EU Partially Withdraws Preference Treatment from Cambodia

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On February 12th, 2020, The European Union (EU) moved forward with a partial withdrawal of preferential tariff treatment from Cambodia due to human rights abuses.

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Topics: Europe

Brexit: The Transition Period and Future Trading Relationship

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Following a decisive win by the conservative party in a recent UK General Election, on December 20th, 2019 the UK House of Commons approved the Withdrawal Agreement Bill (WAB) governing the UK’s departure from the European Union (EU). In parallel, the bill was approved by European Parliament on January 29th, 2020.

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Topics: Europe, Brexit

EU-Singapore Free Trade Agreement

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The EU-Singapore Free Trade Agreement went into effect on November 21st, 2019. This is the European Union's first bilateral trade agreement with a Southeast Asian country. This agreement removes tariffs in trade between the EU and Singapore.

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Topics: Europe

Proposed US Tariffs on French Products

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On December 6th, 2019 the United States Trade Representative (USTR) proposed the imposition of up to 100 percent ad valorem additional duties on a preliminary list of products from France. These include cheese, cosmetics, handbags, sparkling wines, porcelain, and enamelled households articles, the list can be found here.

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Topics: Europe

The Brexit Deal: 5 Things You Need to Know

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Parliament in the United Kingdom is currently debating approval of the Withdrawal Agreement Bill (WAB) that outlines a potential future relationship between the United Kingdom and European Union after Brexit.

The UK has requested that the European Union extend the Brexit deadline to January 31, 2020, in order to properly scrutinize this bill. Additionally, the Prime Minister has called for a general election to occur in December, if an extension is granted. 

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Topics: Europe, Brexit