Tag for 'Trade'
EU27 imports from Japan decreased by 30% between 2000 and 2010 EU News 174/2011 STAT/11/74 26 May 2011 EU - Japan Summit EU27 imports from Japan decreased by 30% between 2000 and 2010 Surplus of 4 bn euro for trade in services in 2010 Between 2000 and 2010, EU27 exports of goods to Japan fell slightly in value from 45 bn euro to 44 bn, and EU27 imports from Japan decreased by 30%, from 92 bn to 65 bn. As a result, the EU27 deficit in trade with Japan decreased from 47 bn in 2000 to 21 bn in 2010 and the share of Japan in the EU27's total external trade […]
The Fourth Japan-EU Joint Customs Co-operation Committee EU New 168/2011 Joint Press Release The Fourth Japan-EU Joint Customs Co-operation Committee Tokyo, 24th May 2011 The fourth Japan-EU Joint Customs Cooperation Committee (JCCC) was held in Tokyo on 24th May 2011, chaired by Director General Atsuo Shibota, Customs and Tariff Bureau, the Ministry of Finance of Japan and Director General Walter Deffaa, Taxation and Customs Union of the European Commission. The JCCC oversees the implementation of the Agreement between the Government of Japan and the European Union on Cooperation and Mutual Administrative Assistance in Customs Matters. The followings are highlights of the fourth JCCC. Regarding the Great East Japan Earthquake, […]
WTO Airbus Case – Appellate Body overturns key findings of the Panel in favour of the EU EU News 156/2011 IP/11/584 Brussels, 18 May 2011 The European Commission welcomes the WTO Appellate Body report on the Airbus case published today. The Appellate Body has overturned several key findings made by the Panel. Most importantly, the Appellate Body found that support provided by Germany, Spain and the UK for the launch of Airbus' A380 aircraft is not a prohibited export subsidy under WTO Law. It also rejected the US appeal that other instances of Repayable Launch Investment (RLI) were export subsidies. EU Trade Commissioner Karel De Gucht said, "I am particularly […]
EU imposes first ever anti-subsidy tariffs against imports from China EU News 148/2011 IP/11/568 Brussels, 14 May 2011 In a 15 month investigation, the EU found that that the Chinese government was significantly subsidising its coated fine paper industry by giving cheap loans, allocating land below market value and granting various tax incentives which are illegal practices under WTO rules. After this first-ever anti-subsidy proceeding launched by the EU against China, the EU today imposes definite countervailing duties ranging from 4% to 12% on this high quality paper imported from China. The investigation also brought to light that Chinese producers of coated fine paper exported their products to the EU […]
EU-Japan Business Cooperation: Growth for the Future EU News 116/2011 EU-Japan Business Round Table Press Release Tokyo, Monday 18 April 2011 EU-Japan Business Round Table (BRT) co-Chairmen Jean-Yves LE GALL (Chairman & CEO of Arianespace) and Hiromasa YONEKURA (Chairman of Sumitomo Chemical Co., Ltd.) met today in Tokyo and confirmed their commitment to push for an improved EU-Japan business environment during the next BRT meeting in Rome, on Thursday 28 and Friday 29 April 2011. Around 50 senior executives from leading European and Japanese companies will participate in the Rome meeting, which will take place on Thursday 28 and Friday 29 April 2011 at the Hilton Rome Cavalieri. The Meeting’s […]
EU sets out priorities to dismantle trade barriers EU News 74/2011 IP/11/276 Brussels, 10 March 2011 The European Commission today published its first Trade and Investment Barriers report which singles out important barriers in the markets of six strategic economic partners and proposes specific actions to remove the barriers. Dismantling these barriers would improve and open up new export and investment opportunities for European companies and people. The report will be presented to the European Council on 24-25 March. "We need more than paper deals", said EU Trade Commissioner Karel De Gucht. "We need to ensure that the trade deals and rules we have negotiated with our partners are actually […]
EU Commission welcomes European Parliament backing for free trade deal with South Korea EU News 42/2011 IP/11/194 Brussels, 17 February 2011 EU Trade Commissioner Karel De Gucht, today welcomed the European Parliament's support for a Free Trade Agreement (FTA) between the European Union (EU) and South Korea. An overwhelming majority of MEPs voted for the deal (465 MEPs in favour) meaning that from 1st July 2011 businesses from both sides will be able to trade more freely and easily than ever before. This is the first time that the European Parliament has endorsed a trade agreement and adopted accompanying trade legislation under the Lisbon Treaty procedures. "I am delighted that […]
weareurope – European Fashion Labels under one Roof EU News 33/2011 EU Gateway Programme Office Press Release Friday 28 January 2011 weareurope – European Fashion Labels under one Roof ’11/’12 Autumn・Winter Women’s & Men’s Collection With the support of the European Union some 40 European fashion designers and fashion houses will visit Japan from March 22 to 25, 2011 to develop business linkages with Japanese companies. The main focus of the Business Mission is to support European designers in the establishment of their labels in the Japanese market and concentrate on the presentation of their autumn / winter 2011/12 collections to buyers, importers, agents and the media. During the week-long […]
EU-Japan Business Round Table co-Chairs meet with PM Kan EU News 18/2011 EU-Japan Business Round Table Press Release Tokyo, 19 January 2011 EU-Japan Business Round Table co-Chairmen Jean-Yves LE GALL and Hiromasa YONEKURA met today with Japan’s Prime Minister Naoto KAN to push for the strengthening of EU-Japan trade and economic relations. During their meeting with Japan’s Prime Minister KAN, the EU-Japan Business Round Table (BRT) co-Chairmen Messrs. LE GALL (Chairman & CEO of Arianespace) and YONEKURA (Chairman of Sumitomo Chemical Co., Ltd.) stressed the importance and the growth potential of the trade and economic relations between the EU and Japan, two major world economies. They pointed out that the […]
EU and Serbia sign bilateral WTO accession agreement EU News 08/2011 IP/11/20 Brussels, 11 January 2011 The EU and Serbia have today signed a bilateral agreement on Serbia's accession to the WTO. The agreement was signed by Mladjan Dinkic, Deputy Prime Minister and Minister of Economy and Regional Development of Serbia, and the European Commissioner for Trade Karel De Gucht. It comprises provisions on tariffs for trade in goods and the reciprocal opening of the partner's respective services markets. These commitments will be embodied in the future Protocol of Accession of the Republic of Serbia to the WTO. “Today's signature is a milestone in Serbia's WTO accession process and an […]
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