Building bridges between the EU and South Korea

Size: px
Start display at page:

Download "Building bridges between the EU and South Korea"

Transcription

1 NEWS STORIES Building bridges between the EU and South Korea Speech by Cecilia Malmström European Commissioner for Trade The EU-Korea Business Forum Seoul, 21 September 2017 Ladies and gentlemen, The success of South Korea is a testament to the transformative power of trade. The country arose from the rubble of a war at a time when the average citizen could claim just a couple of hundred dollars a year in income. Just a few decades later, Korea is one of the world's biggest economies, a technology leader, and home to world leading companies. Companies whose brands appear in homes, offices, pockets around the world. Companies whose investments create jobs around the world. Though eight thousand kilometres away, you are one of our top ten partners in the goods trade and a leading partner in services and investment. This is thanks to the dynamism and dedication of the Korean people. Here, as in other parts of the globe, openness to trade and investment has helped the country develop

2 has helped its people rise up and emerge into a world of opportunity. The free-trade agreement we struck with Korea, now in force for 6 years, was one of the first and most ambitious of a new generation of EU trade deals. By trade value, it eliminated 98.7% of the customs duties between us. It tackles non-tariff barriers in areas like cars, electronics, chemicals and medicines. For example, cutting the cumbersome and costly need for duplicate testing. It was, at the time, our most ambitious agreement ever for the services trade: opening sectors from telecoms to finance, law to shipping and extending access to procurement markets. It worked. The EU's exports to Korea have risen 55% - giving Korean people and businesses more choice at lower prices. Helping businesses on both sides fit better into global value chains. The agreement means business on both sides, of all sizes, can explore new markets while Koreans and Europeans can enjoy more products from more companies. Handmade violins from Cremona in Italy, once the home of Antonio Stradivarius, now able to sell directly and more competitively in Korea. Polish chokeberries the superfood said to have a super effect on health; which Korean people can now also benefit from. And new technologies: as many as 20,000 banks in Korea have card-printing machines from Evolis, based in Angers, in France. You, too, can now enjoy premium quality brands like champagne, Parma ham, or around 160 other European products, and know you are getting the real, authentic deal. Just as in Europe we can now enjoy delicacies like Hoengseong Hanwoo Beef, or Boseong green tea, benefiting from similar protections. Korea's exports to the EU have also risen. Even at a time when EU imports overall fell, following the economic crisis. And trade in services between us has also seen a huge boost: rising by almost 50%,

3 exports rocketing for both sides. Perhaps even more than trade in goods, this shows how the trade agreement has created deep and lasting integration between us. Today, the EU is the largest investor in your country, ahead of even the U.S. and Japan. The EU represents one dollar in five of Korea's foreign direct investment. And EU affiliates employ nearly 100,000 people in South Korea. So it's a good deal that brought our countries closer. But the EU's trade deal with South Korea does not sit in isolation. It is part of a programme of progressive trade policy that we are promoting. Trade that is open, and effective for the modern age. Trade that is based on our values. Trade that allows us to benefit from new opportunities. Without having to compromise on our democratic decision-making or our high standards of protection. Trade that helps us shape globalisation. Giving us a seat at the table when the rules are made, so that we can ensure trade is truly for all. That is the philosophy we have for our trade policy. Our trade agreement with Korea was perhaps the first in that series. But it is something we are taking to the world. Our trade agreement with Canada comes into provisional effect today. As I speak, the first shipments of goods benefiting from these tariffs are crossing the Atlantic. They represent just a fraction of the 500 million euros in tariff savings EU exporters could enjoy. Now we also have an agreement in principle with Japan, one of the world's largest economies. We are making good progress in our negotiations with Mexico and Mercosur, in South America. And we are launching talks with Australia and New Zealand: we published the proposal for a negotiating mandate last week.

4 For Korea, as for Canada, or for any trade agreement, the work is not finished the day it comes into effect. Trade deals must be implemented. Like any relationship, trade needs ongoing feedback and ongoing attention. We continue to work to identify and resolve the obstacles exporters face on the ground. Last year we were able to resolve many barriers with South Korea: in areas from cars, to cosmetics, to cheese. And I thank the Korean authorities for their cooperation in resolving these. I hope we will continue to work together in this way. And we continue to talk to businesses to get their views on how the agreement is operating. We are today showcasing the results of that work. Those we interviewed and surveyed had a very positive assessment of the agreement: they agree it has led to investment, innovation, integration. This means companies upgrading their products, and expanding their reach. It means more jobs and more opportunity. Of course we've also been informed of areas where we can improve. How, for example, we can improve procedures or streamline paperwork. And it is our ongoing commitment to make this agreement work for all sides. Our trade agreement also includes provisions on sustainable development. These are not an optional add-on, but an integral part of the agreement an essential element of the deeper relations that the agreement aims to promote. These measures ensure trade does not come at the cost of the environment, or of people's rights. They respond to the growing recognition that trade must be based on values, not undercutting them.

5 They create commitments that are binding, and enforceable. And those commitments are monitored: not just us, your partners but by civil society, meeting in the groups and forums created by the agreement. Unfortunately, even after 6 years, Korea has made limited progress on some of these commitments. The EU has real concerns about Korea's respect for fundamental principles of labour rights: including the freedom of association and the right to collective bargaining. Fundamental conventions of the International Labour Organisation need to be ratified. Those that have been ratified need to be effectively implemented. This is a concern raised by civil society right here in Korea but also worry European stakeholders including the European Parliament. It is also a concern I have raised personally with the Minister, under the previous government. And I am doing so again during my visit here. I hope that the Korean government will pay heed to these calls and recommendations from all these sources. Our approach is and remains based on dialogue and cooperation. We stand ready to work with you, and engage with the new government, to help you fulfil these obligations, supporting trade while supporting rights. These trade agreements that we sign are about removing tariff and technical barriers, they are about boosting opportunities, they are about promoting standards. But they are also a symbol. In today's world we see the rising risk of protectionism. These are dangerous trends for any open economy, any open society. Yet many parts of the world still realise that open, rules-based trade holds the key to our prosperity and progress. Many people realise that protectionism offers no protection. I know Korea is one such place.

6 So is the EU. So like-minded partners need to stay together. We are reaching out to all those likeminded partners: to Canada, Mexico, Japan, and many more. We are offering the continuing chance of free and fair trade that can help our economies to grow, now and long into the future. We are looking to work with likeminded partners to shape globalisation, so it works for everyone. When others are looking to build walls, we are ready to build bridges. I am proud to stand with South Korea in that common goal. Thank you. Biography of Speakers bio_in_english.pdf bio_in_korean.pdf 2017 EU-Korea Business Forum Programme programme_in_eng.pdf programme_kor.pdf Presentation by Experts quality_assessment_of_eu-rok_fta_summary_presentation_compatibility_mode.pdf Source URL:

7 d-south-korea_es

Bringing EU Trade Policy Up to Date 23 June 2015

Bringing EU Trade Policy Up to Date 23 June 2015 European Commission Speech [Check against delivery] Bringing EU Trade Policy Up to Date 23 June 2015 Cecilia Malmström, Commissioner for Trade Brussels, European Trade Policy Day - Keynote Minister, Chairman

More information

The EU at 60: an open global trading partner

The EU at 60: an open global trading partner European Commission Speech [Check against delivery] The EU at 60: an open global trading partner Singapore, 8 March 2017 EU Trade Commissioner Cecilia Malmström Singapore Management University, Singapore

More information

Opportunities from Globalization for European Companies

Opportunities from Globalization for European Companies Karel De Gucht European Commissioner for Trade EUROPEAN COMMISSION [CHECK AGAINST DELIVERY] Opportunities from Globalization for European Companies High-level conference "Spain: from Stability to Growth"

More information

ASEAN: An Economic Pillar of Asia

ASEAN: An Economic Pillar of Asia European Commission Speech [Check against delivery] ASEAN: An Economic Pillar of Asia Singapore, 2 March 2018 Speech by European Commissioner for Trade Cecilia Malmström ASEAN Business Conference Ladies

More information

Future EU Trade Policy: Achieving Europe's Strategic Goals

Future EU Trade Policy: Achieving Europe's Strategic Goals European Commission Speech [Check against delivery] Future EU Trade Policy: Achieving Europe's Strategic Goals 4 May 2015 Cecilia Malmström, Commissioner for Trade Washington DC Centre for Strategic and

More information

Poland: Free and Open Traders Katowice, 14 May 2018

Poland: Free and Open Traders Katowice, 14 May 2018 European Commission Speech [Check against delivery] Poland: Free and Open Traders Katowice, 14 May 2018 EU Trade Commissioner Cecilia Malmström European Economic Congress Ladies and gentlemen, Thank you

More information

Strategic benefits 148% 400,000 1

Strategic benefits 148% 400,000 1 Strategic benefits The EU-Mexico trade agreement helps us in the EU to achieve our goals in the wider world. It allows us to deepen our close relationship with Mexico, take a stand for open trade, and

More information

The future of EU trade policy

The future of EU trade policy European Commission Speech [Check against delivery] The future of EU trade policy Brussels, 24 January 2017 EU Trade Commissioner Cecilia Malmström Bruegel Lunch Talk Ladies and gentlemen, Thank you for

More information

Sciences Po Paris, France, 22 January 2018

Sciences Po Paris, France, 22 January 2018 European Commission Speech [Check against delivery] Sciences Po Paris, France, 22 January 2018 EU Trade Commissioner Cecilia Malmström Youth and Leaders' Summit Sciences Po Ladies and gentlemen, Thank

More information

What Flanders can gain from TTIP and EU Trade Policy in general?

What Flanders can gain from TTIP and EU Trade Policy in general? European Commission Speech [Check against delivery] What Flanders can gain from TTIP and EU Trade Policy in general? 12 January 2016 Cecilia Malmström, Commissioner for Trade Flemish Parliament Honourable

More information

EU Trade policy: Why should European citizens care?

EU Trade policy: Why should European citizens care? European Commission Speech [Check against delivery] EU Trade policy: Why should European citizens care? 17 April 2015 Cecilia Malmström, Commissioner for Trade Maastricht Maastricht University: Jean Monnet

More information

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS EUROPEAN COMMISSION Brussels, 13.9.2017 COM(2017) 492 final COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE

More information

Transforming Trade Berlin, Germany, 15 October 2018

Transforming Trade Berlin, Germany, 15 October 2018 European Commission Speech [Check against delivery] Transforming Trade Berlin, Germany, 15 October 2018 EU Trade Commissioner Cecilia Malmström Humboldt University Mr Dean, Professors, Students, Ladies

More information

Three reasons for CETA

Three reasons for CETA Three reasons for CETA Remarks to a conference in Brussels organized by the Federation of Belgian Enterprises October 26, 2016 1 2 Check against delivery. Trade agreements that are as comprehensive and

More information

TTIP and Global Trade: What's in it for Sweden, Europe and the World

TTIP and Global Trade: What's in it for Sweden, Europe and the World European Commission Speech [Check against delivery] TTIP and Global Trade: What's in it for Sweden, Europe and the World 15 March 2016 Cecilia Malmström, Commissioner for Trade Gothenburg University Conference

More information

Transatlantic and Global Trade, and Security

Transatlantic and Global Trade, and Security European Commission Speech [Check against delivery] Transatlantic and Global Trade, and Security 14 February 2015 Cecilia Malmström, Commissioner for Trade Brussels - NATO Parliamentary Assembly Ladies

More information

Trade and European Tradition of Civil Society

Trade and European Tradition of Civil Society Trade and European Tradition of Civil Society Speech by EU Trade Cecilia Malmström Civil Society Dialogue meeting Brussels, 4 December 2014 Check against delivery Ladies and gentlemen, Thank you all for

More information

Stronger Foundations for Europe's Economic Future

Stronger Foundations for Europe's Economic Future Karel De Gucht European Commissioner for Trade EUROPEAN COMMISSION [CHECK AGAINST DELIVERY] Stronger Foundations for Europe's Economic Future Trade Policy Conference Managing the New EU Trade Policy Agenda

More information

epp european people s party

epp european people s party The Future of European Trade: Traditional values in tomorrow s economy ADOPTED AT THE EPP CONGRESS - MALTA, 29ST AND 30ND MARCH 2017 01 The Future of European Trade: Traditional values in tomorrow s economy

More information

Dear Commissioner, Excellencies, Professors, Students.

Dear Commissioner, Excellencies, Professors, Students. REGERINGSKANSLIET Utrikesdepartementet Anförande 28 Anförande vid European Institute of Japanese Studies,Handelshögskolan i Stockholm, Tema: EU-Japans frihandelsavtal Dear Commissioner, Excellencies, Professors,

More information

From earning profits to earning trust Speech by Cecilia Malmstrom Commissioner for Trade Sustainability in EU trade policy Amfori,

From earning profits to earning trust Speech by Cecilia Malmstrom Commissioner for Trade Sustainability in EU trade policy Amfori, From earning profits to earning trust Speech by Cecilia Malmstrom Commissioner for Trade Sustainability in EU trade policy Amfori, 12.03.2018 Ladies and Gentlemen, My thanks to Christian Ewert and to everyone

More information

SPEECH. at the ACP-EU Joint Parliamentary Assembly. St Julian's, 19 June Page 1 of 20

SPEECH. at the ACP-EU Joint Parliamentary Assembly. St Julian's, 19 June Page 1 of 20 SPEECH at the ACP-EU Joint Parliamentary Assembly St Julian's, 19 June 2017 Page 1 of 20 Members of the Joint Parliamentary Assembly, Distinguished Guests, Ladies and Gentlemen, As always, it is a pleasure

More information

Building on Global Europe: The Future EU Trade Agenda

Building on Global Europe: The Future EU Trade Agenda Karel De Gucht European Commissioner for Trade Building on Global Europe: The Future EU Trade Agenda House of German Industries Berlin, 15 April 2010 Good afternoon ladies and gentlemen. It is a pleasure

More information

Speech by EU Ambassador Vincent Guérend at the TCF Seminar "The Future of Geographical Indications in Indonesia"

Speech by EU Ambassador Vincent Guérend at the TCF Seminar The Future of Geographical Indications in Indonesia NEWS STORIES Speech by EU Ambassador Vincent Guérend at the TCF Seminar "The Future of Geographical Indications in Indonesia" Speech by H.E. Vincent Guérend, Ambassador of the European Union to Indonesia

More information

Overview. From an existing agreement to a new one

Overview. From an existing agreement to a new one Overview From an existing agreement to a new one The EU and Mexico already have a close trading and investment relationship. 2000 In 1997 the EU and Mexico signed an Economic Partnership, Political Coordination

More information

Glossary. account where we post news about TTIP. requiring all US. judges a disputed issue outside a court

Glossary. account where we post news about TTIP. requiring all US. judges a disputed issue outside a court Glossary @EU_TTIP_team Arbitrator Our Twitter account where we post news about TTIP A person who judges a disputed issue outside a court Audiovisual services Services with both a visual and a sound component,

More information

Korea-U.S. Economic Cooperation

Korea-U.S. Economic Cooperation Korea-U.S. Economic Cooperation AMCHAM Korea Founded in 1953 Purpose of foundation: to encourage the development of trade and commerce between Korea and the United States Membership: around 2,000 members

More information

Putting Principles into Practice: Multilateralism and Other Values in EU Trade Policy

Putting Principles into Practice: Multilateralism and Other Values in EU Trade Policy European Commission Speech [Check against delivery] Putting Principles into Practice: Multilateralism and Other Values in EU Trade Policy 2 May 2016 Cecilia Malmström, Commissioner for Trade Graduate Institute,

More information

UK NATIONAL STATEMENT AT UNCTAD XII

UK NATIONAL STATEMENT AT UNCTAD XII UK NATIONAL STATEMENT AT UNCTAD XII Introduction Mr Chairman, Ladies and gentlemen, let me begin by thanking the Government and the people of Ghana for their hospitality in hosting this Conference. This

More information

Speech by President Barroso: Tackling economic crises and global challenges through regional integration and international cooperation

Speech by President Barroso: Tackling economic crises and global challenges through regional integration and international cooperation EUROPEAN COMMISSION José Manuel Durão Barroso President of the European Commission Speech by President Barroso: Tackling economic crises and global challenges through regional integration and international

More information

Speech by President Barroso: "A new era of good feelings"

Speech by President Barroso: A new era of good feelings EUROPEAN COMMISSION José Manuel Durão Barroso President of the European Commission Speech by President Barroso: "A new era of good feelings" Bloomberg & European American Chamber of Commerce Conversation

More information

Presentation on TPP & TTIP Background and Implications. by Dr V.S. SESHADRI at Centre for WTO Studies New Delhi 3 March 2014

Presentation on TPP & TTIP Background and Implications. by Dr V.S. SESHADRI at Centre for WTO Studies New Delhi 3 March 2014 Presentation on TPP & TTIP Background and Implications by Dr V.S. SESHADRI at Centre for WTO Studies New Delhi 3 March 2014 Contents of Presentation 1. What is TPP? 2. What is TTIP? 3. How are these initiatives

More information

Report on the 2016 UN Forum on Business and Human Rights

Report on the 2016 UN Forum on Business and Human Rights Check against delivery Report on the 2016 UN Forum on Business and Human Rights Statement by Beatriz Balbin Chief, Special Procedures Branch Office of the United Nations High Commissioner for Human Rights

More information

Europe and Russia on the eve of the 21st century

Europe and Russia on the eve of the 21st century SPEECH/97/166 Hans van den Broek Member of the European Commission Europe and Russia on the eve of the 21st century Check Against Delivery Seul le texte prononcé fait foi Es gilt das gesprochene wort The

More information

COMMISSION OF THE EUROPEAN COMMUNITIES COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN COUNCIL A CITIZENS AGENDA

COMMISSION OF THE EUROPEAN COMMUNITIES COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN COUNCIL A CITIZENS AGENDA COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 10.5.2006 COM(2006) 211 final COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN COUNCIL A CITIZENS AGENDA DELIVERING RESULTS FOR EUROPE EN EN COMMUNICATION

More information

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS EUROPEAN COMMISSION Brussels, 13.9.2017 COM(2017) 491 final REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS

More information

Unknown Citizen? Michel Barnier

Unknown Citizen? Michel Barnier Unknown Citizen_Template.qxd 13/06/2017 09:20 Page 9 Unknown Citizen? Michel Barnier On 22 March 2017, a week before Mrs May invoked Article 50 of the Treaty on European Union to commence the UK s withdrawal,

More information

Executive Summary of the Report of the Track Two Study Group on Comprehensive Economic Partnership in East Asia (CEPEA)

Executive Summary of the Report of the Track Two Study Group on Comprehensive Economic Partnership in East Asia (CEPEA) Executive Summary of the Report of the Track Two Study Group on Comprehensive Economic Partnership in East Asia (CEPEA) 1. Economic Integration in East Asia 1. Over the past decades, trade and investment

More information

THE CHALLENGES AND OPPORTUNITIES OF ASIA-PACIFIC TRADE

THE CHALLENGES AND OPPORTUNITIES OF ASIA-PACIFIC TRADE THE CHALLENGES AND OPPORTUNITIES OF ASIA-PACIFIC TRADE 1 2017 WAS A BANNER YEAR FOR TRADE GROWTH IN THE ASIA-PACIFIC (APAC) REGION In fact, the latest data from the Department of Foreign Affairs and Trade

More information

The "Value" of Europe in the World of Global Value Chains. Signe Ratso Director DG Trade, European Commission

The Value of Europe in the World of Global Value Chains. Signe Ratso Director DG Trade, European Commission The "Value" of Europe in the World of Global Value Chains Signe Ratso Director DG Trade, European Commission Outline Europe's role in World Trade Changing Nature of World Trade Main factors of Competitiveness

More information

Future Prospects for CETA on the Canadian Economy. agreement known as the Comprehensive Economic Trade Agreement (CETA).

Future Prospects for CETA on the Canadian Economy. agreement known as the Comprehensive Economic Trade Agreement (CETA). Christian Vallejo February 19, 2018 Future Prospects for CETA on the Canadian Economy Canada and the European Union (EU) have recently negotiated the terms of a trade agreement known as the Comprehensive

More information

Competition and EU policy-making

Competition and EU policy-making EUROPEAN COMMISSION Joaquín Almunia Vice President of the European Commission responsible for Competition Policy Competition and EU policy-making Minda de Gunzburg Center for European Studies Harvard University,

More information

Intervention EU Head of Delegation at the event: Poland Gate to European Commission Mexico-Poland Economic Forum 2 October 2012

Intervention EU Head of Delegation at the event: Poland Gate to European Commission Mexico-Poland Economic Forum 2 October 2012 Intervention EU Head of Delegation at the event: Poland Gate to European Commission Mexico-Poland Economic Forum 2 October 2012 Dear ladies and gentlemen, First of all I would like to thank my colleagues

More information

Trade and Human Dignity in the Workplace

Trade and Human Dignity in the Workplace EUROPEAN COMMISSION Karel De Gucht European Commissioner for Trade Trade and Human Dignity in the Workplace Conference: EU Imports and Human Dignity in the Workplace, European Parliament/ Brussels 9 July

More information

EU Georgia Trade: Staying the Course

EU Georgia Trade: Staying the Course European Commission Speech [Check against delivery] EU Georgia Trade: Staying the Course 21 March 2016 Cecilia Malmström, Commissioner for Trade Tbilisi, Georgia Ladies and gentlemen, Thank you very much

More information

For a Modern Trade Policy Against Protectionism. DIHK-Position on International Trade Policy

For a Modern Trade Policy Against Protectionism. DIHK-Position on International Trade Policy For a Modern Trade Policy Against Protectionism DIHK-Position on International Trade Policy DIHK-Position on International Trade Policy - For a Modern Trade Policy Against Protectionism 2 Copyright Association

More information

Capitalizing on Global and Regional Integration. Chapter 8

Capitalizing on Global and Regional Integration. Chapter 8 Capitalizing on Global and Regional Integration Chapter 8 Objectives Importance of economic integration Global integration Regional integration Regional organizations of interest Implications for action

More information

GLOBAL EUROPE. competing in the world. For more information: EXTERNAL TRADE. European Commission

GLOBAL EUROPE. competing in the world. For more information:   EXTERNAL TRADE. European Commission kg612912farde 23/03/07 8:52 Page 1 NG-76-06-298-EN-C GLOBAL EUROPE For more information: http://ec.europa.eu/trade competing in the world European Commission EXTERNAL TRADE kg612912farde 23/03/07 8:52

More information

Chapter 14: Supranational Cooperation in the European Union 1. Introduction European Union supranational cooperation 2. The Geographic Setting

Chapter 14: Supranational Cooperation in the European Union 1. Introduction European Union supranational cooperation 2. The Geographic Setting Chapter 14: Supranational Cooperation in the European Union 1. Introduction Have you ever traveled from the United States to another country? If so, you know that crossing international borders isn't as

More information

Building an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN,

Building an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN, Building an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN, Excellencies Ladies and Gentlemen 1. We are witnessing today how assisted by unprecedented

More information

The EU's pivot to Asia

The EU's pivot to Asia The EU's pivot to Asia Fraser Cameron considers the unforeseen consequences of global uncertainty, and how the EU has seized the opportunity in deepening EU-Asia relations One of the unforeseen consequences

More information

Speech at the Business Event: Investment, growth and job creation, official visit to Serbia, 30 January-1 February 2018

Speech at the Business Event: Investment, growth and job creation, official visit to Serbia, 30 January-1 February 2018 Speech at the Business Event: Investment, growth and job creation, official visit to Serbia, 30 January-1 February 2018 Speeches Hotel Metropol Palace, Belgrade 31-01-2018 (check against delivery) We have

More information

WHAT IS T-TIP? Make it easier to invest by removing custom duties on goods, and improve market access for goods and services

WHAT IS T-TIP? Make it easier to invest by removing custom duties on goods, and improve market access for goods and services We want you to engage in conversations and help us to explain why T-TIP is good for your business, for consumers, for Denmark, and why we need this agreement now. Ambassador Gifford Read more u WHAT IS

More information

The WTO Trade Facilitation Agreement: reducing bureaucracy at the border

The WTO Trade Facilitation Agreement: reducing bureaucracy at the border DIRECTORATE-GENERAL FOR EXTERNAL POLICIES POLICY DEPARTMENT BRIEFING The WTO Trade Facilitation Agreement: reducing bureaucracy at the border Authors: June O'KEEFFE Elina VIILUP ABSTRACT The Trade Facilitation

More information

New Zealand Europe Business Council (NZEBC) position on FTA negotiations between European Union and New Zealand.

New Zealand Europe Business Council (NZEBC) position on FTA negotiations between European Union and New Zealand. New Zealand Europe Business Council (NZEBC) position on FTA negotiations between European Union and New Zealand. 1. New Zealand Europe Business Council Membership New Zealand Europe Business Council was

More information

European competition policy facing a renaissance of protectionism - which strategy for the future?

European competition policy facing a renaissance of protectionism - which strategy for the future? SPEECH/07/301 Neelie Kroes European Commissioner for Competition Policy European competition policy facing a renaissance of protectionism - which strategy for the future? St Gallen International Competition

More information

VIETNAM'S FTA AND IMPLICATION OF PARTICIPATING IN THE TPP

VIETNAM'S FTA AND IMPLICATION OF PARTICIPATING IN THE TPP VIETNAM'S FTA AND IMPLICATION OF PARTICIPATING IN THE TPP Nguyen Huy Hoang, PhD Institute for Southeast Asian Studies Vietnam Academy of Social Sciences Taipei, October 31 st, 2013 AGENDA VIETNAM INTEGRATION

More information

MEETING OF APEC MINISTERS RESPONSIBLE FOR TRADE. Puerto Vallarta, Mexico May 2002 STATEMENT OF THE CHAIR

MEETING OF APEC MINISTERS RESPONSIBLE FOR TRADE. Puerto Vallarta, Mexico May 2002 STATEMENT OF THE CHAIR MEETING OF APEC MINISTERS RESPONSIBLE FOR TRADE Puerto Vallarta, Mexico 29 30 May 2002 STATEMENT OF THE CHAIR APEC Ministers Responsible for met in Puerto Vallarta, Mexico, to discuss concrete ways to

More information

Europe and the US: Confronting Global Challenges

Europe and the US: Confronting Global Challenges SPEECH/07/ Peter Mandelson EU Trade Commissioner Europe and the US: Confronting Global Challenges Carnegie Endowment Washington DC, 8 October 2007 EMBARGO UNTIL DELIVERED AT 16H30 CET The Carnegie Endowment

More information

Joint Report on the EU-Canada Scoping Exercise March 5, 2009

Joint Report on the EU-Canada Scoping Exercise March 5, 2009 Joint Report on the EU-Canada Scoping Exercise March 5, 2009 CHAPTER ONE OVERVIEW OF ACTIVITIES At their 17 th October 2008 Summit, EU and Canadian Leaders agreed to work together to "define the scope

More information

U.S. CHAMBER OF COMMERCE

U.S. CHAMBER OF COMMERCE Asia U.S. CHAMBER OF COMMERCE The U.S. Chamber of Commerce is the world s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as

More information

Confederation of Industry

Confederation of Industry Confederation of Industry of the Czech Republic The Voice of Business in the Czech Republic www.spcr.cz E-mail: spcr@spcr.cz Non-governmental voluntary Federation of femployers and Entrepreneurs in the

More information

Speech by Marjeta Jager

Speech by Marjeta Jager European League for Economic Cooperation Black Sea Conference 'Renewable energy and transport infrastructure: a new challenge for EU-Black Sea cooperation' Speech by Marjeta Jager An overview of the state

More information

Mapping the road towards a true European Area of Justice

Mapping the road towards a true European Area of Justice EUROPEAN COMMISSION Viviane Reding Vice-President of the European Commission, EU Justice Commissioner Mapping the road towards a true European Area of Justice Assises de la Justice/Brussels 22 November

More information

COMPROMISE AMENDMENTS 1-15

COMPROMISE AMENDMENTS 1-15 ASAMBLEA PARLAMTARIA EURO-LATINOAMERICANA EURO-LATIN AMERICAN PARLIAMTARY ASSEMBLY ASSEMBLEIA PARLAMTAR EURO-LATINO-AMERICANA ASSEMBLÉE PARLEMTAIRE EURO-LATINO- AMÉRICAINE PARLAMTARISCHE VERSAMMLUNG EUROPA-LATEINAMERIKA

More information

Economics Summer Term Task

Economics Summer Term Task Economics Summer Term Task 1. Research the impact of the vote to leave the EU on the UK economy a. In the short term (the next year) b. In the long term (the next 5 to 10 years) -use the links on slide

More information

26 TH ANNUAL MEETING ASIA-PACIFIC PARLIAMENTARY FORUM

26 TH ANNUAL MEETING ASIA-PACIFIC PARLIAMENTARY FORUM 26 TH ANNUAL MEETING ASIA-PACIFIC PARLIAMENTARY FORUM RESOLUTION ON THE ROLE OF PARLIAMENTS IN PROMOTING SEAMLESS REGIONAL ECONOMIC INTEGRATION (Sponsored by Canada, Chile, Mexico, New Zealand and Viet

More information

The Role of EU Trade Policy in Enhancing the Competitiveness of European Industry

The Role of EU Trade Policy in Enhancing the Competitiveness of European Industry The Role of EU Trade Policy in Enhancing the Competitiveness of European Industry Industrial Policy Taskforce Mrs. Signe Ratso Director, DG Trade EPC Conference European Commission 10 December 2013 1 Contents

More information

Nationalism Versus Internationalism: Understanding The Dilemma

Nationalism Versus Internationalism: Understanding The Dilemma Nationalism Versus Internationalism: Understanding The Dilemma SHOULD NATIONALISM BE SACRIFICED IN THE INTEREST OF INTERNATIONALISM? HTTP://WWW.YOUTUBE.COM/WATCH?V=OCFNA5XBQBC What do some nations sacrifice

More information

Trade policy and human rights

Trade policy and human rights Karel De Gucht European Commissioner for Trade Trade policy and human rights S&D conference "Can trade policy improve human rights?" Brussels, 13 October 2010 Good afternoon Honourable Members, ladies

More information

Russia and the EU s need for each other

Russia and the EU s need for each other SPEECH/08/300 Benita Ferrero-Waldner European Commissioner for External Relations and European Neighbourhood Policy Russia and the EU s need for each other Speech at the European Club, State Duma Moscow,

More information

Opening speech by Markus Löning Former German Commissioner for Human Rights Economic Freedom Network Asia, Manila, November 22 nd 2016

Opening speech by Markus Löning Former German Commissioner for Human Rights Economic Freedom Network Asia, Manila, November 22 nd 2016 Opening speech by Markus Löning Former German Commissioner for Human Rights Economic Freedom Network Asia, Manila, November 22 nd 2016 Good morning everybody. It s a great honor to be here and it s a great

More information

The Prime Minister's speech at the ACP-EU Joint Parliamentary Assembly in Horsens, 28 May 2012

The Prime Minister's speech at the ACP-EU Joint Parliamentary Assembly in Horsens, 28 May 2012 1 The Prime Minister's speech at the ACP-EU Joint Parliamentary Assembly in Horsens, 28 May 2012 Honourable Co-Presidents, Distinguished Members of the European Parliament and National Parliaments, Ministers

More information

Business urges WTO Member States to ratify the Agreement on Trade Facilitation

Business urges WTO Member States to ratify the Agreement on Trade Facilitation Joint Statement by Business Organisations 15 October 2014 Business urges WTO Member States to ratify the Agreement on Trade Facilitation Joint Statement by business organisations worldwide The undersigned

More information

EFNI, 28 September 2016 The future of work: realities, dreams and delusions OPENING GALA

EFNI, 28 September 2016 The future of work: realities, dreams and delusions OPENING GALA SPEECH Check against delivery EFNI, 28 September 2016 The future of work: realities, dreams and delusions 28 September 2016 OPENING GALA INTERVENTION BY EMMA MARCEGAGLIA PRESIDENT OF BUSINESSEUROPE Dear

More information

Study on Regional Economic integration in Asia and Europe

Study on Regional Economic integration in Asia and Europe EUROPEAN COMMISSION DIRECTORATE GENERAL ECONOMIC AND FINANCIAL AFFAIRS International questions Economic affairs within the Asian and Latin-American countries and within Russia and the new independent states

More information

Why international. trade is good for. New Zealand and. New Zealanders

Why international. trade is good for. New Zealand and. New Zealanders Why international trade is good for New Zealand and New Zealanders Trade rules. New Zealand s lifeblood! What products do we export? Trade is our lifeblood. We will do whatever we can to secure more access

More information

International Business Global Edition

International Business Global Edition International Business Global Edition By Charles W.L. Hill (adapted for LIUC2016 by R.Helg) Copyright 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 9 Regional Economic Integration

More information

Contribution of the Chambers to the EU-Turkey Positive Agenda. EU-Turkey Chamber Forum Partnership Projects Kick-off Meeting

Contribution of the Chambers to the EU-Turkey Positive Agenda. EU-Turkey Chamber Forum Partnership Projects Kick-off Meeting Contribution of the Chambers to the EU-Turkey Positive Agenda EU-Turkey Chamber Forum Partnership Projects Kick-off Meeting Tuesday, January 15 th 2012 Ankara Draft speech by Mr. Arnaldo Abruzzini Secretary

More information

2009 Diplomatic White Paper

2009 Diplomatic White Paper 2009 Diplomatic White Paper Minister s Message The year 2008 was indeed a meaningful year. It marked not only the 60th anniversary of the establishment of the Republic of Korea but also the launch of the

More information

"The Enlargement of the EU: Impact on the EU-Russia bilateral cooperation"

The Enlargement of the EU: Impact on the EU-Russia bilateral cooperation SPEECH/03/597 Mr Erkki Liikanen Member of the European Commission, responsible for Enterprise and the Information Society "The Enlargement of the EU: Impact on the EU-Russia bilateral cooperation" 5 th

More information

Bosnia and Herzegovina and the new Government Strategy. A lecture by Mr. Ivan Misic Deputy Minister of Foreign Affairs of Bosnia and Herzegovina

Bosnia and Herzegovina and the new Government Strategy. A lecture by Mr. Ivan Misic Deputy Minister of Foreign Affairs of Bosnia and Herzegovina Bosnia and Herzegovina and the new Government Strategy A lecture by Mr. Ivan Misic Deputy Minister of Foreign Affairs of Bosnia and Herzegovina National Europe Centre Paper No. 6 The Australian National

More information

Imports, exports and EU-ports

Imports, exports and EU-ports Karel De Gucht European Commissioner for Trade Imports, exports and EU-ports The Hague, Netherlands, 8 September 2011 Goedemiddag dames en heren, To be honest, as trade commissioner, I often get to confront

More information

Committee: G13 Summit. Issue title: Reducing trade inequality. Submitted by: Tamás Kocsis, President of G13 Summit

Committee: G13 Summit. Issue title: Reducing trade inequality. Submitted by: Tamás Kocsis, President of G13 Summit Committee: G13 Summit Issue title: Reducing trade inequality Submitted by: Tamás Kocsis, President of G13 Summit Edited by: Kamilla Tóth, President of the General Assembly Introduction Trade: The phenomenon

More information

"The European Union and its Expanding Economy"

The European Union and its Expanding Economy "The European Union and its Expanding Economy" Bernhard Zepter Ambassador and Head of Delegation Speech 2005/06/04 2 Dear Ladies and Gentlemen, I am delighted to have the opportunity today to talk to you

More information

Submission by the. Canadian Labour Congress. to the. Department of Foreign Affairs and International Trade. Regarding

Submission by the. Canadian Labour Congress. to the. Department of Foreign Affairs and International Trade. Regarding Submission by the to the Department of Foreign Affairs and International Trade Regarding Consultations on Potential Free Trade Agreement Negotiations with Trans-Pacific Partnership Members February 14,

More information

1 Europe not choosing sides in U.S.-China trade dispute Reuters Staff - APRIL 21, 2018 / 6:42 PM / A DAY AGO WASHINGTON (Reuters) - Europe will not choose sides in the trade dispute between the United

More information

Meeting of APEC Ministers Responsible for Trade Sapporo, Japan 5-6 June Statement of the Chair

Meeting of APEC Ministers Responsible for Trade Sapporo, Japan 5-6 June Statement of the Chair Meeting of APEC Ministers Responsible for Trade Sapporo, Japan 5-6 June 2010 Statement of the Chair Introduction 1. We, the APEC Ministers Responsible for Trade, met in Sapporo, Japan from 5 to 6 June,

More information

TALKING POINTS WTO DEPUTY DIRECTOR GENERAL YI XIAOZHUN PARLIAMENTARY CONFERENCE ON WTO

TALKING POINTS WTO DEPUTY DIRECTOR GENERAL YI XIAOZHUN PARLIAMENTARY CONFERENCE ON WTO TALKING POINTS WTO DEPUTY DIRECTOR GENERAL YI XIAOZHUN PARLIAMENTARY CONFERENCE ON WTO GENEVA, WTO HQs 6TH DECEMBER 2018 Check against delivery Honorable Members of Parliament Excellencies, Ladies and

More information

Cambridge Model United Nations 2018 WTO: The Question of Free Trade Agreements in a Changing World

Cambridge Model United Nations 2018 WTO: The Question of Free Trade Agreements in a Changing World 1 Study Guide: The Question of Free Trade Agreements in a Changing World Committee: World Trade Organisation Topic: The Question of Free Trade Agreements in a Changing World Introduction: The WTO aims

More information

Welcome everyone to the kick off CWA s action for International Customer Service Month.

Welcome everyone to the kick off CWA s action for International Customer Service Month. Welcome everyone to the kick off CWA s action for International Customer Service Month. This year we are doing things a little differently. This year, we are using the month to mobilize call center workers

More information

Reviving the Mediterranean blue economy through cooperation

Reviving the Mediterranean blue economy through cooperation EUROPEAN COMMISSION Maria Damanaki European Commissioner for Maritime Affairs and Fisheries Reviving the Mediterranean blue economy through cooperation 12th Facility for Euro-Mediterranean Investment and

More information

Response to the EC consultation on the future direction of EU trade policy. 28 July 2010

Response to the EC consultation on the future direction of EU trade policy. 28 July 2010 Response to the EC consultation on the future direction of EU trade policy 28 July 2010 Question 1: Now that the new Lisbon Treaty has entered into force, how can we best ensure that our future trade policy

More information

Ambassador Kirk Announces New Initiatives for Trade Enforcement

Ambassador Kirk Announces New Initiatives for Trade Enforcement Ambassador Kirk Announces New Initiatives for Trade Enforcement July 16, 2009 Mon Valley Works - Edgar Thomson Plant Pittsburgh, PA *AS PREPARED FOR DELIVERY* Good morning. I'm so pleased to be here today.

More information

Address by Mr Nandor von der Luehe

Address by Mr Nandor von der Luehe Address by Mr Nandor von der Luehe CHAIRMAN, JOINT FOREIGN CHAMBERS OF COMMERCE IN THAILAND AT BOI CONSULTATIVE SESSION 23 JANUARY 2013 Your Excellency Prasert Boonchaisuk, Minister of Industry Khun Udom

More information

THE PRIORITIES OF THE ESTONIAN PRESIDENCY

THE PRIORITIES OF THE ESTONIAN PRESIDENCY THE PRIORITIES OF THE ESTONIAN PRESIDENCY In the beginning of July, Estonia assumed the role of the Presidency in the EU Council first time in history. No need to assure anybody that not in the easiest

More information

We Are All Border States: The importance of cross-border trade

We Are All Border States: The importance of cross-border trade We Are All Border States: The importance of cross-border trade 12th Annual International Legislators Forum Friday, June 22, 2012 Grand Forks, ND Mike Flaherty Senior Trade Commissioner Tim Cipullo Consul

More information

EPP Policy Paper 2 A Europe for All: Prosperous and Fair

EPP Policy Paper 2 A Europe for All: Prosperous and Fair EPP Policy Paper 2 A Europe for All: Prosperous and Fair Creating a Dynamic Economy The economy should serve the people, not the other way around. Europe needs an ambitious, competitive and growth-orientated

More information

European & External Relations committee International Engagement inquiry Scotch Whisky Association response January 2015

European & External Relations committee International Engagement inquiry Scotch Whisky Association response January 2015 European & External Relations committee International Engagement inquiry Scotch Whisky Association response January 2015 1. Introduction 1.1 The Scotch Whisky Association (SWA) works to sustain Scotch

More information

THE TRUTH ABOUT TRADE BEYOND THE EU. Why exiting the EU takes the UK into a world of new opportunity.

THE TRUTH ABOUT TRADE BEYOND THE EU. Why exiting the EU takes the UK into a world of new opportunity. THE TRUTH ABOUT TRADE BEYOND THE EU Why exiting the EU takes the UK into a world of new opportunity. THE TRUTH ABOUT TRADE BEYOND THE EU The Truth About Trade Beyond the EU booklet outlines the reasons

More information