The Future of EU Trade Policy and Emerging Economies

03-07-2018

On 19 June, amfori held its 10th Trade Policy Round Table in cooperation with the European Business Organisations Worldwide Network on the future of EU Trade Agreements with emerging economies. Participants included officials from European institutions and business associations.

Main takeaways

  • There is an expectation that the EU should use its economic clout to solve problems or drive certain improvements around the globe. While this attitude may cause policy to take a bit longer to deliver, EU trade still remains value based and promotes human rights as well as global environmental and labour standards.
  • The EU decided to split its agreements after the European Court of Justice ruling on the EU-Singapore free trade agreement. This will allow the EU to implement quicker trade agreements.

amfori position

amfori will continue to advocate for a holistic EU trade policy that delivers economic prosperity for the benefit of all people and our planet. We will use our seat on the EU Expert Group for Trade Agreements to this effect and ensure that the voice for open and sustainable trade is heard.

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