Background

ST&R’s Collinson: Pandemic forcing rethink of corporate sustainability, supply chains

“Companies with operations in multiple countries must deal with pandemic impacts more than once, she noted, grappling with different challenges in each country. That experience, she suggested, has led to ‘a general trend of a rethink -- the rethink being ‘if we have a supply chain that touches multiple countries, does it need to touch that many countries? Can we minimize that exposure?’’”

[Inside US Trade]

U.S., UK launch trade agreement negotiations

“An FTA is a priority for both countries and we share a commitment to secure an ambitious agreement that significantly boosts trade and investment. We will undertake negotiations at an accelerated pace and have committed the resources necessary to progress at a fast pace.”

[USTR]

EU and Mexico conclude negotiations for new trade agreement

“Under the new EU-Mexico agreement, practically all trade in goods between the EU and Mexico will be duty-free. The agreement also now includes progressive rules on sustainable development, such as a commitment to effectively implementing the Paris Climate Agreement. It is also the first time that the EU agrees with a Latin American country on issues concerning investment protection. Simpler customs procedures will further help boost exports.”

[European Commission]

Launch of African free trade deal postponed due to coronavirus

“‘It is obviously not possible to commence trade as we had intended on 1 July under the current circumstances,’ Wamkele Mene, Secretary-General of the African Continental Free Trade Area, said during a conference call. Mene did not say whether there was a new targeted implementation date.”

[Reuters]

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