EU

European Union

EU, seeking far-flung friends, holds first summit with Gulf states
Talks on an EU-GCC free trade agreement, which began 35 years ago, have been suspended since 2008. The UAE has urged the EU to start talks on a separate trade pact with it.
EU plans cash help for farmers to overcome French resistance to Mercosur deal
The European Commission is working on a new budget fund to compensate farmers for any negative impact from the EU-Mercosur agreement. A French diplomat described the proposal as “an interesting option.”
EU-Andean Countries: Council greenlights the conclusion of the trade agreement with Colombia, Peru and Ecuador
The Council has adopted a decision to conclude the trade agreement between the European Union and its member states, on one hand, and Colombia and Peru, on the other, as well as a decision to conclude the protocol concerning Ecuador's accession to this agreement.
Spain urges fellow EU members to suspend free trade agreement with Israeli regime
Spain has called on fellow members of the European Union to suspend a free trade deal between the EU and Israel, amid the regime's ongoing aggression in the Gaza Strip.
EU farmers reaffirm opposition to Mercosur deal as talks resume
Several EU-wide organisations representing farmers across several sectors have reaffirmed their opposition to the EU-Mercosur Trade Agreement, as talks between both sides have restarted.
After intra-EU BITs and the ECT, the EU needs to abandon extra-EU BITs—for legal, energy and climate policy, and political economy reasons
EU members should terminate extra-EU BITs. To facilitate the process, the EU could spearhead an instrument similar to the plurilateral agreement to terminate intra-EU BITs or based on the draft treaty language on termination proposed to UNCITRAL.
Philippines, EU to resume FTA talks
The Philippines and the European Union (EU) are set to resume next week the negotiations for a free trade agreement (FTA), which the Department of Trade and Industry (DTI) wants to conclude by 2027 to ensure continued preferential market access to the bloc.
Drop ‘irrational standards’ in trade talks, Goyal advises EU
Commerce minister Piyush Goyal on Friday advised the European Union to shun imposing “irrational standards” such as carbon tax, which he said act as trade barriers.
‘Isolated’ France faces political storm over EU-South American trade deal
An already weakened Macron risks outrage from farmers as the rest of the EU races to get Mercosur deal done.
Italian Deputy PM pledges to help pull through EU-Mercosur FTA
Italy's Deputy Prime Minister and top diplomat Antonio Tajani told a group of Brazilian businesspeople in Sao Paulo that they are working to accelerate the process and reach a positive conclusion.