In this week’s news, the EU has accused a number of its strategic economic partners of maintaining a variety of barriers that significantly hinder international trade and the investment opportunities of EU companies.
According to the fifth edition of the EU’s Trade and Investment Barriers Report, Argentina, Brazil, China, India, Japan, Russia, and the United States are all responsible for concrete obstacles to trade.
Barriers identified in the report include requirements to use locally-produced goods, or to be based in a country as a condition to obtain certain advantages.
Source: Julie Weller, Development Editor, wolterskluwer
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