participants, while avoiding the excesses that led to the financial crisis.
Drawing heavily on the work of the...
07
Jan
The euro, Europe's common currency, turned 20 on 1 January 2019. Exactly 20 years ago, on 1 January 1999, 11 EU countries launched a common currency, the euro, and introduced a shared monetary policy under the European Central Bank.
The historic moment was a milestone on a journey driven by the ambition of ensuring stability and prosperity in Europe. Today, still young, the euro is already the currency of 340 million Europeans in 19 Member States. It has brought tangible...
28
Dec
Geneva, 17/12/2018 - 13:27, UNIQUE ID: 181217_10 | Statements on behalf of the EU
Chair,
At the last Trade Policy Review of the United States two years ago, a month before President Trump was sworn into office, I ended the EU statement with the hope that the protectionist rhetoric would end once the President-elect had taken office. Today, unfortunately, rhetoric has turned into reality and the repercussions of tariffs and other restrictions are being felt at the heart of this organisation,...
28
Dec
The European Council was updated on the state of play on the Clean energy package files.
I am very happy that yesterday we successfully concluded negotiations with the European Parliament on the two electricity market design files. This means that - provided EU ambassadors confirm this result - we now have a political agreement on the entire clean energy package. This will bring benefits to consumers in the form of lower energy prices and more possibilities to become active in the electricity...
23
Dec
By John Bruton, a former Irish Taoiseach from 1994 to 1997, Ambassador of the European Union to the United States from 2004 to 2009
It puzzles many people in Britain that something known as an “Irish backstop” should be at the heart of an increasingly bitter dispute. The dispute is about the Deal the UK Government has made with the EU on the terms for the UK leaving the EU.
Most people understand that, when the UK leaves the EU, the...
21
Dec
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