Malaysia has sharply criticized the European Union’s decision to classify it as a “standard risk” country under the EU’s new anti-deforestation regulation, arguing that the designation is based on outdated data and reflects a broader pattern of the EU using environmental policy to exert control over trade. Speaking at an event in Singapore, Malaysian Commodities […]
Malaysia Slams EU’s “Standard Risk” Deforestation Label Read More »
U.S. Tariffs Propel EU-India Free Trade Agreement Talks Forward In the wake of escalating U.S. tariffs, the European Union (EU) and India have intensified efforts to finalize a long-pending free trade agreement (FTA), aiming to conclude negotiations by the end of 2025. This renewed vigor in discussions underscores both parties’ desire to bolster economic ties
Trump tariffs put India’s pharmaceuticals sector in the EU’s spotlight Read More »
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
Asia is strongly impacted by Trump tariffs Read More »
The European Union (EU) and Malaysia have officially resumed negotiations for a Free Trade Agreement (FTA), aiming to enhance economic cooperation and unlock new trade opportunities. The talks, which were previously suspended in 2012, are expected to address key issues such as market access, investment protection, and digital trade. Key Priorities of the Negotiations include
EU and Malaysia Relaunch Trade Talks Read More »
The European Union’s pending anti-deforestation law presents both challenges and opportunities for Malaysia’s palm oil industry, Malaysia’s deputy commodities minister has stated at an industry conference. The country’s deputy Minister Chan Foong Hin explained it was crucial for the industry to understand the impact of the EU law so that domestic practices could be adapted and
Fate of EUDR remains uncertain as debate continues Read More »
This week, the European Commission has announced that the EU and Australia have signed a new partnership in critical raw materials. According to the Commission, “This MoU is a leap forward in securing more sustainable critical raw materials for the EU, while boosting investment in Australia.” https://x.com/VDombrovskis/status/1795346837161050442?t=g_ukPNjpRCl7PEupMWxD7g&s=19 It further notes that “this partnership aims to
EU and Australia sign new partnership in critical raw materials Read More »
The European Parliament has voted to approve the Deforestation Regulation (EUDR), as part of a whole range of proposals, including the new CBAM carbon border tariff. The new rules create new trade barriers and bureaucracy for wood imports, and have angered trading partners in South East Asia. 🌳Deforestation Parliament adopts new regulation to fight climate