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On line shopping across EU to be made easier

May 25, 2016 11:53 AM
By Peter Morris, European Movement

COMMISSION TO PRESENT SIX DIGITAL SINGLE MARKET INITIATIVES TODAY: The initiatives will focus on making it easier to buy and receive goods and access content from other countries, as well as new rules for the audiovisual sector such as requiring online platforms like Netflix to carry at least 20 percent European content. Politico reports: http://www.politico.eu/pro/the-commissions-digital-day-of-reckoning/

A survey by German newspaper FAZ [Frankfurter Allgemeine Zeitung] published Tuesday shows that 85 percent of German economists want the U.K. to remain a member of the EU, reports Politico Morning Trade. Only 10 percent of the respondents support Brexit: https://dub129.mail.live.com/?tid=cmCeGJBTYi5hGe4wAiZMHXJA2&fid=flinbox

In a bid to increase the transparency of ongoing trade talks, the European Commission published two new TTIP documents, among them a brief on the 13th round of TTIP [Transatlantic Trade and Investment Partnership] talks, reports Politico Morning Trade. The 19-page document underlines earlier reports that the latest round of talks in late April focused mainly on simplifying technical regulations and common rules for trade and reducing tariff lines, while significant gaps remain on more controversial issues such as public procurement, geographical indications and the investor-state dispute settlement: https://dub129.mail.live.com/?tid=cmCeGJBTYi5hGe4wAiZMHXJA2&fid=flinbox

EU, JAPAN AIM FOR FREE TRADE DEAL, ASAP: The EU and Japan will issue a statement at the upcoming G7 Summit, reaffirming their "strong commitment to reach an agreement in principle as early as possible in 2016," according to a draft statement, the Japan Times reports, picked up by Politico Morning Trade: https://dub129.mail.live.com/?tid=cmCeGJBTYi5hGe4wAiZMHXJA2&fid=flinbox

The European Commission has approved the acquisition of the world's second biggest brewer, SABMiller, by world leader AB InBev, reports EUobserver. AB InBev agreed to sell off SABMiller brands in several EU countries in order to avoid a dominant position in Europe and higher prices for consumers: https://euobserver.com/tickers/133532

The European Parliament's International Trade Committee (INTA) voted to adopt the draft recommendation on the expansion of trade in information technology products (ITA), reports Politico. The ITA expansion reforms a previous agreement signed in 1996 to include 201 additional products - worth a total of $1.3 trillion in trade per year .Products on the new list include everything from GPS navigation systems to video games all the way to medical equipment, a growing part of word trade: https://dub129.mail.live.com/?tid=cmysMEx44h5hGHbgAjfeP05g2&fid=flinbox

The European Parliament's International Trade Committee voted 30 to 4, with two abstentions, to adopt a resolution to grant an additional €500 million to Tunisia to help its ailing economy, which has suffered from production disruptions and terrorist attacks, reports Politico: https://dub129.mail.live.com/?tid=cmIcD5Tooh5hGAUwAiZMIITA2&fid=flinbox

Courtesy of Peter Morris, European Movement in North East