ENM – European Neighbourhood Monitor

USTR Pressures EU to Dismantle Green Regulations in Exchange for Tariff Relief

As the Trump administration revives its aggressive trade posture, non-tariff barriers have come to the center of U.S. trade demands. This week, the Office of the United States Trade Representative (USTR) has ramped up pressure on the European Union, urging it to scrap key environmental regulations that the U.S. sees as unfair obstacles to trade—most […]

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Saudi Arabia Pushes OPEC+ Oil Output Hike as Prices Slide and Global Demand Weakens

Middle East / ENM

Saudi Arabia has coordinated a new oil production increase with its OPEC+ partners, including Russia, marking a significant departure from recent supply restraint policies. The move comes amid growing concerns about a global economic slowdown and increasing uncertainty in international trade, particularly in the context of escalating tariff tensions. The production hike, described as a

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Asia is strongly impacted by Trump tariffs

Indopacific / ENM

President Donald Trump’s recent tariff impositions have significantly impacted the Asia-Pacific region, with varying effects across different nations. Vietnam faces one of the highest tariffs at 46%, reflecting its substantial trade surplus with the U.S. Similarly, Cambodia, Sri Lanka, and Bangladesh are subjected to tariffs of 49%, 44%, and 37% respectively, primarily targeting their exports

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Norway Launches Major Oil Extraction in the Arctic

Arctic / ENM

The Johan Castberg Field Begins Production In a landmark development for Arctic energy exploration, Norway has officially commenced oil production at the Johan Castberg field in the Barents Sea, a region located within the Arctic Circle. The project, led by state-owned energy giant Equinor alongside partners Vår Energi and Petoro, marks one of the most

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U.S. Senator Tom Cotton lashes out at EU deforestation rules

Americas / ENM

Republican U.S. Senator Tom Cotton has joined a group of U.S. lawmakers in voicing strong opposition to the European Union’s Deforestation-Free Regulation (EUDR), arguing that it places unfair burdens on American industries and threatens billions of dollars in exports. In a letter to U.S. Trade Representative Katherine Tai, Cotton and his colleagues warned that the EU’s

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Hundreds arrested in Turkey after arrest of Istanbul Mayor

Middle East / ENM

In Turkey, 37 people have been arrested for ‘provocative messages’ on social media that ‘incite crime and hatred’ after the arrest of Istanbul mayor Ekrem Imamoglu. The opposition leader was arrested on Wednesday. Turkish authorities have identified 261 social media accounts, 62 of which are located abroad, Interior Minister Ali Yerlikaya said on TV channel.

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EU postpones first import tariffs on American products until mid-April

Americas / ENM

The European Union has postponed the first hefty import tariffs – a counter-reaction to the American tariffs on steel and aluminium – until mid-April. This gives the EU two weeks more time to negotiate with the United States. The tariffs are two different import tariffs, according to the Reuters news agency. The first levy would

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EU to invest 4.7bn euro in South Africa

Africa / ENM

The European Union is going to invest over 4.7 billion euros in South Africa. Of that, 4 billion euros is intended to finance the transition to clean energy. The other 700 million euros will go to stimulate the production of vaccinations. This is what European Commission President Ursula von der Leyen has announced in Cape

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South Africa Weighs Special Investment Terms for Elon Musk

Africa / ENM

The South African government is reportedly considering ways to allow Elon Musk’s companies to invest in the country without fully complying with Black Economic Empowerment (BEE) regulations, according to sources cited by Semafor. Under current rules, at least 30% of any South African operations of Musk-owned businesses, such as Tesla or SpaceX, would need to

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EU and India aim to seal free trade agreement by the end of the year

Indo-Pacific / ENM

European Commission President Ursula von der Leyen announced on Friday that the European Union and India are committed to finalizing a free-trade agreement by the end of the year. Speaking in New Delhi during her two-day visit, von der Leyen emphasized that strengthening ties with India is a strategic priority for Europe. She described the

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Author name: ENM