BRUSSELS (Reuters) – The European Union is seeking to contain a new complaint that a trade deal with the United States would undermine Europe’s protection against dangerous chemicals, eager to avoid another front of resistance to the world’s biggest trade accord.
More than a year into negotiations, the European Commission, the EU executive, is engaged in a public relations battle to defend plans to deepen the transatlantic trading relationship and create a market of some 800 million people encompassing almost half the world’s economy.
BRUSSELS (Reuters) – The European Union decided on Tuesday to keep in place a package of economic sanctions against Russia over its support for separatist rebels in eastern Ukraine despite what it called “encouraging developments” on the ground after a ceasefire deal.
The 28-nation EU has imposed sanctions on Russia’s finance, defence and energy sectors and has frozen the assets of some 140 Russian and Ukrainian individuals and companies over Moscow’s role in Ukraine.
BRUSSELS (Reuters) – The EU’s nominee for health chief pledged on Tuesday to oppose the import of some U.S. foodstuffs such as chemically-treated meat that Washington hopes to be able to sell to Europe under a planned multi-billion-dollar transatlantic trade deal.
In comments at his confirmation hearing in the European Parliament that will delight EU heavyweights France and Germany, Vytenis Andriukaitis also said genetically modified crops posed a “philosophical problem” that threatened Europe’s biodiversity.
BRUSSELS (Reuters) – Russia will not be allowed to amend a free-trade deal between the European Union and Ukraine, the woman set to become the EU’s new trade chief said on Monday, rejecting Moscow’s demands.
Russian President Vladimir Putin wants three-way negotiations to amend the EU’s accord with Kiev, which Russia says will hurt its own economy, and has threatened to curtail Ukraine’s access to Russian markets if Kiev implements the deal.
BRUSSELS, Sept 29 (Reuters) – The woman likely to become the
EU’s new trade chief sought to reassure lawmakers on Monday that
U.S. companies will not be able to challenge Europe’s safety and
environmental rules if Brussels and Washington agree the world’s
biggest trade deal.
Sweden’s Cecilia Malmstrom told the European Parliament she
did not rule out removing contentious investment protection
provisions from the pact if Europeans believed they would allow
U.S. firms to circumvent EU rules and standards.
LONDON/BRUSSELS, Sept 25 (Reuters) – A row over how strictly
new rules on bankers pay are enforced in Britain and across
Europe flared on Friday after the European Union banking
regulator was reported to be preparing to clamp down on
allowances being paid to staff.
The European Banking Authority (EBA), which has been
investigating such allowances, is poised to take a much stricter
stance than British regulators on how fixed pay is defined, the
Financial Times reported, citing two sources familiar with draft
recommendations made by the EBA. (on.ft.com/1vjmB9S)
BRUSSELS/OTTAWA (Reuters) – Germany’s rejection of part of a multibillion-dollar trade deal between the European Union and Canada threatens to derail the agreement, in a potentially embarrassing re-run of a breakdown a year ago.
On Friday, Canadian Prime Minister Stephen Harper and European Commission President Jose Manuel Barroso are due to announce in Ottawa the end of five years of negotiations on the trade accord, with the finalization of a 1,500-page text that its architects say should increase two-way trade by a fifth, to 26 billion euros ($33 billion) a year.