Opinion Factsheet  

Trade Package

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Opinion Number: CDR 5423/2017
Rapporteur: FANELLI Micaela
Commission: ECON
Status: Adopted
Date: 23/03/2018
 
• to express the CoR political views on the Trade package announced by President Juncker in the SOTEU speech and adopted by the Commission the day after
• to highlight the views and concerns of LRAs with regard to the proposed regulation establishing a framework for screening of foreign direct investments (FDI) into the EU, which is the first legislation on FDI at EU level
• to strengthen further the position of the CoR in relation to the need to enhance transparency and democratic legitimacy of EU trade policy notably through the territorial impact assessments which can be a powerful tool in identifying and quantifying – before the beginning of negotiations – the impact of a given trade deal on European regions, thus facilitating more sound, informed, transparent and evidence-based decisions to be made regarding the content of the deal and enabling tailor-made support to be given to the regions concerned to help anticipate or manage its impact
• to highlight the views and concerns of LRAs with regard to the Commission's non-paper on Trade and Sustainable Development (TSD) chapters in EU Free Trade Agreement (FTAs)
• to highlight the views and concerns of LRAs with regard to the multilateral investment court (MIC)
• to reiterate the CoR political views in relation to the key role played by the EGF in supporting those bearing the consequences of global market opening, and in particular those who have been made redundant because of this and because of the global crisis and the CoR's concrete proposals on the overhaul of the EGF in the future programming period as those proposals were outlined in the CoR opinion on Strengthening territorial resilience: empowering regions and cities to face globalisation
-On 22 January 2018, the ECON commission in the context of the opinion drafting process organised a workshop on International trade and globalisation – Implications for regional growth, employment and industrial renewal. During the workshop, the main findings of the study on Interactions between Trade, Investment and Trends in the EU Industry: EU regions in international trade conducted by the European Parliamentary Research Service at the request of the European Committee of the Regions was presented. Moreover, the draft findings of the OECD paper "Productivity and jobs in a globalised world: (How) Can all regions benefit?" was also presented. This paper provided ideas on how to complement trade policy with a view to strengthening regional economic resilience and helping all regions to unlock their growth potential.

-On 24 April 2018 the ECON Commission held a structured dialogue on Enhancing the Democratic Dimension of EU trade policy: the role of regions and cities, with Cecilia Malmström, European Commissioner for Trade. The Commissioner stressed that the more engagement between local authorities and Member States, the better as this is how the Commission gathers evidence on the positive and negative effects of EU trade policy on the ground. She also underlined that information from all levels - national, regional and local - will be critical in how the EU responds to globalisation. In this context the Commissioner invited the CoR to become an observer to the recently established expert Group on EU Trade Agreements.

-On 16 May 2018, the CoR rapporteur intervened in the debate on the reflexion paper on harnessing globalistaion in the EP INTA Committee meeting. The rapporteur stressed the role of EGF in helping regions deal with the negative impact of globalisation and recalled the CoR proposals (as developed in the opinion on the Trade Package) aimed to improve the way it operates.
THE EUROPEAN COMMITTEE OF THE REGIONS



 holds the view that trade policy is being called upon to deal with multifaceted challenges by striking the right balance between multiple objectives;

 underlines the key role played by the EGF in supporting people losing their jobs as a result of structural changes in world trade patterns due to globalization; reiterates, however, the need, to reform the way it operates;

 emphasises the key role of cohesion policy in ensuring an adequate level of public investment in the regions and territories of the EU that are marginalised from trade flows;

 recalls the CoR's position that it is imperative that any further step in trade liberalisation be preceded by territorial impact assessments which can be a powerful tool in identifying and quantifying – before the beginning of negotiations – the impact of a given trade deal on European regions, thus facilitating more sound, informed, transparent and evidence-based decisions to be made regarding the content of the deal and enabling tailor-made support to be given to the regions concerned to help anticipate or manage its impact;

 repeats its longstanding position that future EU trade agreements must not prevent government at all levels from providing, supporting or regulating public services, or from expanding the range of services they offer to the public , or from providing for the inclusion of certain social clauses;

stresses the need for a balance between the way private investor rights are protected – with sanction mechanisms – and the way workers' rights are upheld – currently without such mechanisms.

Importance

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Award Ceremony - Fair and Ethical Trade Award (DG Trade)

Award Ceremony - Fair and Ethical Trade Award (DG Trade). Fanelli taking part.

 
27 Jun
 

The new legislation on trade defence rules enters into force

Structured dialogue with Commissioner Malmstrom on how regions could better prepare for changing international trade patterns, take active part in the debate and the development of new trade agreements

http://europa.eu/rapid/press-release_IP-18-3973_en.htm

 
08 Jun
 

EU decision to impose additional duties on US products

The College of Commissioners endorsed the decision to impose additional duties on the full list of US products notified to the WTO, as part of the EU's response to the US tariffs on steel and aluminium products.

 
06 Jun
 

Letter inviting the CoR to become an observer to the Expert Group on EU Trade Agreements

Letter inviting the CoR to become an observer to the Expert Group on EU Trade Agreements

 
28 May
 

FAC Trade

FAC Trade. Ministers agree to split the investment protection chapter of FTA into a separate agreement

 
22 May
 

Intervention in EP INTA Committee meeting

The rapporteur intervened in the debate on the reflexion paper on harnessing globalistaion in the EP INTA Committee meeting

 
16 May
 

European Parliament report on Harnessing Globalisation-Trade aspects

EP INTA meeting. Exchange of views on the INI report on Harnessing Globalisation. Fanelli intervening.

 
16 May
 

Structured Dialogue with Commissioner Malmström on Enhancing the Democratic Dimension of EU trade policy: the role of regions and cities

Structured dialogue with Commissioner Malmstrom on how regions could better prepare for changing international trade patterns, take active part in the debate and the development of new trade agreements

 
24 Apr
 

International trade and globalisation – Implications for regional growth, employment and industrial renewal

The workshop looked into how trade and globalisation may affect regions and deepen existing interregional inequalities within the EU. It also discussd what role trade policy along with other EU policies play or could play in helping deal with the challenges of globalisation.

This workshop is linked to the CoR's preparation of an opinion on the Commission's Trade Package as well as CoR opinion on the reflection paper on Harnessing Globalisation (CoR opinion on Strengthening territorial resilience: empowering regions and cities to face globalisation).

During the workshop, the main findings of the study on Interactions between Trade, Investment and Trends in the EU Industry: EU regions in international trade conducted by the European Parliamentary Research Service at the request of the European Committee of the Regions was presented.

The draft findings of the OECD paper "Productivity and jobs in a globalised world: (How) Can all regions benefit?" was also presented. This paper provided ideas on how to complement trade policy with a view to strengthening regional economic resilience and helping all regions to unlock their growth potential.

 
22 Jan