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Image header Agence Europe
Europe Daily Bulletin No. 13501
Contents Publication in full By article 23 / 32
EXTERNAL ACTION / Trade

WTO forecasts merchandise trade growth of 2.7% for 2024

On Thursday 10 October, the World Trade Organization (WTO) published its latest forecasts for merchandise trade in 2024 and 2025. It forecasts an increase in the volume of merchandise trade of 2.7% for 2024, which is slightly higher than the previous estimate of 2.6% (see EUROPE B13388A36).

Forecasts for 2025, meanwhile, have been revised downwards, to 3% growth instead of the 3.3% initially forecast.

On Thursday October 10, the WTO’s chief economist, Ralph Ossa, explained that the...

Contents

SECTORAL POLICIES
MIGRATION/HOME AFFAIRS: many EU countries want to tighten up Returns Directive and discuss feasibility of dedicated ‘return hubs’ in third countries
HOME AFFAIRS: at Schengen, German government justifies its new internal border control measures to its neighbours
HOME AFFAIRS: EU’s ‘Entry/Exit’ System, European Commission to consider gradual implementation to address concerns of several countries
TRANSPORT: passenger rights, five Member States do not support idea of establishing multimodal platform managers
CLIMATE: Pre-COP29 opens in Baku to “pave the way for ambitious results” on climate finance
CLIMATE: CAN Europe network of NGOs denounces EU’s strategy on climate financing and calls for clearer commitments before COP29
FISHERIES: EU Council confirms 54% cut in anchovy quotas in Iberian waters
ENERGY: EU should double rate of growth in renewable capacity between 2024 and 2030
EUROPEAN PARLIAMENT PLENARY
HEALTH: a majority of MEPs call for an urgent review of regulations on medical devices
HEALTH: European Parliament calls for ambitious action to improve mental health in EU
FUNDAMENTAL RIGHTS: MEPs call for urgent measures to tackle rising religious discrimination
CHINA: Parliament calls for release of Uyghurs detained in China, including Ilham Tohti and Gulshan Abbas
IRAQ: European Parliament calls on Iraqi Parliament to reject amendments to law undermining women’s rights
TURKEY: European Parliament deplores journalist Bülent Mumay’s prison sentence
INSTITUTIONAL
BUDGET: Court of Auditors deplores increase in estimated level of error in spending from EU budget
EUROPEAN PARLIAMENT: hearing of European Commissioners-designate, European Parliament decides on running order wanted by right and far right
EXTERNAL ACTION
MOLDOVA: European Commission announces a €1.8 billion Growth Plan
WESTERN BALKANS: European Parliament expects future Commissioner Marta Kos to take concrete measures to ensure enlargement goes smoothly
ASEAN: Charles Michel supports potential “region-to-region” free trade agreement with countries of South-East Asia
DEVELOPMENT: MEPs will question Commissioner-designate Jozef Síkela on sustainable development, partnerships, and Global Gateway
ACP : ‘Team Europe’ announces investment of €74 million in African, Caribbean and Pacific countries
TRADE: MEPs want to know how Maroš Šefčovič will strengthen role of EU trade policy
TRADE: WTO forecasts merchandise trade growth of 2.7% for 2024
ECONOMY - FINANCE - BUSINESS
TAXATION: Herbert Dorfmann endorses EU Council position on new rules for withholding tax procedures
ECONOMY: Member States catching up in implementing post-Covid-19 recovery plans, says European Commission
ECONOMY: Greece and Poland submit 4-year multiannual budget programme
FINANCE: European Commission launches consultation on European securitisation framework
EDUCATION - YOUTH - CULTURE - SPORT
YOUTH: European Commission celebrates cooperation with young leaders in face of ecological and digital transitions as part of Global Gateway
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: 2024 report on application of Charter examines role of funding initiatives to strengthen EU values
NEWS BRIEFS
COURT OF JUSTICE: setting up of new preliminary ruling chamber within General Court of EU
DIGITAL: EU Council adopts agreement on cyber resilience
TRANSPORT: road accidents caused 20,400 fatalities in EU in 2023