EU’s trade negotiations with Indonesia, Thailand, and Singapore in full swing, talks with Philippines to start “soon”, while a restart with Malaysia could be on the horizon.
The Commission’s Directorate-General for Trade’s unit covering Southeast Asia has an increasingly busy agenda as trade talks with ASEAN members intensify.
EU closes trade deficit with ASEAN in 2023, overall region-to-region trade sees slight decline year-on-year
2023 trade data showed a year-on-year decline on EU-ASEAN trade. However, the overall trajectory of of EU-ASEAN trade relations continues to grow.
Outcome of the European Elections, 6 – 9 June 2024
The 2024 European Parliamentary Election saw EU citizens looking towards the right, a complete opposite of the previous EP election. While the center blocs retains its majority, left leaning parties such as the Greens/EFA and Renew Europe taking significant loses.