“The 20th Summit between the European Union and the People’s Republic of China held today in Beijing has underlined that this partnership has reached a new level of importance for our own citizens, for our respective neighbouring regions and for the international community more broadly.”
The annual report on Trade and Investment Barriers, released today, shows that the European Commission has eliminated the highest number ever of trade barriers faced by EU companies doing business abroad. European exporters reported a major increase in protectionism in 2017.
Intellectual property crime is extensive in the EU and continues to represent a cause for concern. Criminal activity in this area can cause harm to the health and safety of EU citizens, as well as the environment. It also affects national economies, contributing to reduced revenues for the affected businesses, decreased sales volume and job losses.