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Under the EU’s carbon control regime that kicks off in 2026, emissions should be reduced 2.5% in the first year and reduced every year after that, and eliminated by 2034

The government should present the EU with a Carbon Dioxide Removal Obligation tax on imports from the economic bloc, with a provision to set off its Carbon Border Adjustment Mechanism credits against CDR-O levies

The euro area trade balance registered a surplus for the first time in nearly one-and-a-half years in February as exports grew more rapidly than imports, data from Eurostat showed on Thursday.

Though the EU-Vietnam Free Trade Agreement will remove import tariffs for many export items into the EU, costs for access to this market are set to increase in addition to strict rules of origin, making it difficult for exporters to benefit from the deal’s advantages.

| UPDATED: 23:12, Wed, Feb 10, 2021 Link copied Sign up for FREE now and never miss the top politics stories again SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. A fishing row has broken out after the EU chiefs outlined plans to move the goal-posts when it comes to exporting bivalve molluscs, such as mussels, scallops and...