International trade

Borrell calls for strengthening of Operation Irini

EU foreign policy head Josep Borrell on Tuesday called for the strengthening of Operation Irini, the bloc's naval mission in the Mediterranean Sea aimed at enforcing the UN arms embargo on Libya.
"Operation Irini has hailed ships, since it was launched, on more than 130 occasions," Borrell said after a videoconference of EU defense ministers.

President Trump is Preparing for the Withdrawal of the United States from the WTO and WHO

US President Donald Trump revealed Monday night that the country is ready to withdraw from the World Health Organization (WHO) and the World Trade Organization (WTO). Trump said it would make the final decision by the end of this week.

The president noted that he was dissatisfied with the work of both organizations, claiming that his country had been "abused" by both.

Lesson No 1 From Pandemic – We’re all Interdependent

It has tracked our globalizing world, following trade and tourist routes, leaving only distant and disconnected places untouched.

Technological progress has helped it travel faster. Instead of months or years, as pandemics used to take in the 14th century, it now takes only weeks to spread from one corner of the planet to another.

Eurostat: EU Exports of Services to Countries outside of the EU Valued at €945 Billion

In 2018, EU exports of services to countries outside of the EU were valued at €945 billion, while extra-EU imports were valued at €795 billion. Over the last decade, EU ran a trade surplus for services, with a peak in 2018 at €149 billion, Eurostat data showed.

The United States has Excluded 47 Goods from the List of Chinese Products Subject to Customs Duties

The United States has temporarily excluded 47 goods from the list of Chinese products subject to customs duties, which was announced in September 2018, TASS reports.

This is stated in a statement published in the electronic database of the US Federal Register (a collection of official documents of the US Government). The exceptions will apply until 7 August 2020.

Protest in Sofia against the Ratification of CETA

A protest against the ratification of CETA - the trade agreement between Canada and the European Union.

The Comprehensive Economic and Trade Agreement (CETA) is a free-trade agreement between Canada and the European Union. It has been provisionally applied, thus removing 98% of the preexisting tariffs between the two parts.

Trump Has Signed a Trade Pact with Canada and Mexico

He promises a "glorious future" for the US industry.

President Donald Trump has signed a new North American trade pact with Canada and Mexico, promising a "glorious future" for US industry.

The treaty, drafted during the years of negotiations between the three countries, replaces the 1994 North American Free Trade Agreement or NAFTA.