TRADE NEWS – 08 OCTOBER

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TRADE NEWS - 08 OCTOBER
09 Oct 2015

TRADE NEWS – 08 OCTOBER

Brussels Daily

TTIP

Eleventh round of the EU-US trade negotiations

The eleventh round of negotiations will take place in Miami, Florida from October 19 – 23, 2015. The Office of the U.S. Trade Representative (USTR) will host a stakeholder forum on Wednesday 21 October from 11:00 a.m. – 4:30 p.m. to provide an update on negotiations and solicit input and feedback from interested stakeholders, as well as a press conference on Friday 23 October to discuss outcomes from the negotiations.

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WTO


The EU ratifies WTO Trade Facilitation Agreement

On 5 October the EU finalised the ratification process of the WTO Trade Facilitation Agreement – the first major multilateral deal in years. The Agreement is expected to significantly simplify and modernise customs procedures around the world. The EU now expects its WTO partners who have not yet done so to fulfil all the required procedural steps without delay, so that companies can experience the tangible benefits of the deal as soon as possible.

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UNITED STATES

Malmström met with the Minister-President of Wallonia

On 2 October EU Trade Commissioner Cecilia Malmström met with the Minister-President of Wallonia, Paul Magnette. Topics of discussion included the ongoing negotiations of the Transatlantic Trade and Investment Partnership (TTIP) with the United States and the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada.

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CHINA

Commissioner Malmström met Chinese Minister of Commerce Gao Hucheng to take stock of investment talks

At the meeting of 7 October both sides exchanged views on the on-going economic and political reforms in China. Commissioner Malmström underlined the importance of strengthening the rule of law and independent judiciary system, allowing lawyers to operate freely and independently, supporting the work of foreign business and citizens. Referring to the importance of the digital society for business operating in China, Commissioner Malmström asked her Chinese counterpart “to contribute to making the internet a vehicle for freedom of expression and free trade”.

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