European Commissioner for Trade

The European Commissioner for Trade Cecilia Malmstrom said she expected a suspension of talks between the US and the EU on the Transatlantic Trade and Investment Partnership (TTIP), Friday, following the election of Donald Trump as US President. “Now there is a newly elected President. We do not know what exactly will happen.

French-speakers in southern Belgium, accounting for less than 1 percent of the 508 million EU consumers likely to be affected by CETA, raised objections that held up the deal until a breakthrough on Oct. 27 that was confirmed by regional parliamentary votes a day later. "All's well that end's well," said European Commission President Jean-Claude Juncker.

The 10th WTO Ministerial Conference, gathered in Nairobi since Tuesday, agreed on Sunday on a global trade deal that benefits developing countries in Africa and around the world by getting rid of trade distorting export subsidies in agriculture. As regards EU producers, they will for the first time see a level playing field in export competition, a key priority for EU negotiators.

World Trade Organization (WTO) member countries agreed to abolish agricultural export subsidies after five days of talks in Nairobi, but failed to make progress on the long-stalled Doha Round of negotiations aimed at lowering global trade barriers.

The next round of the negotiations on the Transatlantic Trade and Investment Partnership (TTIP) will be launched Monday.

Earlier in July, EU Commissioner for Trade, Cecilia Malmström stated that the final parameters of the agreement will most probably be postponed for the upcoming year.

Russia didn't seek a delay to the planned start of a free-trade pact between Ukraine and the EU at trilateral talks on Monday, EU Trade Commissioner Cecilia Malmstrom said.

The European Union and Turkey have agreed to upgrade their decades-old Customs Union, bringing the economies of the two closer together even as Turkey's bid to become an EU member remains in deep freeze. 

Turkish Economy Minister Nihat Zeybekci and the EU commissioner for trade will sign a memorandum of understanding next week to draw framework of upgrading the Customs Union, EU Minister Volkan Bozk?r has stated, noting that one provision in the accord will automatically make Turkey part of any free trade agreement deal that the EU signs with a third party.

The tenth consecutive round of negotiations between the EU and the US regarding the Transatlantic Trade and Investment Partnership (TTIP) is set to start Monday in New York.

Talks continue as the proposal for an economic agreement was made more than two years ago. The idea behind it was for the biggest trade zone in the world to be created.

Russia's Economic Development Minister Alexey Ulyukayev and EU TRade Commissioner Cecilia Malmstrom are to hold talks over the implementation of the Ukraine-EU Association Agreement.

Representatives of Ukraine will not be present at the negotiations, ITAR TASS reported.

Ulyukayev stated that he expects '' a frank conversation'' regarding Russia's concerns on the issue.