28 Apr 2017
EUROPEAN COMMISSION DAILY NEWS – 28 APRILBrussels Daily
EU agri-food exports remain higher than previous years
The monthly value of EU agri-food exports increased by +1.2% (+ €131 million) compared with February last year, according to the latest figures published today. The monthly exports particularly increased for Russia (+86 million), China (+77 million), the USA (+58 million) and Korea (+55 million). For the 12-months period covering March 2016 to February 2017, EU agri-food exports reached a value of €132.2 billion, corresponding to an increase by 2.2% in value terms compared to the same period one year ago. Exports of pig meat did particularly well over the last 12 months with a recovery of +33% compared to the same period one year ago. Monthly values for EU agri-food imports also increased in February 2017 compared to the year before (+1.5%) which means that the trade balance remains stable compared to February last year at €19 billion. This month’s report focuses on EU agri-food trade with Serbia. The EU is a net-importer of agri-food products from this country. While the EU is more oriented towards exporting processed products, the imports from Serbia are mainly commodities and other primary products. The full report is online.
Commission publishes report following latest round of trade talks with Japan
The Commission published today – as part of its commitment to a more transparent trade policy – a report summarising the progress made during the latest round of EU-Japan tradetalks which took place in April in Tokyo. The report offers summary of the progress made in all areas of the negotiations, namely: 1) Trade in goods (including Market Access, and General Rules); 2) Non-Tariff Measures; 3) Rules of Origin; 4) Trade in Services; 5) Procurement; 6) Intellectual Property (including Geographical Indications); 7) Other issues (Institutions and Regulatory Cooperation). Work progressed in a constructive atmosphere, with both sides working with a renewed sense of urgency in order to respect the objective set by the leaders to conclude talks as soon as possible. The recent Commission proposals made in the course of the negotiations can be found on the dedicated transparency page. More information on the EU-Japan talks is available on the website of DG Trade.