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Priority dossiers under the Romanian EU Council Presidency

07-12-2018

Romania will hold the EU Council Presidency from January to July 2019. Its Presidency comes at the end of the European Parliament’s current legislative term, with European elections taking place on 23-26 May 2019. This is the first time that Romania holds the EU Council Presidency since joining the European Union on 1 January 2007. Romania has a bicameral legislature. The Parliament consists of the Senate (the upper house) having 137 seats and the Chamber of Deputies (the lower house) with 332 seats ...

Romania will hold the EU Council Presidency from January to July 2019. Its Presidency comes at the end of the European Parliament’s current legislative term, with European elections taking place on 23-26 May 2019. This is the first time that Romania holds the EU Council Presidency since joining the European Union on 1 January 2007. Romania has a bicameral legislature. The Parliament consists of the Senate (the upper house) having 137 seats and the Chamber of Deputies (the lower house) with 332 seats. The members of both houses are elected by direct, popular vote on the basis of proportional representation to serve four-year terms. The executive branch of the Government is directly or indirectly dependent on the support of the parliament, often expressed through a vote of confidence. The Social Democratic Party (PSD) heads the current governmental alliance with the centre-right Liberal-Democrat Alliance (ALDE). Romania is a semi-presidential republic, with Klaus Iohannis as President in office since November 2014, and the current Prime Minister, Viorica Dancila (PSD), in office since January 2018.

The EU - Japan Economic Partnership Agreement

28-09-2018

This report independently assesses the EU-Japan Economic Partnership Agreement. We find that the EPA establishes an ambitious framework to further liberalise and better organise trade, covering goods, services, intellectual property and investment, tariff- and non-tariff measures, and regulatory cooperation. Given its depth and breadth, and that it is unprecedented in including provisions on corporate governance, SMEs, and climate change, the EPA is set to become a benchmark for future trade agreements ...

This report independently assesses the EU-Japan Economic Partnership Agreement. We find that the EPA establishes an ambitious framework to further liberalise and better organise trade, covering goods, services, intellectual property and investment, tariff- and non-tariff measures, and regulatory cooperation. Given its depth and breadth, and that it is unprecedented in including provisions on corporate governance, SMEs, and climate change, the EPA is set to become a benchmark for future trade agreements. Joining two open economies with high income levels and regulatory standards, the agreement is expected to generate benefits by boosting trade within sectors, minimising sectoral relocation and negative employment effects. Agri-food, textiles and leather products are where the EU can expect to make the greatest gains. Furthermore, the EPA will boost the EU’s economic presence and political relevance in the Asia-Pacific area. Going beyond its economic benefits, the agreement also has significant non-economic implications. Reinforced cooperation will enhance the ability of both parties to shape the course of global developments in a manner that better reflects their shared interests and values, such as their commitment to a rule-based global trade system and the fight against global warming.

Parlamendiväline autor

Sonali CHOWDHRY, Marie Curie Visiting Fellow; André SAPIR, Senior Fellow; Alessio TERZI, Affiliate Fellow

Trade agreement between the European Union and Colombia and Peru

07-08-2018

This European Implementation Assessment consists of two parts. The in-house opening analysis (part I) presents briefly the signature of the trade agreement between the EU and Colombia and Peru. It also presents the socio-economic situation in Colombia and Peru and the relations between the EU and Colombia and Peru as well as the relations between the EU and Andean Community. The research paper prepared by external experts (part II) presents detail analysis of trade in goods and services and foreign ...

This European Implementation Assessment consists of two parts. The in-house opening analysis (part I) presents briefly the signature of the trade agreement between the EU and Colombia and Peru. It also presents the socio-economic situation in Colombia and Peru and the relations between the EU and Colombia and Peru as well as the relations between the EU and Andean Community. The research paper prepared by external experts (part II) presents detail analysis of trade in goods and services and foreign direct investments. The paper also evaluated in detail the implementation of the trade and sustainable development chapter of the agreement in both Colombia and Peru. They are followed by the presentation of the international cooperation of Colombia and Peru. Finally, the paper provides recommendation for the improvement of the implementation of the trade agreement.

The future of sustainable development chapters in EU free trade agreements

23-07-2018

Sustainable development is an important part of the EU trade policy since it gets on meeting the needs of the present whilst ensuring future generations can meet their own needs. All EU FTAs include a Trade and Sustainable Development (TSD) chapter, which seeks to ensure that partners follow international requirements in the three pillars that compose sustainable development: economic, environmental and social. The adoption of the UN Agenda 2030 in 2015, which sets 17 Sustainable Development Goals ...

Sustainable development is an important part of the EU trade policy since it gets on meeting the needs of the present whilst ensuring future generations can meet their own needs. All EU FTAs include a Trade and Sustainable Development (TSD) chapter, which seeks to ensure that partners follow international requirements in the three pillars that compose sustainable development: economic, environmental and social. The adoption of the UN Agenda 2030 in 2015, which sets 17 Sustainable Development Goals and 169 targets, and the 2015 Paris agreement on climate change, have pushed the Commission to review its TSD chapter and to table a new proposal, identifying 15 action points drawn from the large debate with member states, the European Parliament as well as the civil society launched eight months before. In order to feed the forthcoming debates within the European Union institutions, academic experts in the three dimensions of the sustainable development as well as representatives of the European Union institutions have been invited to the workshop to share their views, not only on the binding aspect of TSD provisions, but also on how various European Union policies can be worked together to achieve the best results.

Parlamendiväline autor

Mr Damian RAESS Ms Evita SCHMIEG Mr Tancrède VOITURIEZ

International Agreements in Progress - EU-Japan trade agreement: a driver for closer cooperation beyond trade

09-07-2018

Negotiations on an EU-Japan trade agreement were officially launched in March 2013. Following the political agreement in principle reached in July 2017, a final accord on the EU-Japan Economic Partnership Agreement (EPA) was announced in December 2017. On 18 April 2018, the European Commission proposed to the Council of the European Union to sign and conclude the agreement. The Commission expects that the EU-Japan EPA can be signed in July 2018, and aims to have the agreement come into effect before ...

Negotiations on an EU-Japan trade agreement were officially launched in March 2013. Following the political agreement in principle reached in July 2017, a final accord on the EU-Japan Economic Partnership Agreement (EPA) was announced in December 2017. On 18 April 2018, the European Commission proposed to the Council of the European Union to sign and conclude the agreement. The Commission expects that the EU-Japan EPA can be signed in July 2018, and aims to have the agreement come into effect before the end of its mandate in 2019, following approval by the Council and the European Parliament. The EU-Japan EPA will establish a free trade area with a combined market of around 640 million consumers that accounts for roughly a third of the world's gross domestic product (GDP). The 2016 Trade Sustainability Impact Assessment (Trade SIA) of the agreement indicated that EU exports to Japan could rise by up to 34 %, and according to a more recent Commission estimate, European companies would save up to €1 billion in customs duties per year as a result of the EU-Japan EPA. In addition to exploiting the untapped potential of bilateral trade, the agreement is also of strategic importance, conveying a strong message of the parties' commitment to promoting a free and fair trading system based on rules, and to reject trade protectionism. [Second] edition. The 'International Agreements in Progress' briefings are updated at key stages throughout the process, from initial discussions through to ratification. To view earlier editions of this briefing, please see: PE 589.828, 7 october 2016.

The Institutional Consequences of a ‘Bespoke’ Agreement with the UK based on a ‘Distant’ Cooperation Model

04-07-2018

TThis in-depth analysis, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, examines the impact for the European Union’s legal system and institutions of a “bespoke” agreement based on a “distant” cooperation model (with the EU/Ukraine and the EU/Canada agreements as main illustrations). The analysis of these agreements’ main characteristics reveals that even “distant” cooperation already has quite impressive ...

TThis in-depth analysis, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, examines the impact for the European Union’s legal system and institutions of a “bespoke” agreement based on a “distant” cooperation model (with the EU/Ukraine and the EU/Canada agreements as main illustrations). The analysis of these agreements’ main characteristics reveals that even “distant” cooperation already has quite impressive consequences. These should be better taken into consideration in the present Brexit negotiation.

Parlamendiväline autor

Franklin DEHOUSSE, Professor of International Economic Law, University of Liège

THE INSTITUTIONAL CONSEQUENCES OF A BESPOKE AGREEMENT WITH THE UK BASED ON A “CLOSE COOPERATION” MODEL

15-05-2018

This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, considers the governance and institutional aspects of a potential agreement on the future economic relationship between the Union and the UK based on a “close cooperation” model. “Close cooperation” agreements involve a strong ambition for economic integration, based in practice upon a high degree of alignment by the third country to the relevant ...

This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, considers the governance and institutional aspects of a potential agreement on the future economic relationship between the Union and the UK based on a “close cooperation” model. “Close cooperation” agreements involve a strong ambition for economic integration, based in practice upon a high degree of alignment by the third country to the relevant Union acquis. Although the UK’s circumstances may well be unique, there are few grounds to believe that the formal terms for a Union-UK “close cooperation” agreement should be radically different from the experience gained and lessons learned from comparable relationships between the Union and other third countries. The special situation of the UK would be more likely to manifest itself empirically, through the practical operation and tangible outputs of the governance and institutional structures and processes established under any “close cooperation” agreement.

Parlamendiväline autor

Michael DOUGAN, University of Liverpool

Research for AGRI Committee - Agricultural trade: assessing reciprocity of standards

15-05-2018

The aim of this study is to provide an assessment of the application of the reciprocity principle in EU agri-food trade at global level. The report provides substantial evidence for progresses occurring at worldwide level in regulatory rapprochement. Scientific cooperation, collaboration between risk assessment bodies, harmonization of control procedures and early warning systems for emerging hazards can facilitate progress in this direction, reducing transaction costs and information asymmetries ...

The aim of this study is to provide an assessment of the application of the reciprocity principle in EU agri-food trade at global level. The report provides substantial evidence for progresses occurring at worldwide level in regulatory rapprochement. Scientific cooperation, collaboration between risk assessment bodies, harmonization of control procedures and early warning systems for emerging hazards can facilitate progress in this direction, reducing transaction costs and information asymmetries in agri-food trade.

Parlamendiväline autor

A. Zezza, F. De Maria, M. R. Pupo D’Andrea, J. Swinnen, G. Meloni, S. Vandevelde, A. Olper, D. Curzi, V. Raimondi, S. Droguè

Euroopa Liit ja Maailma Kaubandusorganisatsioon

01-05-2018

Maailma Kaubandusorganisatsioon (WTO) püüab kindlustada kindlatel reeglitel põhinevat rahvusvahelist kaubandussüsteemi. Hoolimata kaubandusläbirääkimiste takerdumisest kaalutakse võimalusi WTO eeskirjade kaasajastamiseks ja uute ülemaailmsete probleemide lahendamiseks. 2017. aasta veebruaris jõustunud kaubanduse lihtsustamise lepinguga WTO kaubandusreeglid uuenesid. Vastavalt Lissaboni lepingule on Euroopa Parlament koos Euroopa Liidu Nõukoguga seadusandja, kellel on rahvusvahelises kaubanduspoliitikas ...

Maailma Kaubandusorganisatsioon (WTO) püüab kindlustada kindlatel reeglitel põhinevat rahvusvahelist kaubandussüsteemi. Hoolimata kaubandusläbirääkimiste takerdumisest kaalutakse võimalusi WTO eeskirjade kaasajastamiseks ja uute ülemaailmsete probleemide lahendamiseks. 2017. aasta veebruaris jõustunud kaubanduse lihtsustamise lepinguga WTO kaubandusreeglid uuenesid. Vastavalt Lissaboni lepingule on Euroopa Parlament koos Euroopa Liidu Nõukoguga seadusandja, kellel on rahvusvahelises kaubanduspoliitikas oluline kontrolliv roll.

Workshop "Anti-corruption provisions in EU free trade and investment agreements: Delivering on clean trade"

28-03-2018

International trade agreements have the potential to help breaking the vicious circle of corruption in economies based on privileged connections rather than fair competition. They increase competition in the removal of tariffs and so diminish the power of rentier companies which influence domestic regulation in their favour. They also contribute to a fairer business environment through their transparency provisions. Trade openness, red tape reduction and fiscal transparency, especially transparency ...

International trade agreements have the potential to help breaking the vicious circle of corruption in economies based on privileged connections rather than fair competition. They increase competition in the removal of tariffs and so diminish the power of rentier companies which influence domestic regulation in their favour. They also contribute to a fairer business environment through their transparency provisions. Trade openness, red tape reduction and fiscal transparency, especially transparency of procurement, play positive roles in widening control of corruption. They can be more easily influenced by external actors than the other important control of corruption factors: judicial independence, freedom of the press or the demand from civil society for good governance. This study ordered by the INTA Committee argues that indirect good governance policies which increase competition and subvert power and economic monopolies or quasi monopolies are far more effective than direct anticorruption policies, which in relying on domestic implementation tend to fall into the vicious circle again. The study presents options characterised as an ‘economist’s approach’ with an apparently more modest but effective good governance package, a ‘lawyer’s’ approach’ with firm anticorruption language but unenforceable provisions even in EU countries (on bribery, for instance), and a ‘holistic’ approach where the EU would coordinate across international trade, promotion of norms and development aid. The three options may be used alternatively, depending on the degree of development and quality of governance of the trading partner. The study was presented at a workshop of the INTA committee on 24 January 2018.

Parlamendiväline autor

Alina MUNGIU-PIPPIDI

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