EU-UK trade dropped by a quarter following Brexit, new data shows
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Briefing – European Union data challenge – 28-07-2021
The exponential growth and importance of data generated in industrial settings have attracted the attention of policymakers aiming to create a suitable legal framework for its use. While the term ‘industrial data’ has no clear definition, such data possess certain distinctive characteristics: they are a subset of big data collected in a structured manner and within industrial settings; they are frequently proprietary and contain various types of sensitive data. The GDPR rules remain of great relevance for such data, as personal data is difficult to be filtered out from mixed datasets and anonymisation techniques are not always effective. The current and planned rules relevant for B2B sharing of industrial data exhibit many shortcomings. They lack clarity on key issues (e.g. mixed datasets), increase the administrative burden for companies, yet not always provide the data protection that businesses need. They do not provide an additional value proposition for B2B data sharing and hinder it in some cases. While this situation warrants policy intervention, both the instrument and its content should be carefully considered. Instead of a legal instrument, soft law could clarify the existing rules; model terms and conditions could be developed and promoted and data standardisation and interoperability efforts supported.
Source : © European Union, 2021 – EP
Highlights – WTO negotiations, Trade and Sustainable Development: committee debates – Committee on International Trade
The Committee on International Trade will discuss the preparations for the upcoming WTO negotiations, including with respect to the proposed waiver for COVID-19 vaccines intellectual property rights under the TRIPS agreement and the fisheries subsidies negotiations. The Committee will also discuss the review of the 15-point action plan on the effective implementation and enforcement of the Trade and Sustainable Development Chapters (TSD) in trade agreements. The meeting will be held on 13 July.
Source : © European Union, 2021 – EP
EU agri-food trade plunges in first month after Brexit
The post-Brexit era opens with a slump in the agri-food trade of 11% in January compared to the same month last year, according to the latest data released by the Commission.
Highlights – Data governance act, joint undertakings, metrology: committee votes – Committee on Industry, Research and Energy
The Committee on Industry, Research and Energy will vote on its report on the proposed European data governance legislation, creating a framework to facilitate data sharing, on 15 July. It will also vote on its report regarding the establishment of joint undertakings under the Horizon Europe programme, and on the report on the EU’s participation in the European Partnership on Metrology, which aims to accelerate Europe’s global lead in metrology research.
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Meeting agenda and documents
Live streaming
Procedure file: European data governance
Procedure file: Joint Undertakings under Horizon Europe
Procedure file: European Partnership on Metrology
EU Fact Sheets: International trade
Meeting agenda and documents
Live streaming
Procedure file: European data governance
Procedure file: Joint Undertakings under Horizon Europe
Procedure file: European Partnership on Metrology
EU Fact Sheets: International trade
Source : © European Union, 2021 – EP
In-Depth Analysis – The EU-Turkey Customs Union and trade relations: what options for the future? – 07-07-2021
This in-depth analysis summarizes the main effects of the Customs Union (CU) on EU-Turkey trade and the economic situation in Turkey. Whereas the CU offers Turkey several economic benefits, it also implies some downsides, in particular asymmetric tariffs in relation to third countries. Against the background of the dynamic development of EU-Turkey relations, the authors assess the impact of four different options for developing EU-Turkey economic and trade relations:
(i) Continuation of the current Customs Union framework as it stands,
(ii) Modernization and upgrading of the Customs Union,
(iii) A transformation of the bilateral trade relations into a deep and comprehensive free trade agreement (DCFTA),
(iv) Suspension of the Customs Union (in which case WTO rules would apply).
The in-depth-analysis describes the options, the challenges the EU-Turkey Customs Union faces and seeks solutions for these issues.
(i) Continuation of the current Customs Union framework as it stands,
(ii) Modernization and upgrading of the Customs Union,
(iii) A transformation of the bilateral trade relations into a deep and comprehensive free trade agreement (DCFTA),
(iv) Suspension of the Customs Union (in which case WTO rules would apply).
The in-depth-analysis describes the options, the challenges the EU-Turkey Customs Union faces and seeks solutions for these issues.
Source : © European Union, 2021 – EP
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