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The level playing-field (LPF) provisions of the Trade and Cooperation Agreement (TCA) between the European Union (EU) and the United Kingdom (UK) constitute a key part of the agreement, and are the product of some of the more challenging issues in the negotiations. The LPF provisions seek to safeguard fair competition between the parties. A notable component are the rules on social provisions, labour, environment and climate change, often referred to as the 'trade and sustainable development' (TSD ...

As part of the budget framework for the 2021-2027 period, the European Union has adopted new rules on funding dedicated to the Common Fisheries Policy and the Integrated Maritime Policy. Based on a Commission proposal of June 2018, Parliament adopted its first reading position in April 2019. After lengthy interinstitutional negotiations, started after the 2019 elections, political agreement was reached on 4 December 2020. Compared to the previous period, the new fund gives Member States more flexibility ...

In the context of the Commission's proposal for a multiannual financial framework (MFF) for the 2021-2027 period, on 14 June 2018 the Commission published a proposal for a regulation establishing the Neighbourhood, Development and International Cooperation Instrument. Council and Parliament agreed in trilogue negotiations, which ended in March 2021, that Parliament would have an enhanced role in defining the main strategic choices of the instrument, through a delegated act and twice-yearly geopolitical ...

Connecting Europe Facility and 'smart TEN T'

Mad-Daqqa t''Għajn 01-07-2021

To ensure efficient, modern and sustainable connections, the EU is developing trans-European networks in the areas of transport, digital and energy. In June 2018, the European Commission proposed to renew the main EU programme financing infrastructure, the Connecting Europe Facility (CEF), to speed up investment in key network projects. In parallel, the Commission proposed a mechanism to facilitate the permit-granting processes in the area of transport ('smart TEN-T'). The European Parliament is ...

During its July plenary session, Parliament is set to discuss the Committee on Budgetary Control's report on the control of the European Investment Bank's financial activities in 2019. The report highlights the role of the Bank in financing the European Green Deal, and its gradual shift towards being 'the EU Climate Bank'. It also looks into the implementation of the European Fund for Strategic Investments (EFSI) and the Bank's external operations, among other things. As last year, the report strongly ...

European Maritime, Fisheries and Aquaculture Fund

Mad-Daqqa t''Għajn 01-07-2021

During the July plenary session, Parliament is due to vote at second reading on the text agreed with Council on the 2021 2027 European Maritime, Fisheries and Aquaculture Fund (EMFAF). With a budget of about €6 billion, it is the main financial tool in support of the common fisheries policy. Compared with the Commission proposal, the co legislators have extended fleet aid to vessels from 12 to 24 metres in length, but under strict conditions.

The EU supports the development of high-performing, sustainable and interconnected trans-European networks in the areas of transport, energy and digital infrastructure. It set up the Connecting Europe Facility (CEF) as a dedicated financing instrument for the 2014-2020 period, to channel EU funding into the development of infrastructure networks, help eliminate market failures and attract further investment from the public and private sectors. Following a mid-term evaluation, the European Commission ...

This briefing presents detail on the current Multiannual Financial Framework (MFF) 2021-2027 that marks a turning point, in that it brings together all the EU’s different funds for development cooperation in a single instrument, in order to ensure consistency between different fields of external action.

Africa, a continent of strategic importance for the EU, has been in the spotlight of EU attention in recent years for a variety of reasons. In 2020, the Cotonou Agreement, which had governed EU-sub-Saharan Africa relations since 2000, was set to expire. The European Commission and EU High Representative adopted a joint communication in 2020, charting the way towards a new strategy for Africa. However, the sixth EU African Union Summit, planned for the end of 2020, was postponed due to the global ...

Trade policy for the Biodiversity Strategy 2030

Mad-Daqqa t''Għajn 03-06-2021

International trade influences biodiversity through scale, composition and technique effects. Land and sea use change alter natural habitats, while emissions from production and transportation contribute to climate change. Among exports, animal-based agri-food products are particularly land-intensive. Trade policy can play a role in tackling these problems through stronger enforcement of biodiversity-related provisions in trade agreements. The EU Biodiversity Strategy 2030 commits to better assessing ...