EU Trade

🇪🇺 💿 During this mandate we've had some absolute trade bangers. Here they are served on a silver (uh, vinyl!) platter for you; click through some of our greatest hits below 🎧 Which is your favourite? ⏩ The renewed EU trade strategy, set out at the beginning of this Commission, has three important pillars: open, sustainable and assertive. Over the coming weeks, we're celebrating the achievements and legacy of that trade policy during this Commission's mandate. ⏩ The strategy builds on the EU's openness to contribute and support the green and digital transformations of the EU's economy, as well as a renewed focus on strengthening multilateralism and reforming global trade rules to ensure that they are fair and sustainable. ⏩ The EU has taken a more assertive stance in defending its interests and values during this mandate, expanding its trade defence toolbox and updating its enforcement policy. 🇪🇺 In other words: the EU is stepping up its efforts to ensure that its agreements deliver the negotiated benefits for its workers, farmers and citizens. #EUTrade #TradePolicy #GreatestHits

🇪🇺💚🇳🇿 Thanks to the EU-New Zealand Free Trade Agreement, EU farmers will have easier access to the New Zealand market and more opportunities to sell their products. ✅ All import tariffs on EU agri-food exports will be fully eliminated from day one of entry into force of the FTA. Tariffs will go down to zero on all products, including for key EU export products, such as: 🥓 Pigmeat 🍷 Wine and sparkling wine 🥗 Pet food 🍫 Chocolate, sugar confectionary and ice cream 🧀 Dairy products, including cheeses 🍾 EU farmers will benefit from the elimination of tariffs on key EU exports such as pig meat, wine and sparkling wine, chocolate, sugar confectionary and biscuits. The agreement protects the full list of EU wines and spirits (close to 2,000 names), such as Prosecco and Champagne, as well as 163 of the most renowned traditional EU products (Geographical Indications), such as Feta cheese, Istarski pršut ham and Lübecker Marzipan. 🇪🇺💚🇳🇿 Meanwhile, sensitive EU agricultural products such as beef, sheepmeat and dairy products are protected with carefully designed tariff rate quotas. Get all the facts on our dedicated webpage 👉https://europa.eu/!bHnBrJ #EUTrade #NewZealand #AgriFood

🇪🇺💚🇳🇿 The EU-New Zealand trade deal makes it easy for EU businesses to sell their goods. The deal is especially great for SMEs, the backbone of the European economy. Have a look 👇 🇳🇿💚🇪🇺 The agreement removes duties on all EU goods exported to New Zealand at its entry into force, including on food and drinks and particularly high duties on industrial products. It also eliminates or substantially reduces EU duties on most New Zealand goods exported to the EU. 🇪🇺💚🇳🇿 The agreement explicitly addresses the specific needs of small and medium-sized enterprises (SMEs) in a dedicated chapter. It requires both parties to provide information on market access on a specific SME website. The agreement also creates a 'SME Contact Point' in both the EU and in New Zealand, to make trade information easily accessible so that companies can enjoy all the benefits of the agreement. 🇳🇿💚🇪🇺 We've put together a website about the benefits of the EU-New Zealand trade agreement. You'll find detailed, practical information on business opportunities for ✅ farmers ✅ investment ✅ services & digital trade And much more. 👇 https://europa.eu/!bHnBrJ #EUtrade #EUNewZealand #BusinessOpportunity

🇪🇺🤝🇨🇷🇸🇻🇬🇹🇳🇮🇭🇳🇵🇦 The EU-Central America Association Agreement is now fully into force. We know it’s working for people and businesses already. It will continue to do so. The agreement between the EU and the Central American countries of Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama deliver economic growth and strengthen cooperation with the Central American countries. Total trade between the EU and Central American countries increased steadily from 8.7 billion euro in 2012 to an all-time high of 22 billion euro in 2023, a massive increase of 154%. The Agreement establishes a transparent and predictable environment, providing legal certainty for EU operators and investors in the region. Here's to many more fruitful years! #EUTrade #CentralAmerica #TradeAgreement

🇪🇺🌍 Check out the line-up for our legacy tour 👇🤟 A tour of all of our achievements this mandate From closing sustainable trade deals to opening new markets and making sure trade commitments are kept: it's been an eventful mandate for EU trade. More dates, facts, events and merch are dropping soon. Join in on the fun in the comment section if you've been a part of this legacy! Let's make some noise! #EUdelivers #EUTrade

🇪🇺🎙️ Hungry for more of our trade podcast Trade Off? Well then perhaps this latest episode can whet your appetite. Because we'll be talking food. Trade in food and food in trade. Scrumptious! Beef is often perceived as the biggest bone of contention in trade agreements. But trade in agriculture is about so much more. Take dairy – cheeses, butter or cream from Europe are consumed around the globe, and a major source of income for the whole European dairy sector. Interested in understanding how this equation works? Three experts discuss trade, agriculture and the realities of the French dairy sector. Tune in now on your favourite podcast platform. https://europa.eu/!Mb3tjF #TradeOff #Podcast #EUTrade

🇪🇺💚🇳🇿 Trading with New Zealand just got a lot cheaper and easier. The EU-New Zealand trade deal goes into effect today. Have a look behind the scenes 👇 EU businesses, producers and farmers are now able to take advantage of a host of new opportunities to export their products to New Zealand. The deal is expected to cut some €140 million a year in duties a year for EU companies.  EU business can now take advantage of benefits   💚 Zero tariffs on EU exports to New Zealand.   💚 A more open New Zealand services market in key sectors such as financial services, telecommunications, maritime transport and delivery services.   💚 Non-discriminatory treatment of EU investors in New Zealand.   💚 Improved access for EU companies to New Zealand government procurement contracts for goods, services, works and works concessions.   💚 A dedicated chapter to help small businesses’ exports.  💚 Significantly reduced compliance requirements and procedures.  This landmark agreement also includes unprecedented sustainability commitments, including respect of the Paris Climate Agreement and core labour rights. Find out all you need to know and more on our dedicated webpage: https://europa.eu/!bHnBrJ #NewZealand #TradeAgreement #EUTrade

🇪🇺🇨🇦 We are proposing new rules to save SMEs time and money when trading with Canada. 👇 The new rules simplify dispute resolution procedures for SMEs, making it easier for them to access CETA's investment court system. 🇪🇺🇨🇦 The new rules will introduce an expedited procedure for dispute resolution under CETA, to which SMEs and natural persons, as well as claims below a certain level, will have preferential access. It will be possible for these litigations to be heard by a one-member – instead of a three-member – tribunal, and timelines will be shorter. A further streamlining of the rules to improve access of SMEs will be possible following regular reviews. 🇪🇺🇨🇦 The new rules will also contain built-in protections for the State (as the defendant), to ensure that the expedited procedure is used by those who need it most and to avoid abuse. The Commission’s proposal will now go to the Council for approval. Get all the facts: https://europa.eu/!ffdcjB #CETA #Trade #SMEs

🇪🇺🌱 How can export finance contribute to the road to Net-Zero? Here are 3 takeaways from our conference 👇💚 💚 Export credit support for fossil fuel projects is going down, and fast. And the support to clean energy is going up. EU export credit support for the fossil fuel energy sector has fallen by 80% since 2019. The support for renewable energy on the other hand has grown by 75%. This is a major achievement, and we must continue in this direction to reach net-zero by 2050. 💚💚 More and more EU member states are taking concrete step to phase out export credits to fossil fuels. But there's always room for improvement. So far, 15 Member States have published their national plans for phasing out official export finance in the fossil fuel energy sector and they are set to increase project-based transparency on fossil fuel transactions. The Commission encouraged Member States which have not yet adopted a national phase out plan to develop ambitious and science-based policies as soon as possible and encourages all Member States to make their plans public. 💚💚💚 The path forward to Net-Zero is forged nationally but also internationally. We believe that scientific evidence underpins the necessity to shift investment patterns away from fossil fuels towards climate-neutral projects. This is why we will continue to push at the OECD for a ban on export finance for projects in the whole fossil fuel energy sector and for the scaling up of support to clean energy. After hearing from experts across the development and export finance communities, the conclusion is clear: advancing further at the national level, coupled with stronger international cooperation, will be critical to reach climate goals. If public financial actors show the right example, private financial actors will follow. EU Trade is a partner in climate action. Let's get to work. #EUTrade #ExportFinance #NetZero

🇪🇺🇩🇪 Great to be at the Hannover Messe in Germany to hear from the business and industry community what the EU can do for them. And of course, to explain how we are supporting businesses to go global. Supporting EU companies is the core business of the Chief Trade Enforcement Officer. The CTEO makes sure that 🔸 that countries the EU has trade agreements with meet the commitments they make 🔸 trade info is easily accessible through our information portal Access2Markets - go check it out! 🔸 that our trade defence work functions at its best, from overseeing the different stages of investigations to assessing complaints to imposing measures The CTEO tour of EU member states continues, we call it Market Access Days. It's the perfect moment to talk about the advantages and possibilities of the EU's vast network of trade agreements. Come find us, let's talk trade. #EUTrade #HannoverMesse #EUatHM24