An effective solution for taxation of businesses in the digitalised economy should be found at the global level, to prevent further unilateral action and to ensure sustainable growth, investment, tax certainty and fairness, international tax experts and civil society representatives stated at a hearing held by the European Economic and Social Committee (EESC) on 29 January.
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 condition of the European economy, completing the Single Market, trade and Brexit – these are the top issues for European employers' organisations in the forthcoming months. On 29 March 2017, the Directors-General and Secretaries-General of BusinessEurope, EuroCommerce and Copa-Cogega presented their priorities and debated with the members of the EESC Employers' Group.
Can European trade and investment policy promote sustainable development and social justice at home and abroad?
Setting out its positive agenda for business while insisting on the importance of promoting European values, the European Commission’s new ‘Trade for all’ Communication is a timely update on EU trade and investment policy, according to a recently published opinion by the European Economic and Social Committee (EESC).
The EU-China Round Table's 14th meeting was hosted by the EESC in Brussels on 18-19 May 2016. The Round Table was set up in 2007 following a Decision taken by the 9th EU-China Summit, which acknowledged that the exchanges and cooperation between the EESC and its Chinese counterpart, the China Economic and Social Council (CESC), formed an integral part of the EU-China relationship. Topics on the agenda included ...
The EU-China Round Table's fifteenth meeting took place in Beijing from 28 to 30 June 2017, marking 10 years since it was first set up. The theme of the 2-day meeting of delegations from the EESC and the China Economic and Social Council (CESC) was “Partnership for Growth, Civilization of mutual benefit”. The main topics of debate were innovation as a driver for economic vitality, trade, investment and social and labour rights, summed up in a joint statement.
The 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, the EESC points to the disastrous impact a possible ...
EESC calls on Commissioner Malmström to ensure EU industry and jobs are protected from unfair imports.
During the meeting, the EU DAG discussed with a representative of the European Commission the outcome and follow-up of the last CTSD meeting, held on March 24th, as well as the Commission's annual report on the EU-Korea FTA that was presented in June. Presentations of the recent developments in the Republic of Korea were also made by representatives of the correspondent country desk oin the European Commission and the EEAS. The EP shadow rapporteur on the implementation of the Free Trade Agreement between the European Union and the Republic of Korea, Dr Joachim Schuster, MEP (S&D Group), presented the European Parliament resolution adopted on 18 May 2017 to the EU DAG.
As the world’s largest exporter and importer of foreign direct investment, it is of paramount importance for the EU to ensure that the resolution of investment disputes operates effectively on an international level. Many countries are currently engaged in internal reflections regarding their policies on investment protection and investment dispute settlement. The EESC aims therefore to make a timely contribution to this ongoing and highly interesting debate.
At the request of the European Commission, the EESC is currently drafting an own-initiative opinion on a possible future multilateral court for the settlement of investment disputes. The European Commission proposes for this court to become a permanent body to decide investment disputes, under the auspices of the United Nations Commission on International Trade law (UNCITRAL).
During the meeting, the members of the Domestic Advisory Group (DAG) of the EU composed of representatives of employers' organisations, trade unions and various interest group, elected their Chair and Vice-Chairs. They discussed the mandate of the EU DAG, working methods, reporting procedures and cooperation with other civil society organisations, as well as exchange views on its rules of procedure.