City
Epaper

New EU trade deals to include sanctions: Dombrovskis

By IANS | Published: June 23, 2022 3:51 AM

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

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

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

PoliticsTurkey to expediate talks with EU on customs, visas: Erdogan

PoliticsEuropean Parliament pass law to restore degraded natural ecosystems

PoliticsNew Zealand signs FTA with EU

Politics Realted Stories

NationalArvind Kejriwal To Surrender on June 2: BJP Leader Vijay Goel Brings Ambulance for Delhi CM (Watch Video)

PoliticsManmohan Singh Accuses PM Modi of Diminishing the Prestige of the PM's Office: 'No Prime Minister Has Used Such Hateful Language

PoliticsChirag Paswan Criticizes Rahul Gandhi's Promise to Scrap Agniveer Scheme: 'Those Who Care About Mutton Parties Will Not Understand'

PoliticsLok Sabha Election 2024: Prime Minister Modi Urges First-Time Voters in Varanasi to Exercise Their Democratic Right

NationalOdisha CM Naveen Patnaik Responds to PM Modi's Call for Health Probe, Says 'He Should Have Called Me' (Watch Video)