City
Epaper

New EU trade deals to include sanctions: Dombrovskis

By IANS | Updated: June 23, 2022 04:00 IST

Brussels, June 23 New trade agreements concluded between the European Union (EU) and third countries or regions will ...

Open in App

Brussels, June 23 New trade agreements concluded between the European Union (EU) and third countries or regions will now include sanctions to ensure green, fair and sustainable trade, Valdis Dombrovskis, the European Commission's Executive Vice-President and Commissioner for Trade, said in Brussels.

"We will step up our enforcement, and we will resort to sanctions if key labor and climate commitments are not met," he added.

Trade deals signed with partner countries or regions always include "mutual commitments to implement international agreements on climate, labor rights, etc," he tweeted.

"So, if you sign a deal with us, we need to have the tools to ensure you will deliver on what you said."

The Commission said it would continue to seek dialogue to resolve disputes over labor issues and the environment, and sanctions will only be used as a last resort, Xinhua news agency reported.

"We will include the possibility to apply, as a last resort, trade sanctions for material breaches of the Paris Climate Agreement and the International Labor Organisation fundamental labor principles," a press release said.

Sanctions are among an array of new tools at the EU's disposal to help their trade partners meet their goals in terms of protection of the environment, labor rights and sustainability.

The proposal needs to be approved by the European Parliament and the EU member states' governments to enter into force.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: euEuropean CommissionUnion minister of healthUnion minister for healthJustice commissionState health directorateThe european commissionValdis dombrovskisGeneral union budgetOffice of the central commission for foreign affairs
Open in App

Related Stories

InternationalJuly 2024 Marks Second-Hottest Month on Record Worldwide: EU Climate Agency Reports

NationalUnion Budget 2024: Nirmala Sitharaman's Saree Colors and Their Symbolic Meanings

InternationalPM Modi Congratulates Ursula von der Leyen on Re-Election as European Commission President

InternationalSchengen Visa Fees to Surge by 12% Worldwide Starting June 11

NationalEuropean Commission urges G20 countries to set ambitious climate targets for 2030

Politics Realted Stories

MumbaiAmeet Satam Appointed As Mumbai BJP President Ahead of BMC Polls

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray