Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Brussels, January 27 (Xinhua) — The European Parliament has postponed until next week a decision on whether to resume ratification of the EU-U.S. trade agreement, following the suspension of the approval process last week in protest against U.S. President Donald Trump's push to acquire Greenland and his tariff threats against European allies. Bernd Lange, Chairman of the European Parliament's International Trade Committee, announced this on Monday.
B. Lange confirmed on social media that no decision was made on Monday to resume the regular legislative process between the EU and the US. The parliamentary negotiating group will meet on February 4 to review the situation.
On January 21, the European Parliament decided to postpone ratification of the trade agreement between the European Union and the United States in light of US threats to impose tariffs related to Greenland.
Tensions eased when Washington announced it had reached a “framework agreement” on issues related to Greenland and suspended the introduction of tariffs that D. Trump had threatened against eight European countries.
Under the EU-US trade agreement reached last July, the EU will eliminate tariffs on all US industrial products and impose tariff quotas on a wide range of US agricultural products entering the EU market. In exchange, Washington will impose a base tariff rate of 15% on most EU goods exported to the United States.
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