On trade, and in light of President Trump’s attacks on trade multilateralism, the Council’s consensus on ‘preserving and deepening the rules-based multilateral system’ is to be applauded. The WTO system clearly needs to be strengthened and reformed in order to reinvigorate multilateral trade negotiations, rather than destabilising them. Multilateralism is an important part of a global progressive agenda. The Council’s call for a reform of the WTO as an institution is hence a step into the right direction giving a clear sign that the EU resists protectionist initiatives coming from Washington. While protectionism is clearly not the answer, we must ensure that global trade and investment benefit the many and not the few, that it promotes development, reduces global poverty and raises living standards.
The Council’s call for a legislative proposal on the screening of foreign direct investments to be adopted as soon as possible is a good signal. Such a framework is not considered as a form of protectionism, but an instrument to ensure a fair global trade system that provides a level playing field and does not allow social and environmental dumping. In the current situation, China is exploiting the fact that the European market is open to Chinese goods and investments, while European firms face more and more limitations on exports and investments towards China. To promote EU-China trade relations, the progressive response should not aim at punishing China, but at building fair and just relations within the existing multilateral system. The progressive duty is to re-regulate globalised capitalism so that globalisation serves democracy rather than undermining it.
Teresa Ribera, premiada por su labor en política internacional
by El Plural 26/01/2024
Teresa Ribera has been recognized by FEPS with the 'Progressive Person of the Year' award during the launch of the 'Progressive Yearbook.' Article by El Plural
Teresa Ribera, premio ‘Pregressive person of the year’ por su labor en política internacional
by Europa Press 26/01/2024
Teresa Ribera has been recognized by FEPS with the 'Progressive Person of the Year' award during the launch of the 'Progressive Yearbook.' Article by Europa Press
Teresa Ribera, galardonada como “progresista” del año por la Fundación FEPS
by Agencia EFE 26/01/2024
Article by Spanish news agency Agencia EFE, republished by other media via newswire
»Der er tale om en markant udvikling«: Det vrimler med Wolt-bude
by Politiken 19/01/2024
'"This is a significant development": Wolt workers are everywhere' Politiken's article about the Digital Programme's first policy study: 'Employment terms of platform workers'
Other cookies are used for Advertisement and Analytics (Sharing on social networks, video playing, analysis and statistics, personalized advertising ...) You can refuse them if you want to. REJECTACCEPTCookie settings