GFM Network News


Canada, EU, China, others agree on temporary fix to WTO crisis

Brussels/Davos | Reuters — Canada, the European Union, China and 14 other World Trade Organization members agreed on Friday to create a temporary mechanism to settle trade disputes after U.S. action rendered the WTO incapable last month of acting as the umpire of global trade. The Canadian government and the European Commission said separately that […] Read more



U.S. set to widen trade war on EU front

London/Brussels/Washington | Reuters — The United States won approval on Wednesday to impose import tariffs on US$7.5 billion worth of European aircraft and agricultural goods over illegal EU subsidies handed to Airbus, threatening to trigger a tit-for-tat transatlantic trade war as the global economy falters. The decision by the World Trade Organization pushes a 15-year […] Read more




‘Buyer beware’ on Canada’s cheese concessions, EU exporters say

Toronto/Brussels | Reuters — A trade deal meant to give European cheesemakers more access to the Canadian market is falling short of its promise in its first full year, government data show, frustrating the European industry, which blames a year-old Ottawa quota system. Under the Comprehensive Economic and Trade Agreement (CETA) with the European Union, […] Read more


EU nations back ban on all outdoor neonic use

Brussels | Reuters — European Union countries backed a proposal on Friday to ban all use outdoors of insecticides known as neonicotinoids that studies have shown can harm bees. The ban, championed by environmental activists, covers the use of three active substances — imidacloprid, developed by Bayer CropScience; clothianidin, developed by Takeda Chemical Industries and […] Read more

Germany swings EU vote in favour of glyphosate

Brussels | Reuters — Germany defeated its key EU ally France in a very tight vote on Monday to clear the use of glyphosate herbicide for the next five years after a heated debate over whether it causes cancer. After months of indecisive votes among the 28 member states in Brussels, Germany, whose Chancellor Angela […] Read more


EU delays decision on glyphosate

Brussels | Reuters — EU countries failed on Wednesday to vote on a licence extension for glyphosate, delaying again a decision on the widely used herbicide that critics say could cause cancer. The European Commission said in a statement the relevant committee did not hold a vote at a meeting and that it would announce […] Read more