EU | Hong Kong Means Business

European Parliament Votes Overwhelmingly to Ratify EU-UK Trade and Cooperation Agreement

29 April 2021

Hong Kong traders will be pleased to know that on 27 April 2021, the European Parliament voted to ratify the post-Brexit EU-UK trade deal - a key move to ensure that tariff- and quota-free trade continues. More

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Business Survey Shows Trade of Small British Businesses Worst Hit Following Brexit

13 April 2021

The Federation of Small Businesses (“FSB”) has published a press release revealing the results of a survey conducted between 1 and 15 March 2021 of approximately 1,483 British businesses. Among these, 207 were importers and/or exporters, in the current international trade environment. More

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Market Access Offers of EU-China Comprehensive Agreement on Investment Published

23 March 2021

The European Commission has published the schedules of commitments agreed under the European Union and mainland China Comprehensive Agreement on Investment (“CAI”). The CAI was concluded on 30 December 2020 with the aim of providing investors on both sides with predictable, long-term access to the EU and Chinese markets, and to protect investors and their investments. More

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Reduced Controls for EU Goods Entering the UK to Continue Until 2022

16 March 2021

On 11 March 2021, the UK Government announced that it would delay, for a second time, the imposition of certain customs checks for goods entering the UK from the EU. The Government announced a new timetable for introducing import border control processes, with a view to enabling UK businesses to focus on their recovery from the Covid-19 pandemic. More

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China-EU Agreement on Geographical Indications Enters into Force

16 March 2021

The China-EU Agreement on Co-operation on and Protection of Geographical Indications entered into force on 1 March. More

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European Parliament Calls for Human Rights Sanctions Against Individuals; Some Trade Operations Could Be Impacted

28 January 2021

On 21 January 2021, the European Parliament approved one resolution urging the Council of the EU to introduce sanctions against Russian individuals and a second resolution urging the Council of the EU to consider imposing sanctions against individuals in Hong Kong under the EU Global Human Rights Sanctions Regime (EUGHRSR). More

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The UK’s Post-Brexit E-Commerce Market: A Checklist

20 January 2021

The landmark post-Brexit Trade and Co-operation Agreement reached between the European Union and the UK on the eve of the transition period deadline has not only ushered in a new era for the EU-UK relationship, but new prospects for traders, particularly those who are used to selling to Europe via the UK online. The checklist below serves as a handy note for Hong Kong exporters looking to make the necessary preparations for the new trade reality. More

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For EU Exports to the UK, Transitory Period Installed Regarding the Supplier’s Declarations

19 January 2021

Commission Regulation (EU) 2020/2254 has been published in the EU Official Journal, allowing EU exporters to the UK to make out statements on origin on the basis of a supplier’s declarations to be provided by the supplier at a subsequent date. More

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EU and Mainland China Reach in Principle a Comprehensive Agreement on Investment

04 January 2021

On 30 December 2020, the European Union and mainland China concluded negotiations “in principle” on the much-sought after and highly anticipated Comprehensive Agreement on Investment (“CAI”). While the text of the CAI has not yet been made public, the EU has stated that the aim is to provide investors on both sides with predictable, long-term access to the EU and Chinese markets and to protect investors and their investments. More

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China, EU Complete Investment Agreement Talks

04 January 2021

China and the EU announced the completion of negotiations on an investment agreement on 30 December. The China-EU investment agreement covers four aspects: market access commitment, fair competition rules, sustainable development and dispute settlement. More

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