Reading Time: 2 minutes Birmingham | Reuters –– Britain’s farm policy is set for a major shake-up when the country leaves the European Union because the current system is poor value for money, has too much red tape and provides few incentives to use the latest technologies, farming and environment minister Andrea Leadsom said Tuesday. Leadsom said she was […] Read more
U.K. farming minister seeks big changes to farm policy post-Brexit
EU said set to approve ChemChina bid for Syngenta
Reading Time: < 1 minute Brussels | Reuters — ChemChina is set to secure conditional EU antitrust approval for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, two people familiar with the matter said on Thursday. The deal — the largest foreign acquisition by a Chinese company — is important for China, the world’s largest agricultural market, […] Read more
CETA clears legal test hurdle in EU parliament
Reading Time: 2 minutes Strasbourg | Reuters –– The planned EU-Canada free trade deal cleared a hurdle to its implementation next year when the European Parliament rejected a motion on Wednesday to ask the top European Union court to rule on its legality. The vote by lawmakers in the parliament is an indication they will also ultimately back the […] Read more
EU wheat rises ahead of U.S. elections, USDA report
Reading Time: < 1 minute Paris/Reuters – European wheat prices rose in the wake of Chicago on Tuesday in a broader rise across international markets which increasingly anticipated the victory of Democratic nominee Hillary Clinton in the U.S. Presidential elections. Traders also pointed to short covering and technical buying ahead of the election results and the release a much awaited […] Read more
German cabinet approves draft law banning GM crops
Reading Time: < 1 minute Berlin | Reuters — The German cabinet has approved a draft law banning cultivation of crops with genetically modified organisms (GMOs), government sources told Reuters on Wednesday. Germany had announced in September 2015 that it will ban cultivation of crops with GMOs under new European Union rules allowing member states to opt out of their […] Read more
EU, Canada sign free trade deal but battle not over
Reading Time: 4 minutes Brussels | Reuters –– The European Union and Canada signed a free trade agreement on Sunday that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force. Canadian Prime Minister Justin Trudeau signed the treaty along with […] Read more
EU, Canada to hold trade summit Sunday
Reading Time: < 1 minute Brussels | Reuters –– The European Union and Canada will hold a summit to sign their free trade deal on Sunday, European Council President Donald Tusk said on Friday, after Belgium had cleared the agreement with its regional governments. “Mission accomplished! Just agreed with PM @JustinTrudeau to hold EU Canada Summit this Sunday,” Tusk said […] Read more
Belgium’s Walloon parliament backs EU-Canada trade deal
Reading Time: 2 minutes Brussels | Reuters — The parliament of Belgium’s French-speaking region of Wallonia voted in favour of a planned EU-Canada trade agreement on Friday, ending its opposition that threatened to destroy the entire deal. Lawmakers of Wallonia, which led Belgian opposition to the Comprehensive Economic and Trade Agreement (CETA), 58 voted for and five against, after […] Read more
Belgium breaks deadlock over EU-Canada trade pact
Reading Time: 2 minutes Brussels | Reuters — Belgium agreed a deal with its regional parliaments on Thursday to approve a landmark EU-Canada free trade agreement, breaking a deadlock that has blocked the pact for weeks. Prime Minister Charles Michel said the heads of the regions had drawn up an addendum to the agreement that answered their concerns over […] Read more
Belgians struggle to agree on text to save CETA
Reading Time: 2 minutes Brussels | Reuters –– Belgian politicians failed to break their deadlock over a planned EU-Canada free trade agreement on Wednesday, but agreed to resume talks on Thursday in a sign they may be nearing a consensus that would keep the deal alive. The Comprehensive Economic and Trade Agreement (CETA), seven years in the making, is backed […] Read more