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EU-UK relations in fisheries

25-02-2021

The United Kingdom's decision to leave the European Union has brought significant uncertainty for the fisheries sector. Fisheries, and especially EU fishing rights in UK waters, played a prominent role in the recent negotiations on future EU-UK relations and ultimately became the final obstacle to reaching an agreement, being the very last point to be agreed. The new EU-UK Trade and Cooperation Agreement, settled on 24 December 2020, marks an important milestone in the long history of fisheries relations ...

The United Kingdom's decision to leave the European Union has brought significant uncertainty for the fisheries sector. Fisheries, and especially EU fishing rights in UK waters, played a prominent role in the recent negotiations on future EU-UK relations and ultimately became the final obstacle to reaching an agreement, being the very last point to be agreed. The new EU-UK Trade and Cooperation Agreement, settled on 24 December 2020, marks an important milestone in the long history of fisheries relations in the North-east Atlantic. The agreement maintains full access to waters until 30 June 2026, with part of the EU quota shares gradually transferred to the UK during this period. After 1 July 2026, access to waters will be decided by a process of annual consultations. The quota shares will remain stable at the 2025 level, and can only be changed with the mutual consent of both parties. The Trade and Cooperation Agreement ensures that fisheries and aquaculture products continue to be traded without tariffs, but non-tariff measures associated with the UK leaving the EU common market, such as certification requirements and customs controls, will involve slower and more expensive trade flows.

EU trade policy: Frequently asked questions

15-10-2019

This paper seeks to serve as a key resource for policy-makers who need to understand complex issues related to international trade quickly. It also outlines the key academic debates and issues, and provides references to further resources that could offer useful support to the work of policy-makers in the European Parliament. It seeks to provide immediate answers to the most commonly asked questions related to EU trade policy: from the evolution and scope of EU common commercial policy to the role ...

This paper seeks to serve as a key resource for policy-makers who need to understand complex issues related to international trade quickly. It also outlines the key academic debates and issues, and provides references to further resources that could offer useful support to the work of policy-makers in the European Parliament. It seeks to provide immediate answers to the most commonly asked questions related to EU trade policy: from the evolution and scope of EU common commercial policy to the role of different EU institutions and the economics of trade. It includes explanations of key trade concepts. In addition, the paper covers the procedures for the conclusion of international trade agreements, types of trade relationship, and the specific characteristics of EU legal instruments in the area of trade. Lastly, it addresses the issues of trade and sustainable development, which have grown into a key area of concern for Parliament.

International Agreements in Progress: EU-Vietnam Free Trade Agreement

04-10-2018

The free trade agreement (FTA) negotiated in 2015 with Vietnam has been described as the most ambitious deal of its type ever between the EU and a developing country. Not only will it eliminate over 99 % of customs duties on goods, it will also open up Vietnamese services markets to EU companies and strengthen protection of EU investments in the country. According to European Commission figures, the FTA could boost Vietnam's booming economy by as much as 15 % of GDP, with Vietnamese exports to Europe ...

The free trade agreement (FTA) negotiated in 2015 with Vietnam has been described as the most ambitious deal of its type ever between the EU and a developing country. Not only will it eliminate over 99 % of customs duties on goods, it will also open up Vietnamese services markets to EU companies and strengthen protection of EU investments in the country. According to European Commission figures, the FTA could boost Vietnam's booming economy by as much as 15 % of GDP, with Vietnamese exports to Europe growing by over one third. For the EU, the agreement is an important stepping stone to a wider trade deal with south-east Asia. However, Vietnamese manufacturing sectors may suffer from competition with the EU. NGOs and the European Parliament have also criticised the Commission for pursuing closer ties with a politically repressive regime, although the deal includes some safeguards against negative outcomes. Conclusion of the FTA was delayed by a 2017 opinion of the European Court of Justice. The Court ruled that the EU does not have the power to conclude agreements on certain investment-related issues on its own; therefore, the text as it then stood would also have to be ratified by the 28 Member States. To enable at least some parts of the FTA to be ratified more speedily at EU level, in August 2018 the EU and Vietnam agreed to take provisions on investment, for which Member State ratification is required, out of the main agreement and put them in a separate Investment Protection Agreement (IPA). Both the FTA and IPA are currently in translation and are expected to be formally submitted to the Council in late 2018, possibly enabling the FTA to come into force in the second half of 2019. Third 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 614.702, February 2018.

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.

EU-Japan trade deal finalised

14-12-2017

Following the political agreement in principle reached in July 2017, a final accord on the EU-Japan Economic Partnership Agreement (EPA) was announced on 8 December 2017. The Commission aims that the agreement come into effect before the end of its mandate in 2019, after the approval of the Council and the European Parliament. However, negotiations on investment protection standards and investment protection dispute resolution will continue.

Following the political agreement in principle reached in July 2017, a final accord on the EU-Japan Economic Partnership Agreement (EPA) was announced on 8 December 2017. The Commission aims that the agreement come into effect before the end of its mandate in 2019, after the approval of the Council and the European Parliament. However, negotiations on investment protection standards and investment protection dispute resolution will continue.

Understanding non-tariff barriers in the single market

09-10-2017

Despite the achievements of single market integration, many non-tariff barriers (NTBs) persist, preventing realisation of its full economic potential. These arise from laws, technical regulations and practices, and create obstacles for trade. NTBs can be of a general character, such as problems with the implementation and enforcement of EU law at the national level, missing or differing e-government solutions, or complex VAT requirements in intra-EU trade. NTBs can also be sector-specific and concern ...

Despite the achievements of single market integration, many non-tariff barriers (NTBs) persist, preventing realisation of its full economic potential. These arise from laws, technical regulations and practices, and create obstacles for trade. NTBs can be of a general character, such as problems with the implementation and enforcement of EU law at the national level, missing or differing e-government solutions, or complex VAT requirements in intra-EU trade. NTBs can also be sector-specific and concern only specific markets for goods, services or retail. Accordingly, the EU is tackling NTBs with a mix of general and sectoral initiatives, often cutting across various policy areas. The Juncker Commission, now at the mid-term of its mandate, made deepening the single market one of its main priorities. The Commission's single market and digital single market strategies address many NTBs. However, greater Member State involvement, stronger monitoring, and increased political emphasis on the single market are likely to be needed to remove the barriers and deepen single market integration. NTBs are also increasingly mentioned in the context of debates on the United Kingdom's withdrawal from the European Union. The impacts of Brexit on the single market and NTBs are as yet unclear, but early analysis points to the likelihood of legal uncertainty and the need to address a multitude of often challenging issues.

Non-tariff barriers in the Single Market

23-05-2016

The Single Market was launched more than 20 years ago, yet a considerable number of non-tariff barriers (NTBs) still exist, despite the fact that this should no longer be the case. NTBs come in many, often disguised, forms and substantially reduce the benefits of the Single Market.

The Single Market was launched more than 20 years ago, yet a considerable number of non-tariff barriers (NTBs) still exist, despite the fact that this should no longer be the case. NTBs come in many, often disguised, forms and substantially reduce the benefits of the Single Market.

Reducing Costs and Barriers for Businesses in the Single Market

11-04-2016

The study points that reducing business costs and regulatory and market barriers is necessary to complete the Single Market. However, monitoring of barriers and costs in the EU is piecemeal and unsystematic, quantification and clear identification of barriers and costs is lacking, which makes prioritisation of policy actions difficult. Resulting costs of slow reform process and vague initiatives with uncertain time horizons in the area of e-commerce alone amount to €748 billion. As indicated by examples ...

The study points that reducing business costs and regulatory and market barriers is necessary to complete the Single Market. However, monitoring of barriers and costs in the EU is piecemeal and unsystematic, quantification and clear identification of barriers and costs is lacking, which makes prioritisation of policy actions difficult. Resulting costs of slow reform process and vague initiatives with uncertain time horizons in the area of e-commerce alone amount to €748 billion. As indicated by examples of Estonia and South Korea, ICT and e-government can be particularly efficient in reducing these costs and barriers. The study was prepared for Policy Department A at the request of the Internal Market and Consumer Protection Committee.

Ulkopuolinen laatija

Moritz Immanuel GODEL, Annette HARMS, Siôn JONES and Iris MANTOVANI (LE Europe)

TTIP Textiles and Labelling - Study in Focus

16-11-2015

The study TTIP: Opportunities and Challenges in the Area of Textiles and Labelling looks at the textiles and clothing sector. Relatively high tariffs remain in textiles and clothing and the study considers the opportunities and challenges of reducing these as well as simplifying the complex rules of origin that have been used in the sector. It also analyses the important non-tariff barriers in the sector, such as those concerning labelling and consumer safety. This is a short overview of this ...

The study TTIP: Opportunities and Challenges in the Area of Textiles and Labelling looks at the textiles and clothing sector. Relatively high tariffs remain in textiles and clothing and the study considers the opportunities and challenges of reducing these as well as simplifying the complex rules of origin that have been used in the sector. It also analyses the important non-tariff barriers in the sector, such as those concerning labelling and consumer safety. This is a short overview of this study. Link to the original document: http://www.europarl.europa.eu/RegData/etudes/IDAN/2015/563440/IPOL_IDA(2015)563440_EN.pdf

TTIP: Motor Vehicles - Study in Focus

16-11-2015

The study TTIP: Motor Vehicles analyses the main challenges and opportunities concerning trade with motor vehicles and parts which should be considered during the negotiation between the EU and the US. The first part offers an overview of the effects of two recently concluded free trade agreements (FTA), the EU-Korea FTA and the FTA with Canada. In the second part the focus turns to the EU-US trade barriers and the potential for regulatory cooperation in the automotive industry. This is a short overview ...

The study TTIP: Motor Vehicles analyses the main challenges and opportunities concerning trade with motor vehicles and parts which should be considered during the negotiation between the EU and the US. The first part offers an overview of the effects of two recently concluded free trade agreements (FTA), the EU-Korea FTA and the FTA with Canada. In the second part the focus turns to the EU-US trade barriers and the potential for regulatory cooperation in the automotive industry. This is a short overview of this study. Link to the original document: http://www.europarl.europa.eu/RegData/etudes/STUD/2015/542234/IPOL_STU(2015)542234_EN.pdf

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