EU to start free trade talks with Australia and New Zealand

BRUSSELS, The EU Foreign Affairs Council for trade affairs meeting in Brussels Tuesday authorised the European Commission to open free trade negotiations with Australia and New Zealand.

“Today’s decision to open trade talks with Australia and New Zealand sends a strong signal to both countries that we value our partnerships with them and want to strengthen our existing ties. But it is also a reminder to the world of the EU’s commitment to openness, free trade and global cooperation”, said Emil Karanikolov, minister of economy of Bulgaria, which currently holds the EU Presidency, in press statements.

The Council also gave the green light to the EU Commission’s proposals to split investment and free trade agreements in the future. The investment agreement would require approval by the EU and all its 28 member states, while trade deals will fall under the exclusive competence of the EU.

Further, the Council adopted a decision setting 23 to 26 May 2019 as the dates for the next European Parliament elections.

Source: Kuwait News Agency

EU to start free trade talks with Australia and New Zealand

BRUSSELS, The EU Foreign Affairs Council for trade affairs meeting in Brussels Tuesday authorised the European Commission to open free trade negotiations with Australia and New Zealand.

“Today’s decision to open trade talks with Australia and New Zealand sends a strong signal to both countries that we value our partnerships with them and want to strengthen our existing ties. But it is also a reminder to the world of the EU’s commitment to openness, free trade and global cooperation”, said Emil Karanikolov, minister of economy of Bulgaria, which currently holds the EU Presidency, in press statements.

The Council also gave the green light to the EU Commission’s proposals to split investment and free trade agreements in the future. The investment agreement would require approval by the EU and all its 28 member states, while trade deals will fall under the exclusive competence of the EU.

Further, the Council adopted a decision setting 23 to 26 May 2019 as the dates for the next European Parliament elections.

Source: Kuwait News Agency

EU to start free trade talks with Australia and New Zealand

BRUSSELS, The EU Foreign Affairs Council for trade affairs meeting in Brussels Tuesday authorised the European Commission to open free trade negotiations with Australia and New Zealand.

“Today’s decision to open trade talks with Australia and New Zealand sends a strong signal to both countries that we value our partnerships with them and want to strengthen our existing ties. But it is also a reminder to the world of the EU’s commitment to openness, free trade and global cooperation”, said Emil Karanikolov, minister of economy of Bulgaria, which currently holds the EU Presidency, in press statements.

The Council also gave the green light to the EU Commission’s proposals to split investment and free trade agreements in the future. The investment agreement would require approval by the EU and all its 28 member states, while trade deals will fall under the exclusive competence of the EU.

Further, the Council adopted a decision setting 23 to 26 May 2019 as the dates for the next European Parliament elections.

Source: Kuwait News Agency