China Chamber of Commerce to the EU (CCCEU) 欧盟中国商会’s Post

🇪🇺 All eyes on Brussels for us next week as European Commission President Ursula von der Leyen is expected to present the new Commission on Wednesday 11th. And we'll be in town on Tuesday to discuss some of the topics we think should be high up the agenda for the new Commission. 🌍 Our high level roundtable will take a global view of green industrial policies and consider how major economies need to ensure all countries see the benefits of industry transition. We're looking forward to a lively discussion moderated by Arati Davis with Aaron Maltais and Timothy Suljada 🌟 Key takeaways to follow

ICYMI Forum on Trade, Environment & the SDGs (TESS) is pleased to share this Synergies article by Kevin P Gallagher & Tim Hirschel-Burns from Boston University Global Development Policy Center, on: ➡ what incentives World Trade Organization & the multilateral trade & investment regime can provide for low-carbon, socially inclusive, & climate-resilient growth trajectories. ➡ Find out more: https://bit.ly/3vii6G5

German masterminds are currently touring through China. What challenges they do face? Carbon footprint, battery technologies, AI, smart interfaces, lifecycle recycling need new or refreshing regulations. Does China use regulations to benefit their own economy? What negotiating options do the Germans have? #China #Regulation #SmartCustoms #PrepareBeforeNego #Germany #Friendship #WinWin

Draghi's Blueprint for EU Competitiveness: €800 Billion, Green Innovation, and a Strategic Trade Vision The Draghi Report outlines a comprehensive strategy to boost the EU's competitiveness, calling for €800 billion in additional annual investment, aligning decarbonization with industrial strategy, and a careful approach to PFAS regulation. Draghi emphasizes the need for a more assertive use of trade as a geopolitical tool and stronger policies on AI and digital sovereignty. Draghi's recommendations are a balanced mix of innovation and caution: • High-risk, high-reward innovations: A push for increased investment in breakthrough technologies that will shape the future of European industries. • PFAS regulation: Advocating for a nuanced approach that safeguards both our environmental commitments and the vitality of key industries. • AI and Digital Sovereignty: Accelerating AI adoption to meet the EU’s 2030 targets, while ensuring Europe maintains control over critical digital infrastructures. • Critical raw materials: Strategic initiatives to secure the resources essential for the next generation of technologies, reinforcing Europe's industrial resilience The report also highlights the need for Europe to leverage trade as a more assertive geopolitical tool, positioning the EU as a global leader in both economic and technological spheres. We have a two pager on the key issues, take a look below. Our team at the Israel Trade Mission to the EU remains committed to closely monitoring regulatory and policy developments. Follow us for updates, and don’t hesitate to contact us for further information. #EUCompetitiveness #Innovation #Sustainability #DigitalTransformation #EconomicGrowth #PFAS #TradePolicy #EconomicResilience #GreenEconomy #TechInnovation #InvestmentStrategy #ClimateAction #AIAdvancements #TradeAndEconomy #SustainableDevelopment #RawMaterialsSecurity #Trade Yulia Lerner Snir Lena Zeiger Naama Ben-Menachem Yasmin Azhari Foreign Trade Administration - Ministry of Economy & Industry

Take a look at this interesting update, we are in for an interesting circle for the next #euparliament and the #eucommission, in terms of balancing the industrial and trade policy perspectives

Free Lecture on Globalisation, Sustainability and the Power of Ideas by University of Cambridge An interactive dialogue with renowned experts and leaders in the field delivered by Dr Ngozi Okonjo-Iweala, Director-General of the World Trade Organization. This briefing highlights how trade law and policy is evolving to address our world’s challenges, underlining the idea that the WTO can and must be part of an urgent socio-economic re-globalisation towards #sustainability. Watch it this week: https://lnkd.in/eyGiwTyq #ReGlobalisation #policy #ESG

An interesting read: Dialogue, as defined by Merriam-Webster, is a conversation aimed at resolution, emphasizing movement towards an end. The recent World Trade Organisation's Ministerial Conference in Abu Dhabi exemplifies this dynamic process. While core issues like WTO dispute mechanisms and reducing subsidies remained unresolved, the gathering served as a vital platform for diverse countries to manage global change and foster future consensus. Despite criticisms of the WTO's cumbersome processes and limited enforcement powers, progress was made, including an extension of the e-commerce moratorium and accelerated discussions on dispute settlement reforms. Amidst global economic disruptions and increasing regional trade deals, the importance of effective international organizations like the WTO grows. Abu Dhabi's hosting of the conference highlights the UAE's commitment to consensus-building and dialogue, akin to its successful hosting of the Cop28 climate summit. While some may focus on unfinished agenda items, such encounters foster valuable progress, as emphasized by WTO Director-General Ngozi Okonjo-Iweala. Building on the momentum from Abu Dhabi, WTO members must refocus on reaching consensus in 2026, underscoring the essence of dialogue.

Thanks Noga Feige and AHK Greater China for publishing my and Hendrik Schuldt's explainer article on the EU Carbon Border Adjustment Mechanism in the latest magazine on #sustainability and #esg in #China. While the submission of the Q1/Q2 2024 #CBAM reports is still possible with default values for embedded emissions, from Q3 2024 real emission values need to be reported. What does #CBAM means for both EU importers and Chinese producers? - From Q3 2024, reporting obligation will be more complex and an automated solution is recommended. - Emission accounting for CBAM is highly relevant for non-EU-producers of #iron, #steel, #aluminium, #hydrogen, #fertilisers to be able to provide data in the coming months. - Understanding CBAM cost exposure snd building organisational strategy around CBAM necessary to navigate this complex regulation Reach out to carboneer for further discussions on #CBAM and its implications!

In my latest article "International trade as an instrument for decarbonization: Exploring the EU-Gulf relations," I argue that international trade is critical for industrial decarbonization in that, through free trade, there can be open borders for access to cheap and good-quality green goods, which, in turn, can help decarbonize the economy and generate wealth. Ways in which the link between trade and sustainability can be designed include energy transition partnerships, capacity building, technology transfer, and access to green-product markets, among others. This article brings forward the potential of a trade and sustainability partnership between two regions: the European Union and the Gulf Cooperation Council. Available: https://lnkd.in/dueDhbFs

[International Trade Forum] Switzerland has signed numerous free trade agreements (FTAs) with various states, offering significant advantages to exporting companies. However, navigating these FTAs can be complex due to their diverse nature and evolving rules of application. Switzerland Global Enterprise organise tomorrow the International Trade Forum, where experts will delve into this topic, providing a comprehensive overview of the current scenario and anticipated developments. Gain valuable insights from Swiss companies sharing their experiences and associated challenges. CleantechAlps is happy to make entries available to its network. First come first served, write en e-mail to laura.schwery@cleantech-alps.com Don't miss out on this opportunity to stay ahead in international trade: https://lnkd.in/dCMZ7-ss