The EU-China CAI—perspectives from the European business community in China

Author(s):  
Joerg Wuttke
Author(s):  
Francesca Ghiretti

AbstractThe formal conclusion of the Comprehensive Agreement on Investments (CAI) has drawn much criticism. Criticisms for member states did not always recognise the same critical points. The case of Italy presents an instance in which the issue rather than laying in the content of the agreement was identified in the process. Not only had Italy been marginalised in the process of negotiation that led to the conclusion of the CAI, but also exponents from the government claim that leading negotiators, amongst which France and Germany, ignored Italy’s doubts about the deal when these were raised. Beyond politics, the paper shows that the Italian business community displays a response to the agreement in line with that of the rest of the EU in its positive assessment of the outcome.


2021 ◽  
Vol 4 (12) ◽  
pp. 98-104
Author(s):  
Vadim V. Demichev ◽  

The article discusses the experience of strategic planning for the digital transformation of the EU economy, including agriculture. The main directions of the digitalization strategy were studied, including the development of digital skills, the formation of digital infrastructure, and the digital transformation of busi-ness. The key components of the European business digitalization strategy are systematized. The role and relationship of the most important technologies has been substantiated. Recommendations for the digitaliza-tion of agriculture in Russia have been developed


Author(s):  
Robert Basedow

The article traces the evolution of the legal competences of the European Union (EU) in international investment regulation from the Spaak Report (1956) to the Lisbon Treaty (2009). It focuses on the question why and how the EU gradually acquired legal competences in this key domain of global economic governance. The analysis suggests that Commission entrepreneurship and spill-overs from other EU policies were the most important factors fuelling the extension of the EU’s legal competences. The Member States, on the other hand, sought to prevent a competence transfer. European business – arguably the main stakeholder – was mostly uninterested or divided regarding the EU’s role in international investment policy. The findings have implications for our perception of business lobbying in international investment policy and potentially for the legal interpretation and delimitation of the EU’s new competences.


2021 ◽  
Vol 18 (2) ◽  
pp. 190-217
Author(s):  
Beate Sjåfjell

Abstract The world faces a complex convergence of social and ecological crises: climate change, biodiversity loss, resource scarcity, human rights violations, rising inequality and societal instability. The United Nations adopted Sustainable Development Goals (SDGs) for ‘the future of humanity and of our planet’, calling on business to contribute to solving these pressing challenges. Yet business in aggregate is a driver of the current convergence of crises and the discussion of how to promote sustainable business is therefore high up also on the agenda of the European Union (EU). The EU increasingly shows recognition of the need for regulatory initiatives to promote the integration of sustainability into European business, resonating with the EU’s high-level commitment to sustainability. This article is a contribution to the discourse on how to regulate European business so that it contributes to a sustainable future for all, including for European business itself. The article briefly outlines the basis in the EU treaties for reform of EU company law and the risks of continued unsustainability, moving on to the argument for including company law in the legislative toolbox, and outlining ideas for how such a reform could be shaped.


2019 ◽  
Vol 25 (1) ◽  
pp. 23-36
Author(s):  
Hitoshi SUZUKI ◽  
Izuru MAKIHARA

Negotiations on a Japan-EEC trade agreement faced a deadlock only three years after the launch of the common foreign trade policy in 1970. The European Commission adopted a step-by-step approach to change the climate. European business people were sent to Japan under the ETP-Japan. The Commission welcomed Japanese investments so that Japanese exports could be reduced. Japanese plants were launched in Britain. After the cold war ended, Japanese manufacturers headed towards the newly liberalised countries. Japan’s policy of commitment - via both aid and investments - was an extension of her relations with the Central and Eastern European countries during the cold war, namely towards the GDR. However, after 1991, Japan’s priority was not limited to her market share in Europe and gained a longer perspective to stabilise the region. Joint efforts made Japan and the EU claim themselves as global actors. Both shared fears on global warming and agreed upon the Kyoto Protocol of 1997.


ICR Journal ◽  
2010 ◽  
Vol 2 (1) ◽  
pp. 186-189
Author(s):  
Christoph Marcinkowski

Cooperation between the European Union (EU) and Malaysia started with the 1980 European Commission-ASEAN Agreement which has made it possible for Malaysia to benefit from a number of ASEAN and Asia-wide cooperation programmes. The EU Delegation to Malaysia was opened in 2003 and since then dialogue, policy interaction and cooperation with both federal and state authorities, the Malaysian and EU business community as well as the civil society has increased progressively. Moreover, Malaysia is also the EU’s second most important trading partner in ASEAN. No bilateral preferential trade arrangements exist between Malaysia and the EU, but under the new Generalised System of Preferences (GSP), in force since January 2006, the share of Malaysia’s merchandise exports to the EU eligible for preferential treatment rose from 16 per cent to 81 per cent. Over 70 per cent of Malaysia’s exports to the EU now enter duty-free. Malaysia records a trade surplus with most EU Member States.


Author(s):  
Laurentiu Dumitru Andrei ◽  
Cristina Vlad ◽  
Petre Brezeanu

Abstract This article opens a suite dedicated to State Treasury financial structure optimization. It further develops our previous excursus on State Treasury mechanism, operation policies and practice, alignment to EU regulations, and the influence of fiscal pressure on the EU states economies. This article concentrates on risk prevention and containment of the possible impact. It further describes the financing policy that has been adopted. The following section describes the effects of the applied policies and practice, as well as the accessed financial package. We have included a lessons learned section, to outline what we strongly believe should achieved for enriching the data sets and processing automation - these being instrumental to ensure the accuracy and relevance of the decision process and actions. We finally project the main theme of the future articles and to outline the need of competitive central administration partner for the national business community - which is tightly and ever tighter connected to its global counterparties.


2017 ◽  
Vol 14 (3) ◽  
Author(s):  
Julia Told

The United Kingdom (UK) has voted to leave the European Union (EU). Ever since the deficiencies of Art. 50 TEU allowing for an exit from the EU (‘Exit’) have caused legal uncertainty. This article intends to shade light on the main questions causing this uncertainty: In a first main part it elaborates on the requirements to be met in order to invoke Art. 50 TEU. As of now, it is discussed highly controversially if a notification pursuant to Art. 50 TEU is conditional upon the compliance with national constitutional requirements and if such a notification can be unilaterally revoked. It is found that national constitutional requirements have to be met before Art. 50 TEU can be invoked and that a notification is not unilaterally revocable. Furthermore, this part elaborates on the requirements for the conclusion of an Exit-agreement as well as the consequences of an Exit without an Exit-agreement. The second main part of the article shifts perspective to potential future legal relations between a former Member State and the EU. It structures possible legal consequences by classifying four different scenarios: (1) No Exit, (2) Exit and the former Member State remaining member of the EEA on the side of EFTA, (3) Exit and bilateral approach compared e. g. to Switzerland, Turkey or Canada (4) Exit and no more direct legal connections between the EU and the former Member State besides multilateral international treaties. In a third part these scenarios are tested on their legal consequences in certain areas of law most of them relating to European business law. Of course, this article can by no means address all affected areas of law and had to make a choice.


2021 ◽  
Vol 59 (1) ◽  
pp. 149-160

The objective of this paper is to explore the latest trends in sustainable corporate governance with а focus on the purpose of the company. Referring to her previous research projects and publications, the author aims to build on the preceding findings and research results. The objective of the paper is to give an answer to whether company purpose (the new mantra) is a totally new concept within the framework of corporate governance or, in other words, whether the business community has changed completely and whether a new business model has been developed by academia, consultants and business leaders. To answer these questions the author has initiated a literature survey and web mining to get a fresh perspective from the corporate practices in the EU and US economies. Experts’ views and judgement are discussed in order to obtain information about the agenda and priorities of listed Bulgarian companies. The paper is structured as follows: overview of sustainable corporate governance (introduction); survey on the academic views on the purpose of the company (part one); investigation of the business views on the purpose (part two) and the corporate governance agenda – shareholders’ perspective on the purpose studies (part four) and conclusions and suggestions for future research.


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