A summary of the exchange of views with Emil Karanikolov, Bulgarian Minister of Economy, representing the President-in-Office of the Council, is available.
Two Bulgarian ministers – Mr Emil Karanikolov, Minister for the Economy, and Ms Monika Panayotova, Deputy Minister for the Bulgarian Presidency of the Council of the EU –presented today the Presidency priorities in their areas of responsibility before two committees of the European parliament – International Trade (INTA) and Constitutional Affairs (AFCO).
The USA is the main EU partner for international trade in services. In 2016, it accounted for 26% of the EU total exports and 31% of EU imports of services.
Update: the meeting report is now available.
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.
Following the political agreement in principle reached in July 2017, a final accord on the EU-Japan Economic Partnership Agreement (EPA) was announced on 8 December 2017. The Commission aims that the agreement come into effect before the end of its mandate in 2019, after the approval of the Council and the European Parliament. However, negotiations on investment protection standards and investment protection dispute resolution will continue.
Today, the European Parliament adopted for the first time and by a very large majority a digital trade strategy. Its Members, representing all political groups apart from the extremes, call for international trade rules to deliver tangible benefits for consumers, to dismantle the digital obstacles faced by European companies in third countries and to promote worldwide respect for fundamental rights. To this end, they ask for the inclusion in the EU’s trade agreements of rock-solid provisions in line with EU law, in particular on personal data protection, forced data localisation, net neutrality, roaming and intellectual property.
Globalisation, which can be defined as an increasingly integrated world economy, includes movements of goods, services, people, capital and technology. It has an impact on businesses, governments and citizens, as globalised trade and investment notably changes our consumption and production patterns, triggers the transformation of labour markets, supports technology transfer as well as industrial restructuring. Statistics can help to better understand how significant these impacts are. This is precisely the aim of the brand new publication ”Globalisation patterns in EU trade and investment”, issued today by Eurostat, the statistical office of the European Union.