Finance & Trade

Business Group Promotes Post-Brexit UK-Ireland Trade

January 13, 2017

The British Irish Chamber of Commerce, a private sector trade organization, has organized a British Irish Gateway for Trade service linking businesses in the UK and Ireland to promote continued economic links between the countries following the UK's exit from the EU.
Abbott: EU Stymies Free Trade with Outsiders

January 11, 2017

In the foreword for a report by UK politicians, former Australian Prime Minister Tony Abbott calls for Britain to take advantage of its decision to break with the "protectionist" policies of the EU by signing a free trade agreement with Australia and other "economically advanced Commonwealth countries."
ECJ Official: EU Members Must Ratify Singapore Trade Deal

January 05, 2017

Bloomberg reports that, in a warning sign to UK officials who wish to negotiate a comprehensive trade agreement with the EU following Brexit, an Advocate-General of the Court of Justice of the EU has issued an opinion finding that all EU member states must approve a trade deal with Singapore before it becomes effective.
Australian Official Predicts Quick UK Trade Deal

January 03, 2017

Australian High Commissioner to Britain Alexander Downer has called on British officials to proceed quickly with leaving the "protectionist" EU and has predicted that the negotiation of a free trade agreement between Australia and Britain will be "no problem."
Businesses Express Concern on Future of Swiss Tax

December 09, 2016

A survey by auditor KPMG reveals the concern of businesses operating in Switzerland that the country will lose its competitive edge as a favorable jurisdiction for corporate tax planning as it adopts global, harmonized tax standards developed by the Organisation for Economic Co-operation and Development (OECD) and the EU.
UK Explores Continuation of EU Trade Deal Terms

December 08, 2016

Politico reports that the UK Government is investigating its ability to maintain the terms of EU trade deals with non-EU countries following its exit from the bloc.
EU "Mainstreams" Development Goals in Policy

December 08, 2016

A fact sheet from the European Commission describes how it will "mainstream" the UN's comprehensive Sustainable Development Goals (SDGs) in the EU's social, environmental, and economic policies and develop a European Consensus on Development to advance the SDGs around the world.
EU Rule Would Stymie US Bank Operations

December 07, 2016

The Irish Times reports that American banks are warning that US law on separating investment banking from retail and commercial activities would make it impossible for them to comply with a late amendment to an EU banking regulation package requiring them to combine all operations under a single holding company.
ECB Official Seeks Deeper EU Financial Integration

December 07, 2016

In remarks to the Economic and Monetary Union (EMU) Forum 2016, Peter Praet, a Member of the Executive Board of the European Central Bank, called for safeguarding the EMU by expanding financial integration in the eurozone, centralizing cross-border bank supervision and risk sharing, and centralizing the development of fiscal rules throughout the bloc.
UK Announces Pre-Brexit Talks on Trade with Norway

December 07, 2016

British Ambassador to Norway Sarah Gillett has announced that the two countries will engage in a "trade policy dialogue" beginning in December 2016 to discuss their trade relations following the UK's exit from the EU.