The new EU framework for the screening of foreign direct investments has officially entered into force on 10 April 2019. The new framework is based on proposal tabled by the European Commission in September 2017 and will be instrumental in safeguarding Europe’s security and public order in relation to foreign direct investments into the Union.
The 21st EU-China Summit took place on 9 April in Brussels, providing a forum for engagement at the highest level and for advancing the relationship as regards the bilateral and multilateral agendas.
On 9th April, the 21st EU-China summit takes place in Brussels, co-hosted by European Commission President Jean-Claude Juncker, High Representative Federica Mogherini, and European Council President Donald Tusk.
Despite being strategically located at the crossroads of Europe and Asia, Central Asia has long been poorly connected: remote, landlocked, cut off from the main population centres of Europe and Asia by empty steppes and rugged mountains. As well as physical barriers, regulatory obstacles and political repression often inhibit the free flow of people, goods, services and ideas. However, in 2013 China announced its Belt and Road Initiative (BRI), one of whose aims is to revive the historic Silk Road trade route connecting Europe to the Far East via Central Asia.
The European Economic and Social Committee (EESC) has adopted at its March plenary session an opinion on the Joint Communication “Connecting Europe and Asia – Building blocks for an EU Strategy”, issued by the European Commission and the EU High Representative in September 2018. The EESC considers it to be a seriously missed opportunity, with many significant strategic gaps, little ambition and no real depth of vision offered as to the development of EU’s relationship and connectivity with Asia.
A new study warns against the impact of economic and political instability on the transatlantic economy. In the context of a cyclical slowdown in global growth, uncertainty is testing the resilience of the world’s largest marketplace. The research was conducted independently by Daniel Hamilton and Joseph Quinlan for the Foreign Policy Institute at Johns Hopkins University’s School of Advanced International Studies and commissioned by the American Chamber of Commerce to the EU (AmCham EU) and the U.S. Chamber of Commerce.
After 20 round of negotiations, several issues are still standing in the way of an agreement as negotiators continue mapping the understandings and concerns of both parties.