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Union Customs Code

26-09-2018

The study examines whether the Union Customs Code is being properly implemented for the benefit of the European consumers, businesses and EU budget. It covers the complex legislative and administrative framework of the UCC and its governance structure. It assesses the impact of the transitional measures attached to the UCC. It moreover addresses the specific challenges raised in the area of E-Commerce.

The study examines whether the Union Customs Code is being properly implemented for the benefit of the European consumers, businesses and EU budget. It covers the complex legislative and administrative framework of the UCC and its governance structure. It assesses the impact of the transitional measures attached to the UCC. It moreover addresses the specific challenges raised in the area of E-Commerce.

Mexico: Economic indicators and trade with EU

22-05-2018

Mexico's economy is the 15th largest in the world (in terms of GDP) and the second largest in Latin America, after Brazil. It is currently classified as an upper middle-income economy by the World Bank, and is a member of the WTO, the OECD and the G20. The EU is Mexico's third-largest trading partner after the US and China, and its second biggest export market after the US. Our infographic, produced in close cooperation with GlobalStat, provides a quick and useful overview of Mexico's main economic ...

Mexico's economy is the 15th largest in the world (in terms of GDP) and the second largest in Latin America, after Brazil. It is currently classified as an upper middle-income economy by the World Bank, and is a member of the WTO, the OECD and the G20. The EU is Mexico's third-largest trading partner after the US and China, and its second biggest export market after the US. Our infographic, produced in close cooperation with GlobalStat, provides a quick and useful overview of Mexico's main economic and trade data, as well as of the EU grants and loans to this country. This is an updated edition of an ‘at a glance’ note published in March 2017.

Trump, trade and tariffs [What Think Tanks are thinking]

16-03-2018

US President, Donald Trump, has imposed tariffs on steel and aluminium imports, raising fears of a trade war with other countries. He has argued that the levies, of 25 % on steel and 10 % on aluminium, are needed to protect US national security. But many analysts and politicians believe that they are actually meant to protect domestic producers and meet Trump's pre-election promise to return manufacturing jobs to the US. The European Union is seeking an exemption from the tariffs, which has already ...

US President, Donald Trump, has imposed tariffs on steel and aluminium imports, raising fears of a trade war with other countries. He has argued that the levies, of 25 % on steel and 10 % on aluminium, are needed to protect US national security. But many analysts and politicians believe that they are actually meant to protect domestic producers and meet Trump's pre-election promise to return manufacturing jobs to the US. The European Union is seeking an exemption from the tariffs, which has already been granted, in principle, to Canada and Mexico. If this does not happen, the EU could respond in several ways, including by imposing its own tariffs on US products. This note offers links to a series of recent commentaries and reports from major international think tanks and research institutes in reaction to Trump's decision. More reports on international trade can be found in a previous edition of 'What Think Tanks are thinking' published in June 2017.

New US tariffs: Potential impact on the WTO

13-03-2018

On 8 March 2018, US President Donald Trump signed orders imposing tariffs of 25 % on steel imports and 10 % on aluminium imports. These tariffs will apply to all countries, except Canada and Mexico (and possibly also Australia). President Trump has expressed a willingness to discuss the measures with individual countries and make additional exceptions if US (security) concerns are addressed. The European Commission and other US trading partners have expressed their concern at the measures, fearing ...

On 8 March 2018, US President Donald Trump signed orders imposing tariffs of 25 % on steel imports and 10 % on aluminium imports. These tariffs will apply to all countries, except Canada and Mexico (and possibly also Australia). President Trump has expressed a willingness to discuss the measures with individual countries and make additional exceptions if US (security) concerns are addressed. The European Commission and other US trading partners have expressed their concern at the measures, fearing that they could lead to a wider trade dispute. The Trump administration's justification of the tariffs on national security grounds is also viewed as a threat to the multilateral trading system.

Revamping the regulation on spirit drinks

22-02-2018

In December 2016, the European Commission proposed to replace the current Spirit Drinks Regulation with a new one. The Parliament is expected to vote during the February II plenary on the ENVI committee's report on the proposal and on a mandate for interinstitutional trilogue negotiations.

In December 2016, the European Commission proposed to replace the current Spirit Drinks Regulation with a new one. The Parliament is expected to vote during the February II plenary on the ENVI committee's report on the proposal and on a mandate for interinstitutional trilogue negotiations.

A União Europeia e os seus parceiros comerciais

01-02-2018

Ao longo dos anos, a UE tem-se afastado da produção de produtos de mão-de-obra intensiva e de baixo valor, de forma a especializar-se em bens de marca de maior valor. Devido à sua economia aberta, o comércio é essencial para a UE. Para ultrapassar as barreiras ao comércio e nivelar as condições de concorrência para as suas empresas, a União está a negociar vários acordos de comércio livre (ACL). A UE também é fundadora e uma agente essencial da Organização Mundial do Comércio (OMC).

Ao longo dos anos, a UE tem-se afastado da produção de produtos de mão-de-obra intensiva e de baixo valor, de forma a especializar-se em bens de marca de maior valor. Devido à sua economia aberta, o comércio é essencial para a UE. Para ultrapassar as barreiras ao comércio e nivelar as condições de concorrência para as suas empresas, a União está a negociar vários acordos de comércio livre (ACL). A UE também é fundadora e uma agente essencial da Organização Mundial do Comércio (OMC).

Plenary round-up – Strasbourg, January 2018

19-01-2018

The January session highlights were the European Council conclusions debate and a presentation of Bulgarian Presidency priorities, as well as the first in a series of debates with EU leaders on the future of Europe, with the Irish prime minister, Leo Varadkar. Parliament voted, inter alia, on three clean energy package proposals; a review of dual-use items export controls; its opinion on the revised Brussels IIa Regulation; and gave its consent for the conclusion of the Marrakesh Treaty.

The January session highlights were the European Council conclusions debate and a presentation of Bulgarian Presidency priorities, as well as the first in a series of debates with EU leaders on the future of Europe, with the Irish prime minister, Leo Varadkar. Parliament voted, inter alia, on three clean energy package proposals; a review of dual-use items export controls; its opinion on the revised Brussels IIa Regulation; and gave its consent for the conclusion of the Marrakesh Treaty.

Review of dual-use export controls

12-01-2018

Certain goods and technologies have legitimate civilian applications but can also be used for the development of weapons of mass-destruction, terrorist acts and human rights violations; these so-called ‘dual-use’ goods are subject to the European Union’s export control regime. This regime is now being revised, mainly to take account of significant technological developments and to create a more level playing field among EU Member States. The proposed regulation recasts the regulation in force since ...

Certain goods and technologies have legitimate civilian applications but can also be used for the development of weapons of mass-destruction, terrorist acts and human rights violations; these so-called ‘dual-use’ goods are subject to the European Union’s export control regime. This regime is now being revised, mainly to take account of significant technological developments and to create a more level playing field among EU Member States. The proposed regulation recasts the regulation in force since 2009. Among other elements, the proposal introduces a controversial new ‘human security’ dimension to export controls, to prevent the abuse of certain cyber-surveillance technologies by regimes with a questionable human rights record. Stakeholders are divided over the incorporation of human rights considerations, with the technology industry particularly concerned that it might lose out to non-European competitors. The European Parliament, the Council and the Commission issued a joint statement on the review of the dual-use export control system in 2014 and the European Parliament has since adopted several resolutions related to the issue. Fourth edition. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure. Please note this document has been designed for on-line viewing.

The EU’s Market Access Strategy: does it reach its main goals?

13-12-2017

The EU Market Access Strategy (MAS) and associated Market Access Partnership (MAP) is a EU trade policy operational instrument designed to identify and remove market access restrictions confronting EU firms in third country export markets. Since the 2008 financial crisis, there has been a steady increase in the number of trade restricting measures imposed by EU trading partners. The MAS is a key tool through which the EU seeks to work with third countries to prevent, remove and reduce market access ...

The EU Market Access Strategy (MAS) and associated Market Access Partnership (MAP) is a EU trade policy operational instrument designed to identify and remove market access restrictions confronting EU firms in third country export markets. Since the 2008 financial crisis, there has been a steady increase in the number of trade restricting measures imposed by EU trading partners. The MAS is a key tool through which the EU seeks to work with third countries to prevent, remove and reduce market access barriers. There is broad support for the MAS among stakeholders who are aware of the mechanism and a virtual consensus that greater emphasis should be given by the European Union to identifying and removing barriers to trade and investment in third countries. Two types of challenges confront the MAS and, as a result, its effectiveness. One centres on the identification of protectionist measures and the ability of the EU to induce policy changes by trading partners. The other is to improve awareness among EU exporters of the existence of the MAP and leveraging the tools that are available to address market access restrictions. The European Parliament can contribute to addressing these challenges by engaging with national parliaments and constituencies on the existence and utility of the MAS and in advocating that market access issues be prioritised in the activities of the European Commission. The European Parliament can also play an increased role in helping to achieve the goals of the MAS and support EU exports by raising market access issues when they engage with third country counterparts.

Autor externo

Bernard HOEKMAN, Matteo FIORINI, Roberta IGLIOZZI, Naïs RALAISON and Aydin YLDIRIM.

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).

Futuros eventos

16-10-2019
State of the Union: The view from regions and cities
Outro evento -
EPRS
17-10-2019
What Europe is Thinking: The latest Pew survey of opinion in 14 EU Member States
Outro evento -
EPRS
05-11-2019
The Art and Craft of Political Speech-writing: A conversation with Eric Schnure
Outro evento -
EPRS

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