Communication ‘Trade for all – Towards a more responsible trade and investment policy’

Author (Corporate)
Series Details COM (2015) 457
Publication Date 14/10/2015
Content Type

Summary:

Communication published by the European Commission on 14 October 2015, in which an updated approach regarding external trade and investment is unveiled.

Further information:

The Communication defends a trade policy which improves conditions for citizens, consumers, workers and the self-employed, small, medium and large enterprises, and the poorest in developing countries, and addresses the concerns of those who feel they are losing out from globalisation. It argues that the policy must deliver growth, jobs and innovation, but it must also be consistent with the principles of the European model. It must be effective at actually delivering economic opportunities. It must be transparent and open to public scrutiny. It must promote and defend European values.

The trade strategy embraces sectors which go well beyond goods. It acknowledges the importance of cross-border trade in services and that trade policy - combined with development cooperation - can become a powerful engine of growth in developing countries. It reaffirms the EU's commitment to sustainable development in its trade policies and calls for a trade policy which is able to reinforce the functioning of the EU internal market by linking its rules with the global trade system.

Source Link http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2015:497:FIN
Alternative sources
  • http://trade.ec.europa.eu/doclib/docs/2015/october/tradoc_153846.pdf
Related Links
News
EurActiv, 23.03.15: Commission to reframe 'geopolitical' trade strategy http://www.euractiv.com/sections/trade-society/commission-reframe-geopolitical-trade-strategy-313207
EurActiv, 14.10.15: Commission plays ‘pivot to Asia’ trade card http://www.euractiv.com/sections/trade-society/commission-plays-pivot-asia-trade-card-318468
EurActiv, 12.11.15: North-South divide in new EU trade strategy, says rapporteur http://www.euractiv.com/sections/trade-society/north-south-divide-new-eu-trade-strategy-says-rapporteur-319380

Official
European Commission: Press Release, 14.10.15: Trade for All: European Commission presents new trade and investment strategy http://europa.eu/rapid/press-release_IP-15-5806_en.htm
European Commission: Q & A on 'Trade for all', the Commission's new trade & investment strategy http://europa.eu/rapid/press-release_MEMO-15-5807_en.htm

Subject Categories
Subject Tags ,
International Organisations