EUROPEAN COMMISSION DAILY NEWS – 18 MAY

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EUROPEAN COMMISSION DAILY NEWS - 18 MAY
18 May 2017

EUROPEAN COMMISSION DAILY NEWS – 18 MAY

Brussels Daily

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Positive trade balance for EU agri-food products after record value in monthly exports

According to the latest figures published today by the European Commission, the monthly value of EU agri-food exports in March 2017 reached a value of almost €12.7 billion, which is €1.31 billion (+11.3%) higher than in March 2016. This is the highest monthly export value seen over the last 5 years. Highest increases in monthly export values (March 2017 compared to March 2016) were recorded for the USA, Japan, Russia and Switzerland. Following the strong increase in exports, the trade balance in March 2017 reached €1.8 billion. When looking at the last 12 months, from April 2016 to March 2017, EU agri-food exports reached a value of €133.5 billion, corresponding to an increase by 3.6% in value terms compared to the same period one year ago. Focusing on the EU export performance per product category over the last twelve months, it confirms the trend of pig meat exports’ recovery. Main origins for EU agri-food imports over the past 12 months were Brazil, USA, Argentina and China, followed by Switzerland, Turkey, Indonesia, Ukraine and Ivory Coast. The full report is online.

EU and 79 African, Caribbean, Pacific countries in joint push to implement global climate deal

The European Union and 79 African, Caribbean and Pacific (ACP) developing countries, who together make up more than half of the signatories to the Paris Agreement on climate change, today reaffirmed their strong and steadfast commitment to full implementation of the agreement, urging all partners to keep up the momentum created in 2015. The EU and the African, Caribbean and Pacific Group of States made the call at a UN climate change conference taking place in Bonn, ahead of the upcoming G7 and G20 leaders’ summits and the next annual UN climate negotiations COP23 in November. Commissioner for Climate Action and Energy Miguel Arias Cañete said: “Today more than ever, Europe stands by its long-term partners most vulnerable to climate change. We, developed and developing countries together, will defend the Paris Agreement. We are all in, and our joint commitment to this Agreement today is as in Paris: irreversible and non-negotiable.” The ACP Group and EU have agreed common positions on the next steps to implement the Paris Agreement and strengthened cooperation to promote low-emission, climate-resilient development. As an example of this increased cooperation, the EU has announced support of EUR 800 million for the Pacific Region up to 2020, with around half earmarked for climate action. The EU will also provide EUR 3 million to support Fiji’s COP23 Presidency. The UN climate conference is currently taking place from 8-18 May to prepare the ground for the next Conference of the Parties COP23, to be held on 6-17 November 2017 in Bonn. For more information consult the Commission’s website.



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