Reading Time: 2 minutes Strasbourg | Reuters — The European Union and Canada secured clearance on Wednesday for their contentious free trade deal and the removal of import duties that supporters say will boost growth and jobs on both sides of the Atlantic. The two parties can claim a success for their open markets policy after months of protest […] Read more
EU, Canada secure clearance to kick-start free trade deal
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
Key European body backs EU-Canada trade deal
Reading Time: 2 minutes Brussels | Reuters — A planned EU-Canada free-trade deal moved closer to reality on Tuesday after a key committee advised the European Parliament to give its backing after months of protests and heated debate. The EU-Canada Comprehensive Economic and Trade Agreement (CETA) is seen as a test of Europe’s ability to forge future trade accords […] Read more
Syngenta sees no sale of ChemChina’s Adama to smooth merger
Reading Time: 2 minutes Davos, Switzerland | Reuters –– Syngenta, the Swiss pesticides and seeds group being taken over by ChemChina, does not expect antitrust regulators to force the Chinese state-owned company to put its subsidiary Adama up for sale, Syngenta’s CEO said on Tuesday. “Adama will not need to be sold. There will be some remedies in both […] Read more
EU-Canada trade deal clears further hurdles in Europe
Reading Time: 2 minutes Brussels | Reuters — A planned EU-Canada free trade deal received backing from a committee of the European Parliament and Germany’s top court on Thursday, increasing its chances of entering force later this year. The European Union and Canada signed the Comprehensive Economic and Trade Agreement (CETA) in October, but only after opposition from a […] Read more
EU regulators delay ChemChina/Syngenta decision
Reading Time: < 1 minute Brussels | Reuters — European Union antitrust regulators have extended the deadline for a decision on ChemChina’s proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days, to April 12. Syngenta said in a statement the two companies had asked for the extension to allow “sufficient time for the discussion of remedy […] Read more
Russia’s (grain) strengths… and weaknesses
Reading Time: 2 minutes Strengths Russia is blessed with many advantages that strengthen its position as a wheat exporter: Russian wheat production is in close proximity to Egypt and Turkey — two of the world’s largest wheat importing markets. There is ample arable land — Russia possesses almost 10 per cent of the world’s arable land (122 m ha). […] 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
A message from April Stewart, Country Guide's Associate Editor
