Representatives of the European Union, the United States and Japan announced their agreement to strengthen existing rules on industrial subsidies and condemned forced technology transfer practices. In a meeting held in Washington, the EU, the U.S. and Japan agreed that the current list of subsidies prohibited under the World Trade Organization’s (WTO) rules is insufficient to tackle market and trade distorting ...

The EU’s trade commissioner has suggested there could be a last-minute trade-off with Brussels offering the city of London access to European markets in return for European fleets retaining their fishing rights in British waters. The UK’s financial services sector will lose its automatic right to serve Europe-based clients at the end of the transition period and the EU will need to ...

Trump and U.K. Prime Minister Boris Johnson are eager to strike a bilateral free trade agreement after Britain leaves the EU on Jan. 31, but getting there ‘will be a lot more complex’ than either side thinks, former U.S. trade negotiator Wendy Cutler said. “It’s going to take the EU and the U.K. a year to figure out what their relationship ...

Jersey will work to reforge its business links around the world as the UK looks to broker new trade deals with the likes of the EU, US, Australia and New Zealand after Brexit, a new government report says. Following the passing of the Withdrawal Bill in the House of Commons earlier this month, the UK is preparing to renegotiate free trade ...

Vietnamese businesses should prepare to deal with potential trade barriers that could arise early next year when the historic EU-Việtnam Free Trade Agreement (EVFTA) takes effect. Phạm Bình An, director of the HCM City International Integration Support Centre, said the EVFTA trade deal was expected to increase Việtnam’s GDP by 4.3 per cent by 2030, and exports to the EU could surge by about 44 per cent by 2030. According to ...

The EU and Mercosur Group of countries (Argentina, Brazil, Paraguay and Uruguay) reached an agreement on a trade pact covering a population of 780 million people on 28 June 2019. For the agreement to enter into force, Parliament needs to agree to it. The European Green Deal, presented on 11 December in the Parliament, aims to make Europe the first ...

The Free Trade Agreement, which has plagued the European Union and Australia for the past eighteen months, will open up vast opportunities for Croatian companies to step into the large, and hitherto poorly explored, Australian market, which has been continuously recording positive growth rates for the last thirty years. Despite a diaspora of about 200,000 expatriates from Croatia and their ...

Australians could be free to live and work in the United Kingdom without a visa under a post-Brexit free trade agreement between the countries. Visa-free travel between the Commonwealth nations could become a reality next year after Boris Johnson’s recent election victory. Australia is tipped to be one of the first countries to sign a free trade agreement with Britain ...

Several non-European countries and Australia have demanded for compensation from EU and US due to disruption of trade related to Brexit. Australia’s lamb and beef exports suffered huge losses due to Brexit confusion. Australia said that it could suffer a reduction in its $366m (£284m) of annual meat exports to the UK and EU as a result and claimed its ...