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International Trade

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Slow progress with Mexico

The Commission published its report from the fifth round of negotiations with Mexico. Although progress was seen in several areas, negotiations on product specific rules, particularly for textiles, did not see much movement. This does not come as a surprise, given previous reports that the appointment of Mexico’s new chief negotiator seemed to have brought on a chilling effect to the open discussions on more simplified and flexible rules of origin. Both sides are still aiming for the conclusion of modernising the agreement by the end of the year however, the slowed progress on rules of origin for textiles and in other areas could signify continued challenges and possible delays.

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EURATEX, EBCA & AAFA Joint-Statement

| EURATEX, EBCA and AAFA are opposed to the imposition of additional tariffs on Travel Goods,Travel Goods, Textiles, & Clothing products in both the EU and US

G20- Agreeing to reforming the WTO

| For the first time, all leaders agreed on the need to reform the WTO at the G20 Summit. However, the real challenge lies ahead.

The European Union gives green light for phase 2 of Brexit negotiations

| After long and arduous negotiations on 7 and 8 December, the European Commission and the UK government reached an agreement to move on to the 2nd phase of Brexit negotiations, which would involve the

Vietnam FTA: Legal scrubbing till April

| The trade agreement between EU and Vietnam may be sent for approval by Parliament and Council in April.

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