With a slightly higher share for import
The agenda includes items related to energy & climate, environment, digital, trade and transport policy.
The purpose of the meeting is to debrief civil society organisations on the status of the EU-Indonesia trade negotiations and to exchange views on the topic.
Vote results and texts adopted will be added when available.
€3.1 bn surplus for EU28
Since 2014, trade between the EU and Russia has slumped due to the difficult context (an economic downturn in Russia, EU sanctions over Ukraine and Russian counter-sanctions, and long-standing trade barriers), but remains substantial. Trade started to recover in early 2017.
The EU is currently reshaping its relationship with Armenia and Azerbaijan through new agreements for which the negotiations ended (Armenia) or started (Azerbaijan) in February 2017. After Yerevan’s decision to join the EAEU (thereby renouncing to sign an AA/DCFTA), the initialling of the CEPA provides a new impetus to EU-Armenia relations. It highlights Armenia’s lingering interest in developing closer ties with the EU and provides a vivid illustration of the EU’s readiness to respond to EaP countries’ specific needs and circumstances. The CEPA is also a clear indication that the EU has not engaged in a zero-sum game with Russia and is willing to exploit any opportunity to further its links with EaP countries. The launch of negotiations on a new EU-Azerbaijan agreement – in spite of serious political and human rights problems in the country – results from several intertwined factors, including the EU’s energy security needs and Baku’s increasing bargaining power. At this stage, Azerbaijan is interested only in forms of cooperation that are not challenging the political status quo. However, the decline in both world oil prices and domestic oil production in this country is creating bargaining opportunities for the EU in what promises to be a difficult negotiation.
The EU, US and Canada share the values of democracy, human rights, and economic and political freedom, and overlapping foreign policy and security concerns. The EU-Canada Comprehensive Economic and Trade Agreement and the Strategic Partnership Agreement were signed on 30 October 2016 and received the European Parliament’s consent on 15 February 2017. Negotiations on an EU-US Transatlantic Trade and Investment Partnership, launched on 8 July 2013, have been halted since US President Donald Trump was elected.
The fifth negotiating round between the European Union and Mercosur since the resumption of formal talks in October last year was held from 6 to 10 November in Brasilia. This round follows on from the round from 2 to 6 October, also held in Brasilia. Mercosur is the trade grouping which in these negotiations includes Argentina, Brazil, Paraguay and Uruguay.
A first round of negotiations between the EU and Chile for a modernised Association Agreement will take place on 16 November, in Brussels. This follows the decision taken today by EU Member States to approve the mandate for the European Union to conduct these negotiations.