Fin Skinnari invites EU ministers

Fin Skinnari invites EU ministers

Minister Ville Skinnari will chair an informal lunch meeting of EU trade ministers in Brussels on 1 October and attend the Trade for Her conference on 30 September.

Minister for Development Cooperation and Foreign Trade Ville Skinnari has invited the EU trade ministers to the informal lunch meeting to discuss topical trade policy issues.

The situation at the World Trade Organization (WTO) remains difficult. The WTO’s dispute settlement system will be paralysed at the end of the year, which will undermine the multilateral trading system. According to the Minister, it important for the EU to continue its efforts to maintain a multilateral rules-based system and for the WTO’s dispute settlement system to be preserved.

During its Presidency of the Council of the EU, Finland is emphasising the implementation of free trade agreements, and the ministers will discuss this as well. The European Commission’s annual report on the subject is currently under preparation.

The EU and Mercosur (Argentina, Brazil, Paraguay and Uruguay) were able to reach a political agreement on their free trade deal at the end of June. The meeting will discuss the next steps.

“The agreement itself is an important achievement and opens doors to a relatively closed market. We’re still finalising the technical details, but the economic and geopolitical significance of the agreement is already evident at this stage. And I am sure that the situation in Amazon will come up as well,” Skinnari says.

The ministers will also have the opportunity to exchange views on the 

By Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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