Phil Hogan had promised the Twenty-Seven at the Council of Trade Ministers on Thursday 16 April (see EUROPE B12468A15): on the 17 April, his services published a first analysis of the impact of the COVID-19 pandemic on world and European trade, according to which the manufacturing sectors will suffer most from the crisis.
In 2020, the measures adopted to contain the expansion of the COVID-19 virus and the resulting economic contraction are expected to result in a 9.2% drop in exports of...