1511

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Saudi Arabia: Economic indicators and trade with EU

22-11-2017

The EU is Saudi Arabia's first trading partner in goods, with 16.3 % of Saudi Arabia’s global trade, followed by China with 14.1 % and the US with 11.8 %. Saudi Arabia is the EU's 15th trading partner in goods, with an EU market share of 1.5 %. The trade balance is positive for the EU, as this infographic illustrates. Trade between the EU and Saudi Arabia takes place within the framework of the Gulf Cooperation Council (GCC), which includes Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia and the United ...

The EU is Saudi Arabia's first trading partner in goods, with 16.3 % of Saudi Arabia’s global trade, followed by China with 14.1 % and the US with 11.8 %. Saudi Arabia is the EU's 15th trading partner in goods, with an EU market share of 1.5 %. The trade balance is positive for the EU, as this infographic illustrates. Trade between the EU and Saudi Arabia takes place within the framework of the Gulf Cooperation Council (GCC), which includes Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia and the United Arab Emirates (UAE). The GCC countries formed their own customs union on 1 January 2015. The EU exports a wide range of goods and services to the region; however, around 50 % of the EU's exported goods to the GCC are machinery, including power generation plants, railway locomotives, aircrafts, electrical machinery and mechanical appliances. Meanwhile, approximately 70 % of all EU imports from the GCC consist of fuels and their derivatives. Following a reliance on oil revenues for about 90% of its budget in recent years, Saudi Arabia has embarked on an ambitious plan to restructure its oil-dependent economy, known as Vision 2030, involving diversification, privatisation, tax increases and subsidy cuts. Saudi Arabia has significant defence relationships with a rising number of EU Member States, primarily driven by the trade in arms (and often also related contracts for training and maintenance).

The United States' role in Central Asia

22-11-2017

Geographically distant and without historical ties to the region, the USA has never been a major player in Central Asia. However, both sides stand to gain from closer ties: for the USA, Central Asian countries are key partners in meeting security challenges; for Central Asia, benefits could include increased investment and reduced dependence on Russia and China, the two main regional powers.

Geographically distant and without historical ties to the region, the USA has never been a major player in Central Asia. However, both sides stand to gain from closer ties: for the USA, Central Asian countries are key partners in meeting security challenges; for Central Asia, benefits could include increased investment and reduced dependence on Russia and China, the two main regional powers.

Disinformation, 'fake news' and the EU's response

20-11-2017

The impact of the online spread of mis- and disinformation – including false news posing as factual stories – became increasingly visible in the context of the crisis in Ukraine, and gained notoriety as a global challenge during the 2016 United States presidential election campaign. Ahead of the European elections in 2019, the EU is now stepping up its efforts to tackle 'fake news'. This is a further updated version of an 'at a glance' note published in April 2017: PE 599.384.

The impact of the online spread of mis- and disinformation – including false news posing as factual stories – became increasingly visible in the context of the crisis in Ukraine, and gained notoriety as a global challenge during the 2016 United States presidential election campaign. Ahead of the European elections in 2019, the EU is now stepping up its efforts to tackle 'fake news'. This is a further updated version of an 'at a glance' note published in April 2017: PE 599.384.

The Istanbul Convention: A tool to tackle violence against women and girls

17-11-2017

The Council of Europe Convention on preventing and combating violence against women and domestic violence (Istanbul Convention) is the first instrument in Europe to set legally binding standards specifically to prevent gender-based violence, protect victims of violence and punish perpetrators. Following the EU’s signing of the Convention in June 2017, the European Parliament’s consent is required for the EU’s accession to the Convention. Pending Council’s formal request for that consent, Parliament ...

The Council of Europe Convention on preventing and combating violence against women and domestic violence (Istanbul Convention) is the first instrument in Europe to set legally binding standards specifically to prevent gender-based violence, protect victims of violence and punish perpetrators. Following the EU’s signing of the Convention in June 2017, the European Parliament’s consent is required for the EU’s accession to the Convention. Pending Council’s formal request for that consent, Parliament adopted an interim resolution in September 2017. This is an updated edition of an EPRS ‘at a glance’ note published in September 2017, PE 608.671.

Plenary round-up – Strasbourg, November I 2017

17-11-2017

The key focal points of the November I plenary session included debates on the rule of law in Malta and Poland and on the 'Paradise papers' revelations. Members adopted, inter alia, their positions ahead of the 11th WTO Ministerial Conference and the Eastern Partnership Summit. They also adopted resolutions on the new EU-Africa strategy and on the Ombudsman's activities in 2016. Parliament heard a formal address from Andrej Kiska, President of Slovakia, and finally, the 2017 LUX Prize was awarded ...

The key focal points of the November I plenary session included debates on the rule of law in Malta and Poland and on the 'Paradise papers' revelations. Members adopted, inter alia, their positions ahead of the 11th WTO Ministerial Conference and the Eastern Partnership Summit. They also adopted resolutions on the new EU-Africa strategy and on the Ombudsman's activities in 2016. Parliament heard a formal address from Andrej Kiska, President of Slovakia, and finally, the 2017 LUX Prize was awarded at a ceremony held on Wednesday.

The United States and the Western Balkans

17-11-2017

The United States has contributed greatly to the post-war reconstruction of the Western Balkans and remains a key player. While the region is not as high on the US foreign policy agenda as in the 1990s, the USA has consistently shown commitment to its Euro-Atlantic integration. US engagement is seen as crucial in this historically volatile region, weakened by unresolved past and emerging challenges.

The United States has contributed greatly to the post-war reconstruction of the Western Balkans and remains a key player. While the region is not as high on the US foreign policy agenda as in the 1990s, the USA has consistently shown commitment to its Euro-Atlantic integration. US engagement is seen as crucial in this historically volatile region, weakened by unresolved past and emerging challenges.

Saudi Arabia in the Western Balkans

17-11-2017

The Gulf States, along with other external players, have raised their profile in the Western Balkans in recent years. While most have set out on an economic quest, Saudi Arabia is considered to have a more ideological approach, seeking a strong role among the region's Muslims. In the 1990s Bosnian war, it provided significant aid for the Muslim cause and has stayed in the region to expand its influence, introducing stricter interpretations of Islam that are gradually taking root there.

The Gulf States, along with other external players, have raised their profile in the Western Balkans in recent years. While most have set out on an economic quest, Saudi Arabia is considered to have a more ideological approach, seeking a strong role among the region's Muslims. In the 1990s Bosnian war, it provided significant aid for the Muslim cause and has stayed in the region to expand its influence, introducing stricter interpretations of Islam that are gradually taking root there.

The role of the President of the Eurogroup

17-11-2017

The European Council of 13 December 1997 endorsed the creation of the Eurogroup, as an informal body that brings together the finance ministers of countries whose currency is the euro. The first Eurogroup meeting was convent on 4 June 1998. Since January 2005 the Eurogroup has a permanent president (first president Jean-Claude Juncker) with a term of two years.

The European Council of 13 December 1997 endorsed the creation of the Eurogroup, as an informal body that brings together the finance ministers of countries whose currency is the euro. The first Eurogroup meeting was convent on 4 June 1998. Since January 2005 the Eurogroup has a permanent president (first president Jean-Claude Juncker) with a term of two years.

Economic integration under the African Union

16-11-2017

Although it tends to prioritise political objectives, the African Union (AU) pursues a no less ambitious project for economic integration with the ultimate goal of creating a common market and a monetary and economic union. Currently, the main responsibility for driving economic integration forward is carried by the regional economic communities, which are overseen and coordinated by the AU. However, the pace of progress is very uneven. In addition, the AU has developed its own programmes for promoting ...

Although it tends to prioritise political objectives, the African Union (AU) pursues a no less ambitious project for economic integration with the ultimate goal of creating a common market and a monetary and economic union. Currently, the main responsibility for driving economic integration forward is carried by the regional economic communities, which are overseen and coordinated by the AU. However, the pace of progress is very uneven. In addition, the AU has developed its own programmes for promoting the continent's economic development.

The African Union: Defending peace, democracy and human rights

16-11-2017

The creation of the African Union (AU) in 2002 sparked hopes for the start of a new era in African integration. New institutional mechanisms and norms have been put in place to accomplish the AU’s ambitious objectives in the area of peace, human rights and democratic governance. Despite the promise of these objectives, they have yet to become fully effective and legitimate, as many member states still need to fulfil their commitments and sign the necessary legal instruments.

The creation of the African Union (AU) in 2002 sparked hopes for the start of a new era in African integration. New institutional mechanisms and norms have been put in place to accomplish the AU’s ambitious objectives in the area of peace, human rights and democratic governance. Despite the promise of these objectives, they have yet to become fully effective and legitimate, as many member states still need to fulfil their commitments and sign the necessary legal instruments.

Upcoming events

22-11-2017
Limits and Potential of the Public Health Programme
Workshop -
ENVI
22-11-2017
Fourteen meeting of the IMCO Working Group on the Digital Single Market
Other event -
IMCO
22-11-2017
Hearing on Brexit and the impact on land transport
Hearing -
TRAN

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