Andrew Bounds
@AndyBounds
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EU Trade correspondent @FT. Also Brexit, trade, politics, health and đłđ±. Read more at https://t.co/nGYGQNDej4
Brussels and 27 countries
Joined October 2010
Ukraine needs more military support asap to hold the line and get through this winter. Therefore, we create a new drone package of âŹ700 million, produced by Ukrainian and Dutch industry. Thanks to the Dutch parliament for the accelerated procedure. Ukraine can count on us!đłđ±đșđŠ
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Return to EU customs union would âunravelâ UK trade deals, Starmer warns
ft.com
British prime minister delivers his strongest rejection yet of calls to rejoin bloc
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Brussels raids Temu in foreign subsidy investigation
ft.com
âUnannounced inspectionâ comes as European Commission steps up efforts against Chinese online retailers
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Brussels is overhauling how it plans grids. Proposals published today include: âĄmore central planning âĄoverriding public interest on permitting âĄusing congestion fees to pay for cross border cables Our interview with EU energy chief @DanJoergensen
ft.com
Top-down approach will identify investment gaps and push countries to co-ordinate projects, says blocâs energy chief
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Interesting that the IMF is calling for China to fix its imbalancesâŠclearly indicating it believes the RMB needs to appreciate. Read my piece for CH to see why.
ft.com
Warning comes as EU companies complain âundervaluedâ renminbi is aiding Chinaâs exporters
đšđł | Chinaâs surging high-tech competitiveness, weak appetite for imports and undervalued renminbi have fuelled the huge surplus â but the trend is unsustainable. Read @JKynge's (@CHAsiaPacific) latest analysis for Chatham Houseâ€”ïž https://t.co/csvu6EAmbq
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EU tightening regulation of Chinese online platforms. Brussels raids Temu in foreign subsidy investigation with âŠ@BMoensâ© âŠ@pmdfosterâ© via âŠ@FTâ©
ft.com
âUnannounced inspectionâ comes as European Commission steps up efforts against Chinese online retailers
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SCOOP ⊠US-Indonesia trade deal at risk of collapse
ft.com
Washington believes Jakarta is reneging on terms of agreement signed in July
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Revealing interview with EU industry chief Séjourné by @rik_rutten on rare earths "Last month, I was supposed to go to Brazil to discuss a rare earth mine. 3 days beforehand we were told that the Americans had come, put money on the table, and bought all production until 2030"
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âVitalâ EU-Mercosur trade deal hangs in the balance days before deadline. farmers, many MEPs, some member states still trying to kill it. via @FT
ft.com
Also in this newsletter: European ministers meet to discuss migration and human rights
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Badenoch cites Brexit as âshockâ to UK
ft.com
Tory leaderâs comments come amid debate on whether Britain should rejoin EU customs union
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đŹđ§đ«đ· Rencontre Ă Londres avec @Nigel_Farage, leader de « Reform UK », actuellement en tĂȘte des intentions de vote au Royaume-Uni. Nous avons Ă©voquĂ© lâamitiĂ© entre nos deux Nations et les dĂ©fis communs quâil nous faudra relever, Ă commencer par le retour Ă la prospĂ©ritĂ©
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Last week, the EU extended its human rights sanctions on China for another year, keeping in place the 2021 measures against four individuals and a Xinjiang entity over human rights violations in Xinjiang. https://t.co/7Zu2hK8o9n
consilium.europa.eu
The Council decided to prolong restrictive measures against individuals and entities responsible for serious human rights violations and abuses in various countries worldwide, until 8 December 2026.
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Wow - seems Germans not in the first batch of granted rare earth export licenses by China Johann Wadephul on his visit to China, asked if German companies received licenses: "We have received signals but there is still quite a lot of work to be done" https://t.co/LKdMD4eqBz
reuters.com
German Foreign Minister Johann Wadephul appealed on Monday for an end to the uncertainty that has hit vital deliveries of Chinese semiconductors and rare earths to European manufacturers.
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Brussels delays âmade in Europeâ plan after backlash from countries led by @CZtoEU_Brussels and Commission departments https://t.co/pW87sbZPsU via @financialtimes @alicemhancock
ft.com
Proposal seeks to dictate minimum levels of domestic content for products such as cars to cut China reliance
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EU to review tariffs on Volkswagenâs EVs made in China - could spark a reaction from others who also offered minimum price undertaking but been ignored . With @SebastienAsh
https://t.co/fhGbAhX6zz via @financialtimes
ft.com
Move could offer German carmaker respite from anti-subsidy measures
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â ïž Major news: the @EU_Commission proposes to add Russia to the #AML/CFT list of high-risk third countries. This is a key step to ensure EU financial and non-financial operators apply stricter checks when dealing with Russian entities. https://t.co/5p8RFhXXzi
ec.europa.eu
Today, the European Commission has listed Russia as a high-risk country with strategic deficiencies in its anti-money laundering and counter-terrorist financing frameworks (AML\/CFT).
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A sneak preview of the EUâs Industrial Accelerator Act, which those working on it have branded the âDraghi Lawâ and playing China at its own game: https://t.co/LYjjFidXqR w/ @AndyBounds
ft.com
Policy would force EU companies to buy certain products domestically in an effort to cut reliance on China
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This is a true story. Prepare to be shocked. And you donât see many toys flown in direct from China via online play with these âŠ@beucâ© By. âŠ@rmilneNordicâ© via @FT
ft.com
Small, often invisible barriers to trade affect products from businesses across Europe, including a fluffy Ikea pachyderm
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