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EU launches negotiations to deepen trade relations with Eastern and Southern Africa countries

By 2 Mins Read

On 2 October, 2019, in Mauritius, the EU started negotiations with five Eastern and Southern Africa partners (so-called ESA: Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe) to deepen the existing Economic Partnership Agreement. Given the positive results generated by the current agreement, now in its 8th year of implementation, the five countries have declared their readiness to move beyond trade in goods, towards a more comprehensive agreement. The EU has welcomed this step, especially in the context of…

WTO Authorizes US Tariffs in Boeing/Airbus Arbitration Decision

By 5 Mins Read

by Kevin O’Brien, Rod Hunter, Christine Streatfeild and Ross Denton On October 2, 2019, the World Trade Organization (WTO) issued an arbitration decision in European Communities and Certain Member States – Measures Affecting Trade in Large Civil Aircraft, WT/DS316/ARB. The decision authorizes the United States to impose $7.5 billion in tariffs on EU imports for EU subsidies to Airbus, making the ruling the largest in the WTO’s history and providing a partial conclusion to one…

US – USTR posts “EU Large Aircraft” Sec. 301 Final Product List for additional tariffs

By 3 Mins Read

On October 2, 2019, the Office of the US Trade Representative (USTR) announced that the United States has requested that the WTO schedule a meeting on October 14 to approve a US request for authorization to take countermeasures against the EU in connection with the arbitrator’s decision in the WTO dispute entitled “European Communities and Certain member States — Measures Affecting Trade in Large Civil Aircraft” (DS316). Earlier in the day, the WTO announced that…

WTO –Arbitrator rules US is entitled to countermeasures worth $7.5 billion annually from EU for Airbus subsidies

By 1 Min Read

On 2 October 2019, the WTO announced that a WTO arbitrator issued its decision on the level of countermeasures the United States may request with respect to the European Union and certain EU member states in “European Communities and Certain member States — Measures Affecting Trade in Large Civil Aircraft” (DS316). The Arbitrator ruled that the US United States may request authorization from the DSB to take countermeasures with respect to the European Union and…

UK – Parliament passes Bill to request a Brexit extension without a deal

By 1 Min Read

On 4 September 2019, the House of Commons passed a Bill (327 in favor to 299 against) that requires the Prime Minister, Boris Johnson, to seek an extension from the EU if he cannot obtain a withdrawal agreement by 19 October. The extension would effectively preclude a “no-deal” Brexit and ensure continuity. The House of Lords passed the Bill on a voice vote on 6 September 2019, after defeating an amendment (283-28) that would have…

Belgium – Blocking Regulation – Risk Alert Update

By 4 Mins Read

On 21 May 2019, the Belgian Act of 2 May 2019 (Numac : 2019012449) including various financial provisions was published in the Belgian Official Gazette. Title VII The aforementioned act contains a Title VII, implementing the EU Blocking Regulation 2271/96 in Belgium. Under the EU Blocking Regulation, the EU operators are in principle prohibited from complying with the (U.S. Iran – Cuba) sanctions, as specified in its annex. They can, however, be authorised to comply…

US – President issues Proclamation related to national security Sec. 232 auto/auto parts investigation – orders pursuing negotiations

By 3 Mins Read

On May 17, 2019, President Trump signed a Proclamation Adjusting Imports of Automobiles and Automobile Parts Into the United States under Section 232 the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). The Proclamation states that the Secretary of Commerce’s (the Secretary) Section 232 report on his investigation into the effects of imports of passenger vehicles (sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans) and light trucks (collectively “automobiles”) and certain…

EU adjusts CDSOA additional duties for certain US products

By 1 Min Read

Commission Delegated Regulation (EU) 2019/673 of 27 February 2019 amending Regulation (EU) 2018/196 on additional customs duties on imports of certain products originating in the United States of America was published on 30 April in the Official Journal.   As a result of the United States’ failure to bring the Continued Dumping and Subsidy Offset Act (CDSOA) in compliance with its WTO obligations, the EU had imposed additional duties on certain US products. Over the years,…