27 oct 2017
BusinessEurope Rusia-US

CEOE participated in BusinessEurope’s Russian and US working groups

The Director of the General Directorate for Commerce, Ignacio García Bercero and Ukraine’s Deputy Director of Coordination from the General Directorate for Russia, CEI, Ukraine, Western Balkans, EFTA, EEA and Turkey, Jane Amilhat, took part in the event.

CEOE participated in BusinessEurope’s Russian and US working groups, which were held on October 26 in Brussels. During the first meeting, which also saw the participation of the Director of the General Directorate for Commerce, Ignacio García Bercero, the current state of trade relations between the European Union and the United States was analysed. These trade relations began a new phase when Trump became the new US President. 

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They also addressed, among other issues, the proliferation of anti-dumping measures applied to European products; the forthcoming publication of reports related to excessive trade deficits, the public procurement market and the steel industry; the renegotiation of the North American Free Trade Area and the appointment of people who fill those vacancies left in the WTO's appellate body.

Likewise, possible areas of cooperation between the EU and the new US Administration were considered, which could be summarized in three major blocks: emerging countries, the World Trade Organization and regulatory cooperation in areas where substantial progress has been made during the negotiations of the Transatlantic Trade and Investment Agreement (TTIP).

During the second meeting, also attended by Ukraine’s Deputy Director of Coordination from the General Directorate for Russia, CEI, Ukraine, Western Balkans, EFTA, EEA and Turkey, Jane Amilhat, they talked about the sanctions approved by the United States government last August 2, and, specifically, about the implications for the activity carried out by European companies that operate in certain energy projects in which Russia also participates.

Moreover, they also addressed the growing number of trade barriers that hinder trade with Russia. These measures could be summarized into: higher tariffs, the increasing problems experienced by foreign or importing companies who try to access the procurement market of Russian public companies and the subsidy of exports of goods manufactured in Russia.