Despite public opinion and EU policies promoting forest management for multiple ecosystem services, income from sources other than timber production remains limited. This imbalance could persist without specific interventions. Forests provide a variety of ecosystem services, generally divided into three categories: Provisioning: providing natural resources such as wood (e.g. for timber or fuel), food (e.g. […]
EU and India conclude landmark Free Trade Agreement
The EU and India concluded negotiations for a historic, ambitious and commercially significant free trade agreement (FTA), the largest such deal ever concluded by either side. It will strengthen economic and political ties between the world’s second and fourth largest economies, at a time of rising geopolitical tensions and global economic challenges, highlighting their joint commitment […]
EU-Chile Interim Trade Agreement enters into force
The EU-Chile Interim Trade Agreement (ITA) has entered into force, following the completion of Chile’s ratification process. The ITA, which was signed in December 2023, is of key geopolitical importance. It will boost the competitiveness of businesses on both sides, while providing a shared platform for the development of our net-zero economies. This work will be further underpinned by ongoing […]
Belarus: EU imposes new sanctions
The Council adopted restrictive measures targeting the Belarusian economy, in view of the regime’s involvement in Russia’s illegal, unprovoked and unjustified war of aggression against Ukraine. These comprehensive measures aim at mirroring several of the restrictive measures already in place against Russia, and thereby address the issue of circumvention stemming from the high degree of […]