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Key features of the EU-Mexico trade agreement

The European Commission negotiated the agreement on the basis of a mandate unanimously approved by EU governments. Throughout the negotiations the Commission has put transparency first. Based on the current agreement in principle, negotiators from both sides will continue their work to address all the remaining technical issues and to produce a final text of the agreement. The Commission will then verify the text of the agreement from a legal perspective, translate it into all EU official languages, and submit the agreement for approval to the European Parliament and the Council.The EU is Mexico's third biggest trading partner, and Mexico, with 128 million people, is the EU's second biggest trading partner in Latin America after Brazil.TotalEU-Mexico trade amounts to €62 billion for goods (2017) and €15 billion for services (2016). The EU exports of goods to Mexico are worth €38 billion (2017), with further €10 billion-worth of exports in services (2016).400,000 jobs in the EU are linked in one way or the other to EU exports to Mexico. The agreement will make trade and investment with Mexico easier, so this figure is set to increase. Every €1 billion of EU exports supports some 14,000 jobs in Europe, so the more Europe exports, the more jobs it can safeguard and create.Once in force, the agreement will:benefit companies, workers and consumers across Europe;advance the EU's value-based trade policy agenda;send a signal to the world that the EU and Mexico are open for business and reject protectionism. This will be achieved through:1. Removing remaining customs dutiesThe 1997 agreement between the EU and Mexico did not contain many of the provisions on trade in goods that have since become standard in trade agreements. It also did not cover a number of product categories, especially farming products and fisheries. The new agreement fills these gaps.The new agreement will mean that 99% of products would be traded between the EU and Mexico duty free. For 98% of goods there will be no duties from the moment the agreement becomes effective.For the remaining items, customs duties will be eliminated over time or for a limited amount defined as a quota. This includes dairy and meat exports from both the EU and Mexico.The agreement will make it much easier for EU exporters to sell their products in Mexico and save up to €100 million a year in customs duties.Mexico will remove its high tariffs on key EU food products such as pasta (currently subject to tariffs of up to 20%), chocolate and confectionary (with tariffs exceeding 20%), blue cheeses (up to 20%), apples and canned peaches (up to 20%), virtually all pork products (up to 45%) and economically relevant poultry products (up to 100%).For other products the agreement will deliver significant new market access within annual limits, for example for milk powder (so far taxed at up to 50%) there will be an annual quota of 50,000 tonnes, for fresh and processed cheeses (taxed currently at up to 45%) a quota of 5,000 tonnes and for other cheeses (current tariff rate of up to 45%) a quota of 20,000 tonnes.It will also become easier to trade wine and spirits, exports of which are important for both the EU and Mexico.2. Ensuring sustainability and fighting corruptionThe agreement underpins the EU's value-based trade policy agenda with real action. TheEU and Mexico set out common aspirations and aims for an open and fair trading relationship based on a combination of the values of sustainable development and the economic engine of trade.The agreement contains binding commitments to:protect workers' rights, based on the International Labour Organisation's Conventions;protect environmental and climate, based on Multilateral Environmental Agreements.Referring to the Paris Agreement on climate change, the agreement supports:the fight against climate change;the transition to a sustainable low-carbon economy.The EU and Mexico also agree to promote corporate social responsibility practices in line with internationally agreed standards.The agreement also includes measures to prevent and combat corruption, for example:making bribery a criminal offence for government officials;strengthening internal controls, external auditing and financial reporting;tackling money laundering.Any disagreements about these issues should be solved by government consultations or a Panel of Experts and the publication of a report.The agreement includes commitments on sustainable management of forests and fisheries.3. Maintaining strong health and hygiene standards for food productsThe agreement will speed up trade while keeping it safe.Both the EU and Mexico keep their right to establish the level of protection they consider appropriate.The agreement also contains an explicit reference to the precautionary principle that governs the parties' approach to the decision making. This means that, as already enshrined in the EU treaties, the EU can continue keeping products out of its market as long as there is no scientific certainty that they are safe.The agreement provides for:increased mutual transparency and information exchange;technical consultations and cooperation between authorities;continued certification and import checks;transparent import approval procedures with clear timeframes.Mexico will also treat the EU as a single entity rather than imposing separate procedures on each Member State.4. Reducing formalities for trade in industrial productsCustoms tariffs for industrial products have already been removed. Exporters of those products will however benefit from the agreement thanks to improvements related to technical requirements and reduced formalities.The agreement aims to increase the use of international standards while safeguarding the levels of protection that each party deems appropriate. This means EU exporters will not need to set up separate production lines for goods they export to Mexico.Under the agreement Mexico will also recognise product certification carried out in the EU. This will make it easier for EU companies to prove they have complied with Mexican standards and regulations. And of course Mexican exporters will still have to comply with the EU's strict standards and regulations, just as they do now.Also, thanks to the agreement:exports of cars and car parts will benefit from the convergence of technical regulations;trade in medical devices will be easier thanks to simplified trade in remanufactured machinery.The agreement also contains provisions on fees and formalities, import and export licensing. It will for instance make it easier between Mexico and the EU to send goods for a repair and back.5. Making customs procedures easierThe section on trade facilitation aims to boost EU-Mexico trade by setting out new rules for better customs procedures:streamlining procedures, making them more efficient, saving time and money;setting common principles and providing for better cooperation and exchange of information between EU and Mexican customs authorities;substantial provisions on transparency to ensure that traders and the public have access to information on customs legislation, decisions or administrative policies.6. Opening Mexican public contracts to EU companiesUnder the new agreement, Mexico will open up its public procurement market to EU companies more than it has to any of its other trading partners. EU companies will be able to bid to provide goods and services to Mexican public entities that have never before allowed non-Mexican firms to tender for contracts.Mexico has also committed itself to enter into negotiations with the Mexican States to allow EU firms to tender for contracts at State level by the time the agreement is signed. This will be the first time Mexico has opened its public procurement at State level to non-Mexican firms.In 2015 public procurement in Mexico represented 5% of the country's output and 21% of total government expenditure. The country's federal government procurement market is worth some €30 billion each year.7. Encouraging investment and ensuring a transparent and accountable resolution of disputes through an Investment Court SystemThe agreement opens doors to Foreign Direct Investment and protects investments between the EU and Mexico both in services and non-service sectors.The investment protection provisions provide basic guarantees such as:non-discrimination;no expropriation without prompt and adequate compensation;a general guarantee of fair and equitable treatment and physical security. The agreement fully implements the EU's new approach to investment protection and investment dispute resolution by replacing the old-style ISDS (Investor-to-State Dispute Settlement) system with the new Investment Court System., ensuring transparency and the right of governments to regulate in the public interest. This follows the same approach as the EU adopted in its recent agreements with Canada (CETA), Singapore and Vietnam.The inclusion of the EU's new approach in this area in yet another trade agreement will further support the EU's goal of setting up a Multilateral Investment Court to deal with such disputes.8. Offering new opportunities in services sectorThe EU exports some €10 billion of services to Mexico each year.The agreement will make it easier for EU firms to provide services on the fast-growing Mexican market, while reaffirming the EU's and Mexico's right to regulate. Under the agreement both the EU Member States' authorities and Mexico also:retain the right to keep public services public;can deregulate or bring back to the public sector any privately provided services.9. Setting rules for digital tradeThe agreement sets out horizontal rules on any trade done by electronic means. As such, the rules go beyond trade in services alone.The provisions seek to:remove unjustified barriers to trade by electronic means by prohibiting customs duties on electronic transmissions and banning unnecessary authorisation procedures;bring legal certainly for companies by guaranteeing the legal validity and effect of electronic contracts, and of electronic authentication and trust services;ensure a secure online environment for consumers.10. Setting better protection for innovations and creative worksThe agreement includes a comprehensive chapter on all the main Intellectual Property Rights (IPR). It ensures high standards of protection of intellectual property and their enforcement beyond those set out in the World Trade Organisation's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).The agreement is good for Europe's IPR-intensive industry and IPR owners. Its provisions on copyright and related rights cover all the rights protected by EU law, including resale rights, and mirror the EU's high standard regarding the term of protection.For designs, the agreement:includes the EU's definition of industrial designs, including complex designs;protects registered designs for up to 25 years.For pharmaceutical and plant protection patents, the agreement allows for compensation for unreasonable delays in the marketing authorisation process.The agreement also includes the most significant parts of EU law on the scope of protection of trade secrets and the relevant procedural rules.11. Protecting traditional food products from imitationsThe EU is a major producer of distinctive regional food and drink products. These products enjoy a special status known as a 'Geographical Indication'.Under the new agreement, Mexico has agreed to extend the protection to another 340 European Geographical Indications on wines and food so that only original products from the EU will be allowed to be sold in Mexico under the same corresponding name. Under the existing agreement Mexico already protects 80 spirits with geographical indications.This would make it illegal to sell imitations in Mexico of products such asComté cheese from France, Queijo São Jorge cheese from Portugal, Szegedi szalámi from Hungary, and Magiun de prune Topoloveni plums from Romania. .This will also help European exporters and reassure Mexican consumers that they are buying a genuine European product.12. Ensuring fair trade and business conditionsThe agreement sets out rules about trade remedies, i.e. procedures used to combat unfair trade practices, such as anti-dumping, anti-subsidy, global and bilateral safeguards. The EU and Mexico also confirm their rights and obligations under the World Trade Organisation agreements and agree on being more transparent and holding additional consultations.The agreement also acknowledges that certain kinds of subsidies can hinder competition and trade. It bans export subsidies andincludes rules to limit the potentialnegative effects of other subsidies. Specifically:Mexico has agreed to ensure transparency not only on subsidies to goods, but also on subsidies to services. This goes beyond the obligations under the World Trade Organisation rules; Companies have the possibility to alert their governments to subsidies which may negatively affect their business. If the subsidy's negative effect is confirmed, both sides will try to find a satisfactory solution. The agreement states that companies operating in Mexico have to respect the same basic competition principles as in Europe:no abuse of a dominant position;no agreements between companies to restrict competition;scrutiny of the effects of a merger on competition.The agreement ensures Mexican and EU companies that:their rights in competition procedures will be respected (procedural fairness);they can ask their respective competition authorities to enforce competition law. As regards State-owned enterprises, the EU and Mexico have agreed on rules to ensure that private companies can compete on a level playing field with public ones.At the same time, the agreement will:let EU governments maintain any existing state-owned enterprises or monopolies, or existing rights or privileges;allow both EU member states and Mexico to decide how they want to organise their public services.13. Focusing on needs of smaller businessesThe agreement requires Mexico to set up a website containing information that small and medium-sized businesses from the EU need to access the Mexican market, and vice versa.Contact Points in the EU and Mexico will work together to take into account the specific needs of smaller businesses and identify ways they can take advantage of new opportunities in each market.14. Making the rules enforceable through State-to-State dispute settlement mechanismThe agreement sets out the procedures for solving any potential disputes between the EU and Mexico on how to interpret or apply the part dealing with trade.The mechanism is triggered when one party considers that the other has failed to comply with the obligations under the agreement.If this happens, the EU and Mexico will set up a panel to adjudicate. The dispute settlement procedures are based on due process and transparency principles, allowing interested parties to attend hearings and make their own submissions to the panel.More information:Agreement in Principle [available soon]Press releaseJoint statementDedicated webpageFactsheetsExporters' storiesEU and Mexico trade relationsLet's block ads! (Why?)

EU and Mexico reach new agreement on trade

Simpler customs procedures will further benefit the EU's industry, including in sectors like pharmaceuticals, machinery and transport equipment. The agreement also lays down progressive rules on sustainable development. Among other things, the EU and Mexico have committed to effectively implementing their obligations under the Paris Agreement on climate change. It will also be the first EU trade agreement to tackle corruption in the private and public sectors.European Commission President Jean-Claude Juncker said: "Trade can and should be a win-win process and today's agreement shows just that. Mexico and the EU worked together and reached a mutually beneficial outcome. We did it as partners who are willing to discuss, to defend their interests while at the same time being willing to compromise to meet each other's expectations. With this agreement, Mexico joins Canada, Japan and Singapore in the growing list of partners willing to work with the EU in defending open, fair and rules-based trade."Commissioner for Trade Cecilia Malmström added: "In less than two years the EU and Mexico have delivered a deal fit for the economic and political challenges of the 21st century. We now open a new chapter in our long and fruitful relationship, boosting trade and creating jobs. Today's agreement also sends a strong message to other partners that it is possible to modernise existing trade relations when both partners share a clear belief in the merits of openness, and of free and fair trade."Commissioner for Agriculture, Phil Hogan, said: "This agreement proves yet again the value of the EU leading from the front globally in promoting open and rules-based trade. Our commitment is to deliver benefits for our citizens at home through closer cooperation with our partners abroad. This deal is very positive for our agri-food sector, creating new export opportunities for our high-quality food and drink products, which in turn will create support more jobs and growth, particularly in rural areas."Today's agreement – once finalised and approved – will benefit both companies and consumers across Europe and advance the EU's values-based trade policy agenda. The agreement in principle struck today brings the EU's trade relationship with Mexico into the modern era, tearing down most of the remaining barriers to trade.Since the previous EU-Mexico trade agreement came into force in 2000, trade between the EU and Mexico has risen at a rate of around 8% per year, resulting in an overall increase of 148% in trade in goods over the period. Despite these positive results, there was still a wide margin for improving the trade relationship that the new agreement is addressing, by making virtually all trade in goods duty-free.The main elements of the agreement1) Agricultural exports from the EU are set to benefit the most,such as poultry, cheese, chocolate, pasta, and pork.The agreement will, in particular:provide preferential access for many cheeses such as Gorgonzola and Roquefort, which currently are up to 20%, and gain significant new access for many others within annual quotas;secure a considerable volume for milk powder exports in one of the largest markets, starting with 30,000 tonnes from entry into force, rising to 50,000 tonnes after 5 years.allow the EU to substantially increase its pork exports to Mexico, with duty-free trade for virtually all pork products;eliminate tariffs for products like chocolate (currently up to 30%) and pasta (currently up to 20%);ensure the protection from imitation for 340 distinctive European foods and drink products in Mexico, so-called geographical indications, such asComté cheese from France,Queijo São Jorge cheese from Portugal, Szegedi szalámi from Hungary, and Magiun de prune Topoloveni plums from Romania.This means that EU producers of traditional delicacies are not struggling against copies, and when consumers buy these products they can do so knowing they are buying the real thing.When it comes to customs procedures, the new agreement will bring in new rules to simplify and speed up paperwork and physical checks at Mexican customs.2) The agreement includes a comprehensive trade and sustainable development chapter, which sets the highest standards of labour, safety, environmental and consumer protection; introduces a new dialogue with civil society in all areas of the agreement, strengthens the EU and Mexico's actions on sustainable development and climate change, notably the obligations both sides undertook under the Paris Agreement on climate change; and maintains and fully safeguards Member States' right to organise public services the way they choose.The agreement also includes an explicit reference to the precautionary principle that, already enshrined in the EU treaties, allows the EU to keep products out of its market as long as there is no scientific certainty that they are safe.It will also be the very first EU trade agreement to include provisions to fightcorruption, with measures to act against bribery and money laundering. The broader Global Agreement, of which the trade agreement is an integral part, also covers the protection of human rights, as well as chapters on political and development cooperation.3) The agreement isa big step forward in giving companies mutual access to government contracts in both the EU and Mexico publicprocurement markets.EU and Mexican companies will be placed on an equal footing, irrespective of whether they present a bid in Mexico or in the EU. Mexico has also committed itself to enter into negotiations with the Mexican States to allow EU firms to tender for contracts at State level by the time the agreement is signed.4) This opening goes hand in hand with setting a level playing-field: we agreed a high level of protection of intellectual property rights. This protects EU research and development and guarantees fair pay for EU artists, as well as the 340 traditional EU delicacies mentioned above.5) The new agreement opens up trade in services, such as financial services, transport, e-commerce, and telecommunications. The agreement will also help develop an favourable environment for a knowledge-based economy, with a new chapter on digital trade. This will remove unnecessary barriers to online trade, like charging customs duties when downloading an app, and will put in place clear rules to protect consumers online.6) On investment protection, the agreement improves investment conditions and includes the EU's new Investment Court System, ensuring transparency and the right of governments to regulate in the public interest, and will also ensure that Mexico and the EU work towards the setting up of a Multilateral Investment Court.Overall, this agreement will strengthen Europe's leadership in shaping globalisation by putting in place trade rules that are in line with the EU's core values and safeguard the EU's interests and sensitivities. In doing so, it contributes to addressing challenges identified in the reflection paper on Harnessing Globalisation presented by the Commission as part of the White Paper process.Next StepsToday's agreement in principle includes the most important elements of the agreement. In some chapters, technical details still need to be tied up. Based on today's agreement in principle, negotiators from both sides will continue their work to resolve the remaining technical issues and finalise the full legal text by the end of the year. Then, the Commission will proceed with the legal verification and translation of the agreement into all official EU languages, and will subsequently submit it for approval by the European Parliament and Council of the European Union.BackgroundThe negotiations for the new agreement with Mexico started in May of 2016 based on negotiating directives from the Council. They were conducted according to the Commission's high transparency standards. In addition to close scrutiny from the European Parliament and Member States, the Commission ensured access to information about the progress in the negotiations by publishing regular reports from the negotiating rounds, as well as negotiating proposals.The trade pillar is part of a broader Global Agreement, which sets the framework for the EU's relationship with Mexico and covers issues of broader shared interest that go beyond trade, including political issues, climate change and human rights.In 1997, Mexico was the first country in Latin America to sign a Global Agreement with the EU. This came into force in 2000, and will be replaced by the new agreement once it is ratified.For More InformationAgreement in Principle [available soon]MEMOJoint statementVideo material from the today's ministerial meetingDedicated webpageFactsheetsExporters' storiesEU and Mexico trade relationsLet's block ads! (Why?)

Ο Σιλβέστερ και ο Τουίτι υπάρχουν και είναι φίλοι

Ποιος είπε ότι μια γάτα και ένα πουλί δεν μπορούν να είναι δύο καλοί φίλοι; Το παρακάτω βίντεο το αποδεικνύει και δείχνει το παιχνίδι μιας μικρής γάτας και ενός περιστεριού σε ένα σπίτι στη Βραζιλία...ΚΑΝΤΕ LIKE ΣΤΟ NEWSBEAST.GRLet's block ads! (Why?)

Ακροβατικά με φόντο το κενό που κόβουν την ανάσα

Κάποιοι ριψοκίνδυνοι νεαροί στο Μαρόκο θέλησαν να ανεβάσουν την αδρεναλίνη τους και έκαναν ακροβατικά όντας στην κορυφή ενός ψηλού κτιρίου.Χωρίς να έχουν λάβει κανένα μέτρο ασφαλείας ο ένας εξ αυτών φαίνεται να κρεμιέται και να στηρίζεται μόνο στα χέρια του λίγα εκατοστά από το απόλυτο κενό.[embedded content]ΚΑΝΤΕ LIKE ΣΤΟ NEWSBEAST.GRLet's block ads! (Why?)

Η άχρηστη πληροφορία της ημέρας

Στη Σκωτία για πολλά χρόνια πίστευαν ότι το να περπατήσει κάποιος ανάμεσα σε δύο κοκκινομάλλικα κορίτσια είναι σημάδι πως ότι η υγεία του θα βελτιωθεί σύντομα.ΚΑΝΤΕ LIKE ΣΤΟ NEWSBEAST.GRLet's block ads! (Why?)

Σειρά τρόμου χαρακτηρίζεται τόσο φρικιαστική που έρχεται πακέτο με… προειδοποίηση

Η νέα τηλεοπτική σειρά τρόμου «True Horror» του βρετανικού δικτύου Channel 4 ανάγκασε την παραγωγή να συμπεριλάβει και μια προειδοποίηση πριν από την προβολή της, καλού-κακού λες.Η δραματοποιημένη σειρά ντοκιμαντέρ θα παρακολουθεί τις ζωές πραγματικών ανθρώπων που ισχυρίζονται πως είχαν ανατριχιαστικά συναπαντήματα με το απόκρυφο και το μεταφυσικό, τον κόσμο των πνευμάτων κοντολογίς.«Οι σκηνές της παραφυσικής δραστηριότητας μπορεί να ενοχλήσουν τους θεατές», αυτό θα βλέπει ο τηλεθεατής πριν ξεκινήσει κάθε επεισόδιο, μιας και οι αρμόδιοι θέλουν να καλύψουν λέει τα νώτα τους. Λένε μάλιστα πως όλα είναι βασισμένα σε πραγματικά γεγονότα, κάτι που μπορεί να αποδειχθεί δυσανάλογα βαρύ για μερίδα τηλεθεατών.Για απλό διαφημιστικό τρικ κατηγορούν το Channel 4 πολλοί, εκείνο απαντά πάντως πως η προειδοποίηση είναι γνήσιο ενδιαφέρον για το κοινό του. Και παραπέμπει στα λόγια ενός από τους ανθρώπους που θα εμφανιστούν στα επεισόδια της σειράς: «Είναι μοχθηρό, είναι κακό, είναι σατανικό»…[embedded content]ΚΑΝΤΕ LIKE ΣΤΟ NEWSBEAST.GRLet's block ads! (Why?)

Last week to choose your favourite #EURegionsWeek session proposals

It is up to you to help us develop #EURegionsWeek! You have until 27 April to share your opinion, via the online consultation on the event website. Take a look at the top 20 most popular sessions so far and see if you can find your favourite one. 1. #cooperationiscentral: Why Central Europe needs cooperation more than ever - Interreg CENTRAL EUROPE2. MFF post 2020: what can NPBIs bring to the table for territorial investment? - ELTI - European Association of Long-Term Investors 3.Industry 4.0 in EU regions: implications for innovation-led regional development - European Commission – JRC4. EuroPACE: Unlocking Energy Efficiency Renovation at Local Level - Ente Vasco de La Energía5. Six City Strategy (6Aika): Recipes for Happy Citizens and Thriving Businesses - Six City Strategy Office 6. Investing in the digital transition of smart cities & communities - OASC7. Reshaping territorial cooperation in the post-Brexit scene - Interreg North-West Europe8. Sustainable development of the Arctic region for the benefit of all of Europe Northern - European Arctic partnership (Regional partnership)9. Accelerating inclusion with innovative entrepreneurial initiatives - Gothenburg European Office10. ISA2 Programme boosting digital public administrations in Europe - European Commission - DG DIGIT11. Personalised medicine: boosting health research at regional level - Regions for health innovation (Regional partnership )12. Connecting rural and urban areas: the way forward to territorial cohesion - Smart urban-rural communities (Regional partnership)13. Co-creating future housing. Living environments shaped by cities and citizens - Future housing and inclusive cities depend on us (Regional partnership) 14. How can regional cooperation help maximise blue growth opportunities? - Smart partnerships for blue growth (Regional partnership) 15. Sustainability and cultural heritage: is this the only way forward? - Sviluppumbria16. Cohesion and societal challenges: Success stories for a more effective policy - Innovative regions for a strong cohesion policy (Regional partnership) 17. PCP and PPI: challenges faced by regions and cities - Startup Europe Regions Network 18. 2020+ - How to get funding priorities right - European Commission - DG REGIO19. Blue growth – future perspectives for smart specialisation - Advanced regions for blue growth (Regional partnership) 20. Coop cult and succeed! - European Commission, DG REGIO & DG EACMake the event yours and be part of the preparation phase!The online consultation is not a selection process as in parallel, the organisers will assess and select the sessions, based on the quality of the proposals and on the criteria of the event guidelines. Even if a session is part of the rating process, please note that this does not mean that the session is selected for the official programme. ​Let's block ads! (Why?)

Μερικά από τα πιο ιδιαίτερα Airbnbs του κόσμου

O Ryan Doyle είναι ο ιδιοκτήτης του Video Vision 360. Τι ακριβώς κάνει; Βιντεοσκοπεί και δημιουργεί διαφημιστικά βίντεο για τις κατοικίες Aribnb και έτσι απολαμβάνει δωρεάν διαμονή εκεί δημοσιεύοντας τα σποτ του στο youtube.Ουσιαστικά βιντεοσκοπεί τις εμπειρίες του σε διάφορα Airbnbs και μοιράζεται τις εμπειρίες του με τους χιλιάδες εγγεγραμμένους χρήστες στο κανάλι του. Σε αυτό το βίντεο λοιπόν παρουσιάζει μερικά από τα πιο ξεχωριστά και ιδιαίτερα Airbnbs που έχει επισκεφτεί στον κόσμο.[embedded content]ΚΑΝΤΕ LIKE ΣΤΟ NEWSBEAST.GRLet's block ads! (Why?)