EU Member States today agreed to a proposal from the European Commission to make €50 million available to Irish beef farmers, which can be matched by national funds to reach a maximum of €100 million.
The European Commission’s report released today confirms the continuous rise in barriers encountered by European companies in foreign markets. Thanks to the EU’s firm response, 123 such barriers have been eliminated since the beginning of the current Commission mandate, allowing for more than €6 billion extra exports in 2018.
Concerns welded tubes and pipes of iron or non-alloy steel originating in Belarus, Russia and China.
The Dispute Settlement Body (DSB) on 26 April formally adopted a panel ruling clarifying the use of national security exceptions to WTO rules as invoked in the trade dispute between the Russian Federation and Ukraine over transit restrictions. The DSB also heard a number of members’ views on proposed reforms to the dispute settlement process in light of recent dispute cases and continued differences over the appointment of Appellate Body members.
The value of EU agri-food exports in January 2019 increased for the 4th year in a row to reach a new record level of €11.2 billion. Agri-food imports also grew to a record of €10.8 billion, leading to the monthly trade value topping €22 billion, compared to €21 billion in January 2018. These are the main findings from the latest monthly trade report published by the European Commission.