The CDU, Germany’s centre-right party, remains largest force in parliament after yesterday’s national election, leading Chancellor Angela Merkel into her fourth term. The election results were overshadowed by the gains of AfD, a far-right party founded in 2013. The party gained momentum after Merkel’s decision to take in one million refugees in 2015/2016. It is... View Article

Following the State of the Union speech by President Jean-Claude Juncker, the European Commission yesterday unveiled a package of trade and investment proposals for an ambitious trade agenda. The proposals include draft mandates to open trade negotiations with Australia and New Zealand. General objectives of both mandates include: promoting smart, sustainable and inclusive growth through the... View Article

The European Council has published the directives given to the European Commission to negotiate a trade agreement with Japan on 14 September. In 2012, the European Council gave a mandate to the European Commission to start trade negotiations with Japan. At the EU-Japan summit in July 2017, both parties reached agreement in principle on the... View Article

Jean-Claude Juncker, President of the European Commission, said in his State of the Union speech on 13 September: “On 29 March 2019, the United Kingdom will leave the European Union. This will be a very sad and tragic moment. We will always regret it. But we have to respect the will of the British people,”... View Article

Three quarters of European businesses active in ASEAN expect an increase in ASEAN profits for 2017, according to the 2017 EU-ASEAN Business Sentiment Survey. As a result, 94 per cent of the respondents plan to expand or maintain their current levels of operations and headcount in the ASEAN. The survey, published today by the EU-ASEAN... View Article

“We should not ignore problems arising from economic globalization or just complain about them,” said China’s President Xi Jinping at the 9th BRICS Summit held in Xiamen, China earlier this week. “Rather, we should make joint efforts to find solutions. To this end, we should promote the building of an open global economy, advance trade... View Article

Lord Price has resigned as one of the three junior Ministers for the UK Department of International Trade under Secretary of State Liam Fox. Greg Hands, previous Minister of State for Trade and Investment, now takes on Lord Price’s responsibilities and will have overall responsibility for the trade policy portfolio. This includes taking the Trade... View Article

On 16 August, China’s State Council officially released Circular No. 39, titled ‘Notice of the State Council on Several Measures of Promoting Foreign Investment Growth’. The circular urges the government to build a legal, international and convenient environment for foreign businesses, with a focus on further lifting limitations on foreign capital; formulating supportive policies on... View Article

On his first trip to Asia, Mark Field, Minister for Asia and the Pacific at the Foreign and Commonwealth Office, has visited China, Hong Kong, South Korea and will next go to Singapore. In China, he met with China’s Foreign Minister Wang Yi in Beijing. According to China’s Foreign Ministry, Wang Yi said that the... View Article

The European Investment Bank (EIB) has agreed to help finance a large-scale windfarm in Mongolia as part of the country’s plans to embrace renewable energy. In cooperation with the European Bank for Reconstruction and Development, French energy company ENGIE, German industrial services provider Ferrostaal, and the Danish Climate Investment Fund, the EIB has pledged more... View Article