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The Latest Breaking News from Valdis Dombrovskis

Macron is pushing Europe into $900 billion fight with China

The European Union’s new, tougher approach to China is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries.

The Times of India

EU commissioner, in China, calls for more balanced trade and warns that Ukraine could divide them

The European Union’s trade commissioner has called for a more balanced relationship with China, noting a trade imbalance of nearly 400 billion euros ($425 billion)

The Independent UK

EU warns China it will be ‘more assertive’ in defending interests

The European Union’s chief trade negotiator warned China on Monday during his trip to the nation that the bloc will be more forceful in upholding fair competition and defending its interests.

The Times of India

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Waiting for India’s counter proposal on investment court system: EU Trade Commissioner

EU awaits India's response to its proposal for an 'Investment Court System' as a forum for trade arbitration. EU remains world's largest trading market despite risk factors. EU-India FTA talks have made progress, with EU-India Trade & Technology Council meeting in May.

The Hindu

EU and Kenya sign trade deal in Nairobi in a move to strengthen continental ties

The European Union and Kenya signed a key trade deal on Monday as EU officials seek deeper economic ties with Africa.

Radio France Internationale

EU aims to seal Australia trade deal in a few months

Swedish Trade Minister says there is very strong support among European Union countries for a free trade deal with Australia.

The New Daily

Europe's outlook for economic growth brightens — a little

The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis

The Independent UK

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Deal reached in principle to resume Ukraine grain transit with 5 EU countries

The European Commission said on Friday it had reached a deal in principle to allow the transit of Ukrainian grain to resume through five European Union countries that had imposed restrictions.

Reuters

Negotiations with EU set to resume

Thailand and the European Union (EU) on Wednesday announced the relaunch of free trade agreement (FTA) negotiations, with the aim of concluding the talks within two years.

Bangkok Post

Thailand, EU look to resume free trade talks by March

Thailand and the European Union (EU) have agreed to restart negotiations over a free trade agreement, officials said on Thursday, nearly a decade after talks were stalled by a military coup in the Southeast Asian country.

Bangkok Post

EU trade commissioner offers Ukraine 'unwavering support'

European Union trade commissioner Valdis Dombrovskis offered Ukraine the 27-nation bloc's "unwavering support" on Friday and condemned Russia's "brutal war" on its neighbour during a visit to Kyiv.

Reuters

EU eyes cheap loan plan for 'stable' Ukraine funding in 2023

The European Union is planning to provide Ukraine with around 18 billion euros in financial aid next year to help the war-ravaged country keep its energy and health care facilities running, and to fund salaries and pension schemes

The Independent UK

European Union Demands Level Playing Field For Its EVs In The US

Asked if EU EVs could get similar subsidies as US EVs in USA, US Trade Representative Katherine Tai said she expected the sides would reach an agreement.

InsideEVs

European Union to integrate aid for Ukraine into 2023 budget

European Union finance ministers agreed on Tuesday to integrate the EU's support payments to Ukraine into its 2023 budget to make disbursements more structured and predictable, European Commission Vice President Valdis Dombrovskis said.

Reuters

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The Hindu

India and European Union discuss Free Trade Agreement, price cap on Russian oil

Commerce and Industry Minister Piyush Goyal met Executive Vice-President of the European Commission Valdis Dombrovskis in Bali.

The Independent UK

EU: US electric vehicle tax credit reduces buyers' choices

The European Union trade chief says a new U.S. tax credit aimed at encouraging Americans to buy electric vehicles could eventually backfire and limit choices for American consumers

Al Jazeera

China, EU to talk trade amid tensions over Ukraine, Xinjiang

Dialogue comes after tense EU-China summit in April ended without a joint statement.

Reuters

EU, China to hold trade dialogue amid simmering tensions

The European Union and China will hold a high-level economic and trade dialogue on Tuesday amidst tensions over a number of issues including the war in Ukraine, Xinjiang and an as yet unratified investment agreement.

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Reuters

'Amazing journey': EU accepts Croatia as 20th eurozone member

European Union finance ministers on Tuesday formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023, a move hailed as the culmination of an "amazing journey" for a Balkan nation once at war.

Asharq Al-Awsat

Russia Warns NATO-Member Lithuania over Kaliningrad Transit

Russia warned NATO member Lithuania on Monday that unless the transit of goods to Russia's Kaliningrad exclave on the Baltic Sea was swiftly restored then Moscow would take undisclosed measures to defend its national interests. With east-west relations at a half-century low over Russia's Feb. 24 invasion of Ukraine, Vilnius…

The Hindu

India, European Union resume talks for free trade agreement after over eight years

“Today we formally resume EU-India negotiations towards a free trade agreement, and begin negotiations on an investment protection agreement and an agreement on geographical indications,” EU trade commissioner Valdis Dombrovskis said

Reuters

No monologues allowed and dancing to 'I Will Survive': how the WTO's 'Geneva Package' was won

Since Ngozi Okonjo-Iweala took over as head of the World Trade Organization last year, one of her main bugbears has been the negotiating style of member countries, which she says is ineffective, inflexible and needs to change.

Asharq Al-Awsat

Algeria’s Suspension of Trade with Spain Could Violate EU Trade Law, Top EU Officials

Algeria’s decision to block trade with Spain following a diplomatic row over Western Sahara could be a violation of European Union trade law, two senior EU officials said on Friday. “The European Union is ready to stand up against any type of coercive measures applied against an EU Member State,”…

Asharq Al-Awsat

EU Warns it May Act to Defend Spain in Dispute with Algeria

Top European Union officials said Friday the bloc was treating the crisis between Algeria and Spain with the "utmost concern" and warned it was prepared to take action to defend the interests of its members. In a joint statement, European Commission executive vice president Valdis Dombrovskis and EU foreign affairs…

Reuters

EU Commission preparing more sanctions against Russia to raise pressure

The European Commission is preparing the next package of sanctions against Russia because the EU needs to increase pressure on Moscow to stop its invasion of Ukraine, Commission Executive Vice President Valdis Dombrovskis said on Monday.

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