Tuesday, March 9, 2021
The European Union (EU) continues to face COVID-19 vaccine production challenges in the bloc, along with increased COVID-19 infection cases driven by the mutating coronavirus. Whereas the United Kingdom (UK) and United States (US) have seen declines in COVID-19 cases, which is allowing for some easing of restrictions. Tension between the EU and UK remains heightened, particularly with respect to customs issues at Ireland/Northern Ireland’s border. Nevertheless, transatlantic partners came together on some sanctions actions this week.
In the US, the Biden Administration moved this week to suspend the duties imposed against UK and EU goods towards negotiating a settlement in the 16-year large civil aircraft dispute with European countries. The US Senate took another step toward confirming Katherine Tai as the next US Trade Representative this week, while Gina Raimondo officially joined President Joe Biden’s Cabinet as his Secretary of Comm
TPA debuted in the 1974 Trade Act. It allows the president to negotiate a trade deal and submit it to Congress for an up-or-down vote on a set timeline. This means no amendments and ensures that a vote is actually held, which in turn makes trade negotiations more credible in the eyes of domestic stakeholders and foreign trade partners. It’s about Congress and the president talking from the same script. TPA is set to expire on July 1, 2021. To reset U.S. trade policy, Biden should start by asking for TPA.
But there may be a problem. President Trump
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That would be a mistake. TPA has underpinned U.S. trade policy since the Tokyo Round of the General Agreement on Tariffs and Trade (GATT). Completing the WTO, and the signing of all of America’s modern trade deals except U.S.-Jordan, was concluded under TPA.
2020-12-28 15:05:52 GMT2020-12-28 23:05:52(Beijing Time) Xinhua English
PHNOM PENH, Dec. 28 (Xinhua) Cambodia s Ministry of Commerce (MoC), the United Nations Development Program (UNDP), and the Enhanced Integrated Framework (EIF) have joined hands to boost online commerce as the COVID-19 pandemic has forced more businesses to move online, said a joint press statement on Monday.
Some 125 small and medium-sized enterprises (SMEs) are set to gain grants and training in online commerce through a joint investment of 500,000 U.S. dollars, the statement said.
The funds will fuel an innovative six-month incubation and training initiative and small grants program to help SMEs move online, sell online, and, for some, sell to overseas customers through a new online marketplace being developed by the MoC, it said.
Source: Xinhua|
Editor: huaxia
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PHNOM PENH, Dec. 28 (Xinhua) Cambodia s Ministry of Commerce (MoC), the United Nations Development Program (UNDP), and the Enhanced Integrated Framework (EIF) have joined hands to boost online commerce as the COVID-19 pandemic has forced more businesses to move online, said a joint press statement on Monday.
Some 125 small and medium-sized enterprises (SMEs) are set to gain grants and training in online commerce through a joint investment of 500,000 U.S. dollars, the statement said.
The funds will fuel an innovative six-month incubation and training initiative and small grants program to help SMEs move online, sell online, and, for some, sell to overseas customers through a new online marketplace being developed by the MoC, it said.
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