Trade blocs
EU Suspends Trade Preferences for Bosnia
Bosnian farmers will now have to pay tarrifs if they want to export their produce to the EU market after January 1, after Brussels suspended a trade liberalisation deal.
"The European Parliament decided ... to suspend the trade preferences granted unilaterally by the EU to Bosnia and Herzegovina," Zora Stanic, the spokesperson of the EU delegation in Sarajevo, told BIRN on Tuesday.
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Turkey Gets EUR 3 B, Visa Waiver to Deter EU-Bound Migrants
Turkey is to get some EUR 3 B in funding, visa liberalization with the EU, and the prospect of having membership talks renewed, EU and Turkish leaders have decided at a Sunday summit.
In return, Ankara will have to stem the flow of migrants trying to cross from its borders into neighboring Southeastern European countries.
Three million migrant arrivals expected in Europe by 2017: EU
Three million migrants are expected to arrive in Europe by 2017 as they flee war and poverty in Syria and other conflict zones, with a small positive impact on the EU economy likely, the EU's executive arm said on Nov 5.
Ahead of Xi's Britain trip, China says hopes for unified EU
China hopes the European Union remains united and continues to play an important role in the world, a top Chinese diplomat said on Oct. 13 ahead of President Xi Jinping's trip to Britain, a country which will vote by 2017 on whether to leave the EU.
Decision on Schengen Bids of Bulgaria, Romania, Postponed Yet Again
The decision on Bulgaria and Romania's Schengen bids will be postponed yet again and will not be part of the agenda of the meeting of EU foreign ministers this week, according to sources close to the matter, as cited by the Bulgarian National Radio.
12 Pacific countries seal huge free trade deal
Twelve Pacific rim countries sealed the deal early Oct. 5 on creating the world's largest free trade area, delivering President Barack Obama a major policy triumph.
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Japan's Abe hails new trade era, hopes China will join pact
Japanese Prime Minister Shinzo Abe hailed a deal to create the world's largest free trade area Oct. 6 as the start of a "new century" for Asia, and expressed hope China might one day join the historic accord.
United States, 11 Pacific Rim countries reach landmark trade deal
The United States and 11 other Pacific Rim countries have agreed to an ambitious trade pact that cuts trade barriers, sets labor and environmental standards and protects multinational corporations' intellectual property.
The agreement on the Trans Pacific Partnership was reached on Oct. 5 after marathon negotiating sessions in Atlanta through the weekend.
TPP trade talks extended as negotiators struggle for a deal
Negotiations on the ambitious Trans-Pacific Partnership were to go into overtime on Oct.2 as top trade officials from 12 countries strained to craft a deal that would create the world's largest free trade zone.
How is the EU doing compared to the other great economies of the world?
The 2015 edition of the Eurostat publication “The EU in the world” compares the European Union (EU) with the 15 non-EU G-20 countries across thirteen statistical fields using a range of European and international statistics.