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Asia and the EU

Latest news about Asia and the European Union. The EU is deepening its strategic partnerships with China, India, Japan and negotiations are well underway on new partnership and free trade agreements with South Korea and with south-east Asian countries. Asia comprises high-income industrialised partners and dynamic emerging economies but is also home to two thirds of the world's poor. Development cooperation therefore remains high on the EU's agenda with Asia, and more than five billion euros allocated to Asia by the EU for the period 2007-2013. Policies are address common challenges, such as climate change, sustainable development, security and stability, governance and human rights, as well as the prevention of, and response to natural and human disasters. The EU is stepping up its support to regional integration through the Asia-Europe Meeting (ASEM), and intensifying cooperation with the Association of South-East Asia Nations (ASEAN), the ASEAN Regional Forum (ARF) and the South Asian Association for Regional Cooperation (SAARC).

MEPs greenlight tougher anti-dumping rules
The European Parliament gave its green light Wednesday to start talks soon with national governments on new EU anti-dumping rules designed to give better protection to EU industry and jobs.

EU imposes import duties to counter Chinese subsidies on steel
The EU Commission has imposed definitive anti-subsidy duties of up to 35.9 per cent on Chinese hot-rolled flat steel used in shipbuilding, gas containers, pressure vessels, tubes and energy pipelines.

EU-China relations - questions & answers
 

MEPs call for EU rules on textile imports to curb worker exploitation
EU rules are needed to force textile and clothing suppliers to respect the rights of workers around the world, who often suffer long working hours, low wages and hazardous conditions,’ MEPs said Thursday.

Brussels raises import tariffs on China steel
The EU Commission imposed anti-dumping duties on imports of hot-rolled flat steel products from China Thursday, fixing at higher duties than provisional measures in place since October.

EU, Japan look to speed up talks on trade deal
The European Union made a renewed push for agreement later this year on a bilateral trade deal with Japan, as the country's prime minister Shinzo Abe met EU leaders in Brussels on Tuesday.

Court backs EU anti-dumping measures against Chinese solar panels
The EU's top court gave its backing Tuesday to anti-dumping duties imposed by the EU in respect of imports of solar panels and key components originating in and consigned from China.

EU imposes new anti-dumping duties on Chinese steel
The EU Commission imposed anti-dumping duties on imports of heavy steel plates from China Tuesday, the latest in an unprecedented number of trade defence measures against unfair steel imports.

EU imposes new import duties on Chinese steel
The European Commission decided Friday to impose definitive anti-dumping measures on two steel products originating in China and Taiwan.

EU slaps more anti-dumping duties on Chinese steel, iron
The EU is to impose provisional anti-dumping duties on seamless pipes and tubes of iron and steel from China - typically used in power plants and in the oil and gas industry.

Steel, market access top China-EU talks agenda
The EU and China held their 6th annual EU-China High-level Economic and Trade Dialogue in Brussels Tuesday with steel over-capacity and market access at the top of their agenda.

Brussels imposes anti-dumping duties on Chinese steel products
In a swift reaction to what it claims is unfair competition, the EU Commission imposed Friday provisional anti-dumping duties on imports of hot-rolled flat steel and heavy plates of steel from China.

Indonesia, EU set date for start of timber licensing
Indonesia and the EU have agreed a November start date for issuing licences to legal timber products for export to the EU in a major milestone in the global effort to combat illegal trade in timber.

EU slaps anti-dumping duties on Chinese, Russian steel
The European Union slapped anti-dumping duties on 'cold rolled steel' from China and Russia on Thursday, with the stipulation that they should remain in place for five years.

EU takes action at WTO over Chinese raw materials
The European Union has launched its third action against China at the World Trade Organization, this time against Chinese restrictions on export of raw materials essential for European industries.

EU and Asian leaders unite against terrorism
The Asia-Europe Meeting (ASEM) concluded in Ulaanbaatar, Mongolia with a celebration of twenty years of partnership, but with the attack in Nice and the military coup attempt in Turkey high on leaders' minds.

Steel, market economy the focus for EU-China summit
The European Union and China concluded a two-day summit in Beijing Wednesday, with candid discussion over Europe's troubled steel industry, market economy status for China and human rights.

EU-China relations
As two of the three biggest economies and leading traders in the world, the EU and China have a strong interest in a deep and comprehensive partnership.

Brexit overshadows EU-China meeting
The 18th bilateral summit between the EU and China got under way in Beijing Tuesday, with Brexit overshadowing discussions on political and economic relations as well as global and regional issues.

EU deficit in trade in goods with China hits EUR 180 bn in 2015
On the occasion of the European Union - China summit, which takes place on 12-13 July in Beijing, Eurostat, the EU's statistical office, issued some data on economic relations between China and the EU. Key figures: Trade in goods: China: top EU partner for imports in 2015, accounting for a fifth (20.3%) of all EU imports; China: second largest EU partner for exports in 2015 (9.5% of all exports), after the United States; EU trade in goods balance with China in 2015: deficit of EUR 180 billion, due to surge of imports; Machinery & vehicles dominate both exports and imports; Deficit with China for every EU Member State, except Germany and Finland; Trade in services: EU trade in services balance with China in 2015: surplus of EUR 10.3 billion, due to surge of exports; Foreign direct investment: EU: net investor with China in 2014

Elements for a new EU strategy on China
The EU adopted on 22 June a Communication entitled 'Elements for a new EU strategy on China', which maps out the European Union's relationship with China for the next five years.

EU maps out closer relationship with China
The EU adopted Wednesday a Communication entitled 'Elements for a new EU strategy on China', which maps out the European Union's relationship with China for the next five years.

EU strategy to support Myanmar reform
The EU's foreign policy chief and the European Commission adopted a Joint Communication Thursday setting out a vision for EU engagement with Myanmar as the country's transition enters its next phase.

G7 leaders push free trade agenda
Leaders of the G7 countries meeting at a summit in Japan reaffirmed their commitment to open and fair global trade and called for swift progress on regional trade agreements, including the EU-Japan Economic Partnership Agreement and TTIP.

MEPs vote against market economy status for China
EU Parliament members voted against dumping and the granting of market economy status (MES) to China Thursday. This is seen as an important signal that the EU will not grant MES so long as China fails to meet its WTO obligations.