Berlin | Reuters — Germany’s federal and state governments will in future decide together whether to ban the cultivation of crops with genetically modified organisms (GMOs) that are allowed in the European Union, a draft law showed, ending a long dispute. An EU law in March 2015 cleared the way for the approval of new […] Read more

German federal, state governments to decide jointly on GM crops

EU’s Juncker seeks to win over Austria on CETA
Strasbourg | Reuters –– European Commission President Jean-Claude Juncker expressed optimism on Wednesday that EU governments would agree a contentious free trade deal this month ahead of a meeting with a skeptical Austrian chancellor. Juncker said the EU needed to ensure that a deal agreed with Canada two years ago entered into force in a […] Read more

Austria’s chancellor sees CETA on right track
Vienna | Reuters –– Austria’s government on Monday seemed to have found common ground on a free trade agreement between the European Union and Canada with Chancellor Christian Kern, who has criticized the pact in the past, saying negotiations were on the right track. Social Democrat Kern’s opposition to the Comprehensive Economic and Trade Agreement […] Read more

Austrian government split on opposition to CETA
Vienna | Reuters –– Austrian Chancellor Christian Kern’s opposition to a free trade agreement between the European Union and Canada was countered by fervent praise for the deal from his deputy at a special parliamentary session on the issue on Wednesday. The Comprehensive Economic and Trade Agreement (CETA) with Canada, negotiations for which have finished, […] Read more

Bayer clinches Monsanto with raised US$66 billion bid
New York/Frankfurt | Reuters — German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of US$66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up from Bayer’s previous offer of […] Read more

Canada working toward EU trade agreement in October
Toronto | Reuters –– Canada is working toward signing a new trade agreement with the European Union in October, federal Trade Minister Chrystia Freeland said Monday. “We’re working hard for it to be the year when CETA, the Canada-EU trade agreement, is signed. We’re working towards signing in October and ratification early next year,” she […] Read more

Austria drops talk of ‘conflict’ over EU-Canada trade deal
Vienna | Reuters — Austria toned down its opposition to a free trade deal between the European Union and Canada on Friday, two days after social democrat Chancellor Christian Kern had vowed to start a “conflict” over the agreement. While the so-called CETA accord is all but sealed, the Austrian leader’s opposition reflects concerns widely […] Read more

Austria expects ‘conflict’ on Canada trade deal
Vienna | Reuters — Austria is ready to confront other European Union members states over its opposition to a free trade deal with Canada, Chancellor Christian Kern said, because it sees it containing many of the same problems as one being negotiated with the U.S. Austria opposes a proposed free trade deal with the United […] Read more

Chile plans to send TPP deal to Congress this year
Santiago | Reuters — The Chilean government is expecting to send the Pacific trade deal known as the Trans-Pacific Partnership (TPP) to its Congress for approval by the end of 2016, President Michelle Bachelet said Thursday. The 12-nation TPP aims to liberalize commerce in 40 per cent of the world’s economy, but its future is […] Read more

Pettigrew tapped to help push through EU trade deal
Ottawa | Reuters — Canada has named a former politician with experience in trade and foreign affairs as the government’s new envoy to help complete its long-negotiated free trade agreement with the European Union, a spokeswoman said Wednesday. Pierre Pettigrew, who served as both minister of foreign affairs and minister for international trade under previous […] Read more