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The Covid-19 pandemic contributed to the continuous slowdown of China's economy, from two-digit growth rates witnessed in the past to a 'new normal' growth rate of 'only' 5.7% on average under the current five-year plan (2016-2020). To what extent does this slowdown affect China's public finances and other macroeconomic indicators? How has EU trade with China developed during the last decade? How important is the EU for China in terms of trade? And what about China's trade relevance for the EU? Has ...

US: Economic indicators and trade with EU

Ve stručnosti 11-06-2021

The US-EU trading relationship is one of the biggest in the world, even though the overall value of traded goods dropped in 2020 in the pandemic. The EU and US economies account for about half the entire world's GDP, and for nearly a third of world trade flows. The European Commission reported in 2016 that over 10 million European jobs depend on exports to the USA. This Infographic provides you with essential data on trade between the EU and US. This is a further updated edition of an infographic ...

At the beginning of the century, the EU and India were growing exactly at the same path: how about today? Who is the main trade partner of India: China or the EU? And would you ever think that the EU exports to India pearls and precious stones more than optical instruments? And how much is it easy to do business in New Delhi? Find the answers to these and many more questions in our EPRS publication on ‘India: Economic indicators and trade with EU’, part of a series of infographics produced in collaboration ...

Living in the EU: Circular economy

Ve stručnosti 16-03-2021

Circular economy is a production and consumption model that involves reusing, repairing, refurbishing and recycling existing materials and products to keep materials within the economy. It implies that waste becomes a resource, consequently minimising the actual amount of waste. The circular model is generally the antithesis of a traditional, linear economic model, which is based on a 'take-make-consume-throw away' pattern. This paper looks at the job creation potential and added value produced by ...

European business statistics

Briefing 27-09-2017

This note seeks to provide an initial analysis of the strengths and weaknesses of the European Commission's Impact Assessment (IA) accompanying the above proposal submitted on 6 March 2017 and referred to Parliament’s Committee on Industry, Research, and Energy (ITRE). The proposal aims to reduce the administrative burden for business, in particular SMEs, by eliminating the fragmentation of the European business statistics legislation and repealing 10 different legal acts in this field. This concerns ...

This report summarises empirical facts about the economic impact of the EU sanctions against Russia and the Russian countersanctions, both implemented in the summer of 2014. The observed decline in trade volumes between the EU and Russia is not only due to the sanctions, but also other economic factors, such as the downturn of the Russian economy, largely caused by the falling oil price and the ensuing ruble depreciation. Furthermore, empirical evidence suggests that European and Russian companies ...

Evropská unie a její obchodní partneři

Fakta a čísla o EU 01-09-2017

EU začala již před několika lety upouštět od výroby produktů s vysokým podílem lidské práce a s nízkou hodnotou, aby se mohla specializovat na značkové zboží vyšší hodnoty. Obchod je pro EU a její otevřenou ekonomiku zásadní. Aby překonala překážky bránící obchodu a nastolila pro své podniky rovné podmínky, jedná o řadě dohod o volném obchodu. Je rovněž zakladatelkou Světové obchodní organizace (WTO), v níž zastává klíčovou úlohu.

EU-South Korea free trade agreement

Ve stručnosti 10-05-2017

The EU-South Korea free trade agreement (FTA), applied since July 2011, entered into force in December 2015. The agreement has successfully boosted EU-Korea trade exchange. The European Parliament is due to adopt a report on the five years of the FTA's implementation in May 2017.

The wildlife trade is one of the most lucrative trades in the world. The legal trade into the EU alone is worth EUR 100 billion annually, while the global illegal wildlife trade is estimated to be worth between EUR 8 and 20 billion annually. The trade is highly complex and its legal and illegal forms are often connected. The illegal wildlife trade cannot be tackled via the use of trade policy alone; instead trade instruments need to be used in conjunction with broader means of addressing the wide ...

Amid an intense public debate on Transatlantic Trade and Investment Partnership (TTIP) talks, this Infographic provides you with essential data on trade between the world's 2 largest economies. This product was jointly produced by EPRS and the European University Institute as part of the GlobalStat Project.