Brexit – What changes for the businesses with the trade and cooperation agreement?
On 1 January 2021, the United Kingdom left the EU Single Market and Customs Union, and all EU policies. This will bring far-reaching changes, affecting citizens, businesses, public administrations and stakeholders in both the EU and the UK. A new “Trade and Cooperation Agreement” was reached end of December 2020 to govern their future relations […]
The main EU trade partners in the 2019 report on EU Free Trade Agreements
The European Commission reports annually on the implementation of its main trade agreements in the preceding calendar year. The EU’s 4th FTA implementation report provides an overview of achievements in 2019 and of outstanding work ahead for the EU’s 36 main preferential trade agreements. The accompanying staff working document contains detailed information as per trade […]
India: new business opportunities for 5 sectors in post Covid-19
Impact of COVID-19 on EU businesses in India in sectors of on-going EU-India policy dialogues The on-going pandemic has significantly disrupted the global economy, including the business ecosystem for EU companies in India. Given the persisting uncertainty, processing, analysing and applying relevant information can be instrumental for businesses to effectively mitigate risks and alter their […]
How are you getting ready for the end of the Brexit transition period?
After the decision to leave the European Union, the United Kingdom and the EU have agreed on a transition period, which will last until 31 December 2020. The end of such period will have major consequences for European businesses trading with the UK. For instance, tax and customs procedures will change. Therefore, small businesses and […]
Joint statement of the United States and the European Union on a tariff agreement
The agreement on a package of tariff reductions that will increase market access for hundreds of millions of dollars in U.S. and EU exports has been in force since 1st August 2020. These tariff reductions are the first U.S.-EU negotiated reductions in duties in more than two decades. Under the agreement, the EU will eliminate […]