European Union and China to boost cooperation in custom controls and tackling counterfeit goods.
China is the single most important challenge for EU trade policy. EU-China trade has increased dramatically in recent years. China is now the EU’s 2nd trading partner behind the USA and the biggest source of imports. The EU is China’s biggest trading partner. China is set to be the biggest national exporter in the global economy in 2009. China now accounts for about 9% of world trade in goods. Total bilateral trade between the EU and China was worth €326 billion in 2008.
EU-Canada Summit to launch negotiations for a new economic and free trade agreement
The European Commission bans DMF in consumer products such as toys and shoes and orders a recall of products with DMF in the market. The biocide dimethylfumarate (DMF) has caused severe allergic reactions, including skin itching, irritation, redness, burns and, in some cases, acute respiratory difficulties.
The European Commission welcomes today’s adoption by the European Parliament of its proposal to substantially strengthen EU-rules on toy safety. It gives consumers assurance that toys sold in the EU fulfil the highest safety requirements world-wide, especially those relating to the use of chemical substances.
Is the European Single market a blessing, or is it a curse? Watch the video.