The opinion will be making recommendations where weaknesses become apparent. Since the EESC proposed this opinion the European Commission has also announced a public hearing on potential EU initiative for responsible sourcing of minerals coming from conflict-affected and high-risk areas – war zones, post-war zones, and areas vulnerable to political instability or civil unrest. The opinion on essential imports could include the EESC contribution to this initiative.
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International trade is governed by a complex mixture of global rules agreed under World Trade Organization and bilateral and multilateral agreements. The free trade agreements are having a growing impact on citizens' rights. Under the Lisbon Treaty, EU trade policy must be conducted within the framework of the principles and objectives of the Union’s external action, including promotion of the rule of law, human rights and sustainable development.
We believe that this trend should be a guiding principle in EU trade negotiations and in trade relations. The fact that we at the EESC reconcile the positions and views of business, workers, professionals, farmers, consumers and other important stakeholders contributes real added value. We are in a position to efficiently relay the opinions of civil society and interest groups to international policy-makers both during negotiations and in the implementation of trade agreements. We have set up a Follow-up Committee on International trade to ensure that civil society has a say in the shaping of EU trade policy. We are also managing the Domestic Advisory groups set up under the trade and sustainable development chapters of the EU "new generation" trade agreements. These groups, composed of civil society representatives (from inside and outside the EESC) are responsible for identifying trade and sustainable development-related problems in the implementation of a trade agreement.
The EESC has played an important role in strengthening an informed civil society debate on the Transatlantic Trade and Investment Partnership (TTIP) through a number of TTIP-related opinions, adopted in 2014 and 2015, covering issues such as labour rights, investment protection, impact on SMEs, among others.
It is important under the present circumstances that the EESC, in order to maintain its position as a key civil society player in the TTIP debate, react to the textual proposals for TTIP negotiations on essential topics such as the sustainable development chapter, regulatory cooperation, investment and services. This will have the advantage not only of setting up the EESC position on major negotiating chapters but also of presenting concrete recommendations and pointing out the need to involve civil society in the implementation of those chapters.
The opinion will seek to examine how trade relations with the region can best be developed by means of a first example country, which is Morocco. Trade relations with Morocco stand out as a priority because the EU currently has the closest trade links with Morocco of all the countries in the region.
The own-initiative opinion will focus on the impact of the TTIP on SMEs and reflect on the provisions that would need to be included in the TTIP in order to take account of the specific character of SMEs in the negotiations and implementation of an eventual EU-US agreement. The opinion will also look at how to increase the awareness of SMEs as to existing support services and programmes, and particularly about the new business opportunities that may arise with this agreement.
The Information Report can serve as a tool to promote and share the rich experience of the EU and its Member States in the area of CSR with partner countries and their civil society. It can provide a basis for discussion in EESC dialogues with partner countries, as well as the Committee's contribution to the work of the monitoring mechanisms established by the recently negotiated EU trade agreements.
The European Economic and Social Committee (EESC) warns against granting China market economy status (MES) and calls on the European institutions to promote fair international competition and actively defend European jobs and European values with efficient trade defence instruments (TDIs). In its opinion, adopted at its 514th plenary session on 14th July, the EESC points to the disastrous impact a possible granting of MES to China would have on Europe's industry and consequently on Europe's labour market. The EESC insists on China's fulfilment of the five EU criteria for achieving the MES.
The EU acknowledges the increasing importance of including the EU and partner countries' companies in the GSCs. It is also emphasised that the current interdependence of the economies may further increase due to the recently negotiated and implemented EU trade and investment agreements, as well as negotiations at the WTO. The EESC also recommends cooperation between international organisations and other relevant stakeholders. This would include adopting a common language and common definitions of elements related to global value chains, GSCs and decent work, and comparison and assessment of the statistical data between the various stakeholders, such as the OECD, the International Labour Organisation (ILO), WTO, the European Commission, the World Bank and IFM. This should help avoid confusion and misinterpretation, and support elaboration of a coherent policy between diverse public bodies involved.
Draft Opinion on the Proposal for a Regulation of the European Parliament and of the Council on the safeguard measures provided for in the Agreement between the European Economic Community and the Republic of Iceland (codification)
Since the entry into force of the Lisbon Treaty, the investment policy is an exclusive competence of the European Union. The EU is aiming to include therefore in the new trade and investment agreements provisions on investor protection and investor to state dispute settlement (ISDS) which will replace existing Bilateral Investment Agreements (BIT) signed by Member States and will grant the same level of protection to all EU investors.