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RSSToday, the EU and other WTO members have formally notified the ‘Multi-party interim appeal arbitration arrangement’ (MPIA) to the World Trade Organization (WTO). This notification marks the start of the application of the MPIA to disputes arising between the participating WTO members.
The European Union and Mexico concluded today the last outstanding element of the negotiation of their new trade agreement.
In a continued commitment to transparency, the EU informed the WTO about coronavirus-related EU and Member States initiatives on 24 April. These include measures to address the economic consequences of the pandemic. This follows the notification on a first round of measures on 7 April this year.
Today, the Commission published a new export authorisation scheme for personal protective equipment (PPE).
The current world health crisis will result in a decline of 9.2% in EU exports and 8.8% in EU imports from third countries in 2020, according to the EU Chief Economist note, based on the estimated decline in GDP worldwide.
Today, EU Trade Ministers held an informal videoconference to exchange views on the impact of COVID-19 on trade.
Today the European Commission started consultations with EU Member States on a draft regulation to adjust the export authorisation scheme set up on 15 March as an emergency measure that elapses on 25 April 2020.
The European Union, together with 21 other Members of the World Trade Organization, yesterday committed to open and predictable trade in agricultural and food products during the current global health crisis.
Today, the EU notified to the World Trade Organization steps it has taken aimed at supporting the fight against coronavirus. This notification follows a recent commitment by G20 members to provide full transparency of all policies that affect international trade.
Both Parties and the Panel have agreed that under the current restrictions in view of limiting the spread of Covid-19, the hearing will be postponed.