EUROPEAN COMMISSION DAILY NEWS – 11 JUNE

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EUROPEAN COMMISSION DAILY NEWS - 11 JUNE
11 Jun 2015

EUROPEAN COMMISSION DAILY NEWS – 11 JUNE

Brussels Daily

EUROSTAT – Almost a third of EU trade in services with the United States in 2014

The international trade in services of the European Union (EU) has increased significantly over the last five years. EU exports of services to the rest of the world rose by 29%, from €568.7 billion in 2010 to €734.8 billion in 2014, while imports grew only slightly more slowly (+27%) from €458.0 billion to €583.4 billion. As a consequence, the EU trade surplus in services has steadily increased between 2010 and 2013, from €110.7 billion to €178.1 billion, before decreasing to €151.4 billion in 2014. In 2014, the main partner for EU exports of services was the United States (€193.6 billion, or 26% of extra-EU exports), well ahead of Switzerland (€103.5 billion, 14%), China (€31.7 billion, 4%), Russia (€28.9 billion, 4%) and Japan (€25.6 billion, 3%). A EUROSTAT press release can be found here.

EU boosts support for sustainable development in Latin America and the Caribbean
Today the European Commission announced around €230 million to support the efforts towards the sustainable development of Latin America and the Caribbean. The new projects unveiled today will take into account the progress made in several parts of the region in recent years and will address the new challenges that have emerged. The announcement was made at the EU-CELAC (Community of Latin America and Caribbean States) Summit held in Brussels on 10 – 11 June. High Representative / Vice-President Federica Mogherini said: “With this newly adopted EU cooperation package, we want to further strengthen and deepen the EU-Latin America relationship. Throughout these new initiatives, we will work together to enhance sustainable development and promote more inclusive prosperous societies for the next generations on both our continents”. Neven Mimica, Commissioner for International Cooperation and Development, said: “The European Union seeks to develop a new type of cooperation that takes into account the fact that Latin America and the Caribbean have experienced very positive growth over the last decade and that development challenges are of a different nature today”. More information available in the press release.

Read today’s edition in full:  Daily News 11 – 06 – 2015

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