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EMEA Trade Weekly: CETA, Cheese, Customs Debt, Steel


Europe & CIS

France wants “climate veto” on CETA
The agreement was implemented on a provisional basis in September pending approval by the EU’s 38 national and regional parliaments, which could take years. France wants a “climate veto” to protect against having to roll back rules on health and the environment that might be overturned under the agreement’s investment protection provisions. However, both the EU and Canada would have to accept this idea. In the meantime, the two sides are developing a joint interpretative declaration expected to affirm that CETA’s trade dispute resolution forum cannot be used to circumvent environmental commitments.

EU warns UK could end up with CETA-like trade deal
EU chief negotiator Michel Barnier said a future agreement would have to be negotiated over “several years” and “will be very different” from the status quo. The EU-Canada deal removes 98 percent of tariffs on two-way trade but does not significantly reduce non-tariff barriers.

[The Guardian]
European cheeses regain access to Chinese market
China had reversed its authorisation of certain cultures and techniques used in the production of so-called mouldy cheeses (e.g., Roquefort, Danish Blue, Gorgonzola, and Stilton) on the grounds that they were a risk to consumer health, effectively banning imports of such cheeses. However, following consumer complaints and meetings between EU and Chinese health and food safety experts, Chinese authorities have agreed to lift the trade obstacles and update their rules.

[European Commission]
CJEU judgement on persons liable for customs debt

[Court of Justice of the EU]


Nigeria starts exporting steel
Shipments have been sent to Morocco, Egypt, and Ghana and producers are looking to expand beyond Africa.

Ghana implements new petroleum export guidelines
In a bid to clamp down on fuel smuggling, export companies are now required to provide informatio
n such as the foreign company’s import permit, the contract with the importer, and a list of foreign trucks to be used. Exporters must also post a performance bond of 150 percent of the total value of taxes, levies, and margins.
Kenyan high court suspends importation of duty-free sugar
[Standard Digital]