GFM Network News

EU bows to pressure, gives member parliaments say in Canada trade deal

Brussels | Reuters –– The European Commission bowed to pressure to give Europe’s parliaments the right to ratify a landmark free-trade deal with Canada, a decision meant to address public concerns but which could wreck Europe’s broader trade strategy. In the face of popular suspicion about secretive trade deals benefiting big companies, Commission President Jean-Claude

Russia demands changes to Ukraine-EU trade deal

Brussels | Reuters — Russia has demanded changes to a free-trade deal between Ukraine and the European Union, underlining that Moscow was not satisfied by a last-minute concession from the EU to delay implementing the pact at the heart of the conflict in Ukraine. In a letter to the EU trade commissioner, seen by Reuters

Deal or no deal? EU-Canada FTA seen faltering at final hurdle

Brussels/Ottawa | Reuters — Canada and the European Union are struggling to finalize a multibillion-dollar trade pact six months after political leaders said it was sealed, an embarrassment for Brussels as it seeks a far bigger deal with the U.S. Over a celebratory lunch last October, Canadian Prime Minister Stephen Harper and European Commission President

Europe removes agriculture barriers to U.S. trade talks

Reuters / The European Union dropped its ban on some U.S. meat imports Feb. 4 in a gesture aimed at starting talks on a free trade pact that would encompass about half the world’s economic output. Brussels and Washington want to deepen a relationship that accounts for a third of global trade, and ending the