Tag: European Union

• Friday, February 18th 2011 - 04:55 UTC

  EU/Korea trade agreement effective next July; eliminates 98% of barriers

  

  Having pushed through a strong safeguard clause to protect European industry and received guarantees from Seoul that the new Korean legislation on car CO2 emission limits would not be detrimental to European car makers, the Parliament on gave its consent to the most ambitious trade agreement the EU has ever negotiated.

• Tuesday, February 15th 2011 - 19:26 UTC

  France warns it wants EU/Mercosur farmers subject to the same “strict” rules

  

  France warned Tuesday that it is following closely European Union/Mercosur trade talks to ensure that farmers from both blocks are strictly subjected to the same rules.

• Tuesday, February 8th 2011 - 20:00 UTC

  US, China and EU recognize and welcome the new nation of South Sudan

  

  United States, China and the European Union announced they would recognize south Sudan as the world’s newest nation. President Barack Obama went further and rewarded north Sudan for its cooperation by taking it off a terrorism blacklist.

• Wednesday, January 26th 2011 - 17:17 UTC

  Davos Economic Forum Gets Underway, Adjusting to “New Reality”

  

  Adjusting to the “new reality,” was top of the agenda at the World Economic Forum on Tuesday. Some 2,500 business leaders, politicians and social activists are looking forward, while trying to anticipate unexpected shocks, it was reported.

• Thursday, January 6th 2011 - 11:07 UTC

  Barroso warns Europe of a tough “painful” year ahead

  

  The year 2011 will be economically challenging and painful, European Commission President Jose Manuel Barroso warned this week. After two years of economic recession, Barroso expects a difficult year ahead and underlined the need for Europe to make progress on economic governance and policy coordination.

• Tuesday, December 21st 2010 - 19:34 UTC

  Brazilian exports set to increase 12% in 2011 reaching 220 billion US dollars

  

  Following the 30% expansion in 2010, Brazilian exports are forecasted to grow 12%, in 2011 according to Foreign Trade Secretary Weber Barral. He added that in 2010 the recovery was quite strong compared to the downturn of 2009, but in 2011 global trade growth rate is expected to slow down.

• Saturday, December 18th 2010 - 09:02 UTC

  UK, France, Germany join forces to freeze EU budget until end of the decade

  

  British Prime Minister David Cameron has joined forces with France and Germany to demand a real-terms freeze in the European Union budget until the end of the decade.

• Friday, December 17th 2010 - 23:12 UTC

  Paraguayan president confirms Mercosur/EU trade agreement is top of the agenda

  

  Conditions are ready to reach in the short term a trade agreement with the European Union, said Paraguayan president Fernando Lugo whose country, and for the next six months, holds the pro tempore chair of the South American block.

• Wednesday, December 8th 2010 - 16:27 UTC

  Mercosur/EU trade negotiations on track for Brussels meeting in March

  

  Trade negotiations between the European Union and Mercosur are making progress and are on track for a possible trade agreement by mid-2011, following coincidences on several controversial points.

• Monday, November 22nd 2010 - 04:11 UTC

  EU/Mercosur trade agreement still far away, say Spanish analysts

  

  The European Union Mercosur trade agreement is still far from becoming a reality and the coming Ibero-American summit in Mar del Plata early December is not expected to signal any significant achievement in this field, according to Spanish political analysts who anticipate some advances towards the end of next year.