Cecilia Malmstrom

Former EU Commissioner and socialist minister Anna Diamantopoulou is one of five candidates left in the race to become the next head of the Organization for Economic Co-operation and Development (OECD).

Estonia's President Kersti Kaljulaid and Canada's ex-finance minister Bill Morneau on Tuesday announced their decision to withdraw from the race.

The United States made an announcement that it will impose new customs duties on goods from the European Union. They take effect in 2 weeks. French wines, Scotch whiskey, Italian cheeses and many other goods will be subject to a 25% duty. Countermeasures are already being prepared in Europe.

The World Trade Organization (WTO) is in a difficult situation at the moment, and swift action is needed for this entity not to fall apart, Cecilia Malmstrom, European Commissioner for Trade told on Friday a joint press conference held at the Parliament Palace with the Minister for the Business Milieu, Commerce and Entrepreneurship, Stefan-Radu Oprea.

The World Trade Organization (WTO) needs to be reformed urgently and needs to be strengthened, because at present it is incapable of making decisions, European Commissioner for Trade Cecilia Malmstrom said Thursday in Bucharest. The European representative warned that should the WTO collapse, there would be catastrophic consequences in the economy.

The Trade Ministers of the EU gather in Bucharest between 21 and 22 February, at the informal meeting that will be chaired by Business Environment, Trade and Entrepreneurship Minister Stefan-Radu Oprea, in the context of Romania's Presidency at the EU Council.

Brnabic said after the meeting that she felt "support and gratitude to Serbia during her visit to Brussels for not imposing countermeasures against Pristina, which in particular contributed to regional stability."

The announced topics of the meeting are Serbia's EU path and the latest developments in the Western Balkans region.

After meeting with Tusk, Vucic will attend a joint lunch of Western Balkan leaders, organized by EU foreign policy chief Federica Mogherini.

Brnabic will meet with European Commission President Jean-Claude Juncker and EU Trade Commissioner Cecilia Malmstrom.

EU foreign policy chief Federica Mogherini, and commissioners Cecilia Malmstrom and Johannes Hahn, in their new letter, state that Haradinaj's unilateral actions jeopardize the progress made so far in the Belgrade-Pristina dialogue.

Brnabic will chair a meeting of the Stabilisation and Association Council between Serbia and the European Union, the government announced on Monday.

The European Parliament on Wednesday approved an accord with Japan that has been dubbed the world's biggest trade deal, covering economies that represent a third of the world's GDP, reports AFP.