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Scarcity of medical equipment during the COVID-19 crisis, and the ensuing discussion on ‘reshoring’ certain industries back to Europe, have brought back an old dilemma. Namely, countries wish to be strategically independent while depending on products and resources from other countries to fulfil their economic needs. This reflects the debate about whether markets or governments are better at delivering solutions. We can also define this debate as a choice between ‘competitive capitalism’ and ‘strategic ...

The Commission Executive Vice-President/Commissioner-designate, Valdis Dombrovskis, appeared before the European Parliament on 02 October 2020 to answer questions put by MEPs from the Committee on International Trade, in association with the Committees on Foreign Affairs, on Economic and Monetary Affairs, on Development and on Budgets. During the hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his portfolio as Trade Commissioner, as described ...

In 2020, the European Free Trade Association (EFTA) celebrates its 60th anniversary. During this respectable lifetime, its composition has frequently changed, starting with seven founding members in 1960 and having four today. EFTA has turned out to be an ‘antechamber’ for the EU, as well as a distinct organisation with its own purpose. Since the foundation of the European Economic Area (EEA) in 1992, EFTA states Norway, Iceland and Liechtenstein have joined this area, whereas Switzerland has chosen ...

The Commissioner-designate, Phil Hogan, appeared before the European Parliament on 30 September 2019 to answer questions from MEPs in the Committee on International Trade (INTA). During the hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his portfolio, as described in the mission letter sent to him by Ursula von der Leyen, President-elect of the European Commission, including: - A level playing field for all; - Strengthening Europe’s global ...

This study analyses the Eastern Partnership (EaP) in the year of its 10th anniversary. The Eastern Partnership was set up in 2009 as a joint policy initiative aiming at deepening and strengthening relations between the European Union, its Member States and the six EaP countries of Belarus, Ukraine, Moldova, Georgia, Armenia and Azerbaijan. While each of these countries shares a past in the former Soviet Union, they have developed over time in different directions. Ukraine, Moldova and Georgia have ...

The European Union (EU) is the biggest integrated economic zone and a guarantor of an open and predictable regulatory system able to determine its own economic destiny. But the behaviour of other global powers is increasingly calling this ability into question. China and the United States, especially, do not separate economic interests from geopolitical interests in the same way the EU does and are increasingly trying to gain geopolitical advantage using their economic might. The EU is known as ...

Upon request of the Euronest parliamentary assembly economic committee, investment patterns and policies in the EU and Eastern Partnership countries were compared. The EU is an investment heavyweight, both in terms of attracting as placing foreign direct investment. Many EU Member States protect their investment abroad and some have screening mechanisms for incoming investment. The Eastern Partnership countries are minor investors themselves, but keep attracting a slowly growing level of foreign ...

EU har gennem årene bevæget sig væk fra fremstilling af arbejdskraftintensive produkter af lav værdi for at specialisere sig i mærkevarer af højere værdi. Med dets åbne økonomi er handel af afgørende betydning for EU. For at overvinde handelshindringer og skabe lige konkurrencevilkår for sine virksomheder har Unionen indledt forhandlinger om indgåelse af en række frihandelsaftaler. EU er også en af stifterne af og en hovedaktør i Verdenshandelsorganisationen (WTO).

EU's udviklingspolitik fremhæver betydningen af handel og fokuserer på de lande, der har størst behov. Arrangementet med generelle toldpræferencer giver visse varer fra udviklingslandene præferenceadgang til EU's marked. Økonomiske partnerskabsaftaler sikrer landene i Afrika, Vestindien og Stillehavet præferentiel handelsmæssig behandling, mens »Alt undtagen våben«-ordningen gælder for de mindst udviklede lande. Disse ordninger er i overensstemmelse med Verdenshandelsorganisationens regler.

Free and fair trade for all?

Indgående analyse 21-11-2017

With its strategy paper entitled ‘Trade for all’ in 2015, the Commission launched an EU trade policy that focussed on values such as human rights, workers’ rights, environmental protection and sustainable development. The idea was that free trade should be fair for both consumers in Europe and for citizens elsewhere. This approach was pursued in bilateral trade negotiations and in legislative proposals on, for example, conflict minerals, dual-use goods or the investment court system. But by the end ...