The European Commission has proposed the full resumption of the EU-Syria Cooperation Agreement, marking a significant step in normalizing trade and economic relations with Syria. This agreement covers trade and cooperation frameworks between the EU and Syria. The proposal would restore preferential trade arrangements that had been suspended.
Country/Institution Archives:Eu
EU and US launch strategic partnership on critical minerals
The EU and US signed a Memorandum of Understanding (MoU) establishing a strategic partnership on critical minerals, accompanied by an EU-US Critical Minerals Action Plan. The agreement formalizes bilateral cooperation on securing critical mineral supply chains. Details of specific commitments or measures under the Action Plan are not provided in the snippet.
New Generalised Scheme of Preferences approved for application in 2027
The European Parliament has voted to approve the new EU Generalised Scheme of Preferences (GSP), completing the legislative process for the scheme’s entry into application on 1 January 2027. The GSP provides preferential tariff access to developing countries exporting to the EU. This represents a significant update to the EU’s unilateral trade preference framework.
EU-Mercosur Interim Trade Agreement Enters Provisional Application
The EU-Mercosur Interim Trade Agreement (ITA) begins provisional application on 1 May 2026, enabling EU producers, exporters, and farmers to immediately access the deal’s benefits. This marks a major milestone in one of the world’s largest FTAs, covering trade in goods, tariffs, and market access between the EU and Mercosur bloc.
EU Commission imposes anti-dumping duties on adipic acid imports from China
The European Commission has imposed anti-dumping duties on imports of adipic acid originating from the People’s Republic of China. This action targets unfairly traded imports into the EU market.
Commission welcomes political agreement on implementation of EU-US trade deal
The European Commission welcomed a political agreement between the European Parliament and Council on two Regulations to eliminate tariffs on all US industrial goods and grant preferential market access for certain US agricultural and seafood products. This implements the EU-US trade deal framework. The agreement covers both tariff elimination and agricultural/seafood access provisions.
EU and Mexico Sign Modernised Global Agreement and Interim Trade Agreement at Historic Summit
The EU and Mexico signed the Modernised Global Agreement (MGA) and an interim Trade Agreement (iTA) at a bilateral summit. This represents a significant upgrade to the existing EU-Mexico trade relationship. Details of tariff schedules, market access commitments, and other provisions are expected within the full agreement text.