Partners in profit: EU seeks to forge strong ties with Asia at summit

Article Abstract:

Asian and European leaders will discuss trade, security, social issues, and more on Mar 1-2, 1996, in Bangkok at the first Asia-Europe Meeting. European Union officials plan to focus on trade and investments, in part because they hope Asia's vibrant economies can help revive their moribund European counterparts. Summit organizers also expect a common position to result in preparation for the World Trade Organization's first ministerial meeting in Dec 1996. Asia now accounts for 23.2% of the EU's total trade, compared to the US's 17.4% share.

Conferences, meetings and seminars, International economic relations

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Just like the original: EU imposes penalties on Japanese photocopiers

Article Abstract:

The European Union's foreign ministers voted on Oct 2, 1995 to extend until 1997 a 20% anti-dumping fine on Japanese photocopiers, and to apply it to copiers printing over 75 pages per minute. The original penalty began in 1987 and expired in 1992, but persisted while debate over renewal continued. Germany, the Nordic states, and Britain opposed the fine, saying local brands can now compete and that the fine hurt consumers. Japan exported 300,000 copiers to Europe in 1994, and made 600,000 there; local producers sold only 200,000.

Photographic equipment and supplies, Photocopy Equipment, Photographic and Photocopying Equipment Manufacturing, Europe, Japanese foreign relations, Photocopiers, Copying machines, Tariffs

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Textile tussle

Article Abstract:

Asian textile traders are concerned that the European Union (EU) does not appear committed to removing quotas on textile imports. The EU argues that many East Asian countries have high tariffs which should first be lowered if the EU is to act. Asian exporters face anti-dumping duties and markets can be lost while allegations of dumping are investigated. Meanwhile East Europe, Turkey and North Africa appear to be treated more favorably by the EU.

TEXTILE MILL PRODUCTS, Textile Mills, International trade, East Asia, Textile industry

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