STTAS EU Trade Weekly: TTIP, Trade Preferences, Toys, Transfer Pricing, Origin Labeling
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International Trade Committee issues draft recommendations on TTIP negotiations
The recommendations address negotiating objectives on improving market access, reducing non-tariff barriers, enhancing the compatibility of regulatory regimes, developing common rules to address trade challenges and opportunities, ensuring transparency and civil society involvement,
EU wins WTO dispute against Chinese anti-dumping duties on stainless steel tubes
The WTO ruled that China improperly calculated dumping margins, failed to justify its injury finding and did not meet WTO requirements in terms of due process and transparency.
AD measures on sodium gluconate, aluminum road wheels from China set to expire
Requests for a review of the anticipated 29 October expiration of these orders are due by 29 July.
EU offers least-developed countries preferential market access for services
On 5 February Brussels signaled its willingness to allow professionals from LDCs to provide short-term services in about 30 sectors or subsectors, including architecture, engineering, research and development, management consulting and computer services.
Limit on chromium VI in toys could be lowered
The European Commission’s Scientific Committee on Health and Environmental Risks has concluded that the current migration limits for chromium VI from toys should be revised downward but acknowledges that the proposed limits may not be achievable for certain toy materials.
Parliament sets up special committee on tax rulings
The committee is being established in the wake of a series of investigations launched by the European Commission into tax rulings for multinational companies in certain EU member states.
Public consultation on transfer pricing matters
The consultation to be held 19-20 March will concentrate on matters covered by four recent discussion drafts on topics such as profit splits in the context of global value chains and transfer pricing aspects of cross-border commodity transactions.
MEPs call for country of origin labelling of meat in processed foods
Members urged the European Commission to come up with legislative proposals that would make such labeling mandatory to bolster food safety and consumer confidence.