BR100 Decreased By (-0.64%)
BR30 Decreased By (-0.49%)
KSE100 Decreased By (-0.49%)
KSE30 Decreased By (-0.6%)
AGHA 7.69 Decreased By ▼ -0.12 (-1.54%)
BECO 5.16 Decreased By ▼ -0.05 (-0.96%)
BML 57.96 Increased By ▲ 0.46 (0.8%)
BOP 34.09 Increased By ▲ 0.06 (0.18%)
CNERGY 10.08 Increased By ▲ 0.12 (1.2%)
CSIL 5.29 Decreased By ▼ -0.02 (-0.38%)
FCCL 53.89 Decreased By ▼ -0.81 (-1.48%)
FFL 16.60 Decreased By ▼ -0.09 (-0.54%)
FNEL 1.23 No Change ▼ 0.00 (0%)
KEL 7.30 Decreased By ▼ -0.10 (-1.35%)
KOSM 5.80 Increased By ▲ 0.03 (0.52%)
LOTCHEM 29.25 Decreased By ▼ -0.07 (-0.24%)
MLCF 92.40 Decreased By ▼ -1.96 (-2.08%)
NBP 201.53 Decreased By ▼ -1.52 (-0.75%)
NCPL 57.00 No Change ▼ 0.00 (0%)
NPL 67.40 Decreased By ▼ -0.30 (-0.44%)
OGDC 315.50 Decreased By ▼ -0.34 (-0.11%)
PACE 10.63 Decreased By ▼ -0.01 (-0.09%)
PAEL 42.61 Decreased By ▼ -0.59 (-1.37%)
PIBTL 16.60 Decreased By ▼ -0.14 (-0.84%)
PPL 218.82 Decreased By ▼ -0.96 (-0.44%)
PRL 51.35 Increased By ▲ 2.16 (4.39%)
PTC 70.21 Decreased By ▼ -0.32 (-0.45%)
SSGC 27.40 Decreased By ▼ -0.85 (-3.01%)
TBL 9.78 Decreased By ▼ -0.08 (-0.81%)
TELE 8.74 Decreased By ▼ -0.05 (-0.57%)
TPL 18.40 Increased By ▲ 0.16 (0.88%)
TPLP 13.54 Increased By ▲ 0.27 (2.03%)
TREET 22.50 Decreased By ▼ -0.22 (-0.97%)
TRG 60.05 Decreased By ▼ -0.09 (-0.15%)
Business & Finance

EU to be tougher in trade talks, include climate change goals in deals

  • The Commission will also propose on Thursday that the 2015 Paris climate change agreement be an essential part of future trade deals and seek commitments from G20 partners on climate neutrality targets, the Financial Times reported him as saying.
Published Updated
By

BRUSSELS: The European Union will become more assertive in trade talks and push for its international partners to include combating climate change in future deals, its trade commissioner said.

In an interview published in several media outlets of a review of the 27-nation bloc's trade policy on Thursday, Valdis Dombrovskis said the EU would seek an overhaul of the World Trade Organisation's dispute settlement system and ensure it set rules for digital trade.

"To defend ourselves when other parties do not play by the rules, the EU will take steps to be tougher and more assertive," Dombrovskis was quoted by Politico as saying. "We will strengthen the tools at our disposal to stand up for our rights and values, and protect ourselves from unfair trade practices."

The Commission will also propose on Thursday that the 2015 Paris climate change agreement be an essential part of future trade deals and seek commitments from G20 partners on climate neutrality targets, the Financial Times reported him as saying.

The bloc will also examine due diligence rules that aim to exclude products linked to forced labour from EU companies' value chains, and press forward with proposed legal powers to protect the EU from coercive actions by third countries.

Comments

Comments are closed for this article.