Between 2017 and 2023, EU trade of electric and hybrid cars increased substantially. In 2023, almost 43% of the total number of cars imported into the EU were electric or hybrid, indicating a significant increase compared with the share observed in 2017, which was 8%. EU exports jumped from 2% of the total number of cars exported in 2017 to 26% […]
Enforcement of trade policy delivers prosperity and growth for EU companies
The value of EU trade covered by the vast network of 42 agreements with 74 partners in place in 2023 was more than €2.3 trillion, having risen by over 30% over the past five years, according to the Annual Report on the implementation and enforcement of EU trade policy published. EU exports to preferential trade partners are increasing more […]
European Union and Kenya sign major Economic Partnership Agreement
The EU and Kenya signed on last 18th December, an Economic Partnership Agreement (EPA) to boost bilateral trade in goods, increase investment flows, and contribute to sustainable economic growth. The EPA provides a platform to support job creation on both sides, along with targeted cooperation to enhance Kenya’s economic development. It is the most ambitious […]