Agreement

    • G7 agrees on 15% minimum corporate tax rate

      G7 agrees on 15% minimum corporate tax rate

      The world wealthiest countries reached an unprecedented agreement to impose minimum taxes on multinational conglomerates, BBC reported. The deal was struck during a meeting of financial ministers of the G7 countries in London. The group of advanced economies has reached a "historic" deal, UK's financial minister, Rishi Sunak said. Finance ministers meeting in London agreed to commit to the principle of a minimum corporate tax rate of 15%.

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    • EU, ASEAN strike bloc-to-bloc air transport agreement

      EU, ASEAN strike bloc-to-bloc air transport agreement

      The European Union and the Association of Southeast Asian Nations (ASEAN) have concluded negotiations on the ASEAN-EU Comprehensive Air Transport Agreement (AE CATA). This is the world's first bloc-to-bloc air transport agreement, which will bolster connectivity and economic development among the 37 Member States of ASEAN and the EU.

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    • Johnson plans to override parts of Brexit agreement

      Johnson plans to override parts of Brexit agreement

      British PM Boris Johnson is drawing up legislation that will override the Brexit withdrawal agreement on Northern Ireland, a move that threatens the collapse of crunch talks which the prime minister has said must be completed within five weeks British media reported. Johnson will put an ultimatum to negotiators this week, saying the UK and Europe must agree a post-Brexit trade deal by 15 October or Britain will walk away for good.

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    • Commission signs vaccine contract with AstraZeneca

      Commission signs vaccine contract with AstraZeneca

      The first contract the Commission has negotiated on behalf of the EU Member States with a pharmaceutical company enters today into force following the formal signature between AstraZeneca and the Commission, the EU press service reported. The contract will allow the purchase of a vaccine against Covid-19 for all the Member States.

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    • Commission seals agreement with collaborative platforms

      Commission seals agreement with collaborative platforms

      The Commission has reached a landmark agreement with Airbnb, Booking, Expedia Group and Trip Advisor on data sharing, allowing Eurostat to publish data on short-stay accommodations offered via these platforms across the Union, the EU press service reported. The agreement will for the first time permit access to reliable data about short-stay accommodation offered via these collaborative economy platforms, and will contribute to more complete statistics on tourist accommodation across Europe.

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    • Russia cuts price of gas supplied to Bulgaria by 40.3%

      Russia cuts price of gas supplied to Bulgaria by 40.3%

      Bulgargaz and Gazprom Export have finalized their agreement on a 40.3 per cent reduction of the price at which Russia supplies natural gas to Bulgaria, backdated to August 5, 2019, the Bulgarian company's CEO Nikolai Pavlov told a news briefing at the Council of Ministers on Tuesday.

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    • Brexit deal passes the first EP test

      Brexit deal passes the first EP test

      The Constitutional Affairs Committee agreed on Thursday to recommend that the EP plenary should approve the UK withdrawal terms. After parliamentary ratification in the UK was concluded earlier today, with Royal Assent granted for the European Union (Withdrawal Agreement) Bill, Constitutional Affairs Committee MEPs voted in favour of a positive recommendation regarding the EU-UK Withdrawal Agreement, with 23 votes for, three against and no abstentions.

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    • EU-Vietnam free trade deal gets green light in EP trade committee

      EU-Vietnam free trade deal gets green light in EP trade committee

      The EP Committee on International Trade backed on Tuesday the free trade and investment protection agreements between the EU and Vietnam, the EP press service reported. The agreement will remove virtually all tariffs between the two parties in ten years. It will protect emblematic European products, and allow EU companies to access the Vietnamese public procurement market. The agreement is also an instrument to protect the environment and further social progress in Vietnam, including in labour rights

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    • MEPs concerned about post-Brexit citizens' rights

      MEPs concerned about post-Brexit citizens' rights

      In a resolution adopted on Wednesday, MEPs expressed concern about the right of the EU citizens in the UK after Brexit and stated that their consent to the Withdrawal Agreement will take into account “experiences gained and assurances given” about their protection, the EP press service reported. The EP is set to vote on the agreement on 29 January.

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