Archive for the ‘European Union’ Category

China’s economy surpasses the European Union’s for the first time – TRT World

By 2030, China is forecast to become the world's largest economy, for now, it has just surpassed the EU.

In a milestone moment, the economy of China surpassed the whole of the European Union (EU), for the first time.

Figures released this week by the European Statistical Office (Eurostat) said that the gross domestic product (GDP) of the EU grew by 5.2 percent for 2021, following a record-breaking recession in 2020.

The EU wide GDP stood at just over $17 trillion, regaining its pre-Covid-19 size.

The GDP is a measure of the market value of all the final goods and services produced in a specific time period.

On the other hand, China's GDP for 2021 expanded by 8.1 percent, according to figures released last month by the county's National Bureau of Statistics. The full-year GDP resulted in China's economy increasing in value by $3 trillion from 2020 to 17.7 trillion in 2021, leaping ahead of the EU.

The world's second-largest economy benefited significantly during the Covid-19 crisis from its status as the world's factory. However, most of the economic gains for China were driven by strong industrial output and exports.

China, however, has largely followed a zero Covid-19 policy, which has meant that the country has often locked down entire cities in a bid to prevent the spread of the virus.

The result has been that while the country's manufacturing sector continues to power ahead, the growth in services, consumption and investment all failed to return to pre-pandemic levels owing to localised outbreaks around the country which prevented a return to normality.

China's GDP growth rate easily surpassed the government's target of above six percent growth, and the country is now expected to account for more than 18 percent of global GDP.

While the country has bounced back from the worst of the pandemic, analysts warn that the country is still reeling from a weak real estate sector that has seen companies go bust in the last year.

Similarly, the EU has yet to recover fully from the tight restrictions from the Omicron variant, which led to tighter restrictions across the economic bloc, resulting in lower consumer spending and supply chain bottlenecks, impacting manufacturing.

China's ability to overtake the bloc was also influenced in part by the withdrawal of the UK from the EU following Brexit. The UK's GDP of $2.7 trillion was the second largest in the bloc after Germany.

Beijing still has some way to go before it can become the largest economy on the planet.

In a report last month, the British consultancy the Centre for Economics and Business Research (CEBR) forecasted that China is expected to overtake the US as the world's largest economy by 2030.

In 2021 the US GDP stood at just under $23 trillion, a $2.10 trillion increase over the 2020 figures.

The CEBR report forecasted that the US economy will continue to grow without any of the necessary spurts in growth to maintain its lead. It also added that China's massive pool of engineers would be a significant driver of growth in contrast to the US, which cannot churn out the same level of highly skilled labour.

In recent years Chinese leaders have shifted their focus from achieving maximum levels of GDP growth to a stage of high-quality growth.

Chinese President Xi Jinping said at the 19th National Congress of the Communist Party of China in 2017 that the country's economy was transitioning from a phase of rapid growth.

This has meant that the country is now looking to invest and make higher end goods through innovation and technological self-sufficiency.

In a report on China's reforms towards higher-quality growth, the World Bank said that the country needs to rebalance "from external to domestic demand and from investment and industry-led growth to greater reliance on consumption and services."

The report added that the country will also need to transition from a high to a low-carbon economy. China is already a world leader in renewable energy production figures and is currently the world's largest wind and solar energy producer. It also has the largest electric vehicle market in the world.

Source: TRT World

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China's economy surpasses the European Union's for the first time - TRT World

European Commission – EUIPO Report Names Turkey as the Third Country of Provenance for Counterfeit Goods – Lexology

EU Enforcement of Intellectual Property Rights: Results at the EU Border and in the EU Internal Market 2020 (Report) is jointly prepared by the European Commission (EC) and European Intellectual Property Office (EUIPO). The Report is composed based on the data on the detentions at the EU border and within the internal market, reported by the customs authorities and the data on detentions within the internal market reported by the enforcement authorities. Turkey is ranked as the third provenance of country following China and Hong Kong for counterfeit goods in the Report.

The Report stated that the total number of counterfeit products detained at customs and in the EU market in 2020 is approximately 66 million which is worth EUR 2 billion. There is a reduction in the number of detained counterfeit goods by %13 in 2020 compared to the 76 million detained goods in 2019. The stagnation in trade during the first months of the year due to the COVID-19 pandemic and the difficulties experienced by the customs authorities in carrying out controls are shown as the cause of the decrease in the numbers.

In terms of the value of counterfeit goods, China is ranked as the number one provenance for counterfeit goods entering the European Union with a rate of 50%, similar to the previous years. Hong Kong is ranked second as the main source of counterfeit mobile phones and accessories, while Turkey, which is shown as the main source for counterfeit clothing and drugs, is ranked third.

According to the statistics, Turkey is the primary source of counterfeit drugs, clothing and accessories, secondary source of counterfeit perfumes and cosmetics, sneakers, bags, jewelry, accessories and textiles, and tertiary source of counterfeit food products, shoes, watches, vehicles, vehicle accessories and spare parts and labels.

Notable points in the Report are as follows:

The Report indicated that the arising need for certain types of products as a result of the current pandemic, disasters and emergencies due to global warming are seen as an opportunity by criminal organizations to advance their harmful illegal activities. The Report also underlined the importance of coordinated actions against crimes against intellectual property rights.

Please see this link for the full text of Report.

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European Commission - EUIPO Report Names Turkey as the Third Country of Provenance for Counterfeit Goods - Lexology

For Some of Ukraines Neighbors, Defend Europe Has Another Meaning – The New York Times

WARSAW As the United States ramped up warnings of a Russian attack, and as Western allies called for unity against aggression, the leaders of two NATO members bordering Ukraine headed for a gathering in Madrid over the weekend called Defend Europe.

But instead of tackling the Russian threat to Europes eastern frontier, the meeting attended by the prime ministers of Poland and Hungary, Mateusz Morawiecki and Viktor Orban, focused on what the populist leaders cite as their most pressing threats: immigration, demographic decline and the European Union.

Even as the two NATO members rely on the alliance for their security, the pressing in Madrid of issues that have long driven a wedge between them and the United States and the European Union highlighted the extent to which domestic political concerns remain at the forefront of their calculations.

The meeting, which brought together populist, and for the most part, Kremlin-friendly, standard-bearers from across Europe, also underlined just how much those politics have blurred what the United States views as a clear-cut case of bullying by Russia, a nuclear-armed autocracy, against Ukraine, a vibrant, albeit highly dysfunctional, democracy.

Mr. Orban, the Hungarian prime minister, travels to Moscow on Tuesday to meet President Vladimir V. Putin. Frances far-right presidential candidate Marine Le Pen, an outspoken fan of the Kremlin, was also at the two-day conclave, as was Austrias far-right Freedom Party, which has long called for an end to European sanctions imposed on Moscow over its 2014 annexation of Crimea and military incursions into eastern Ukraine.

A declaration issued after the Madrid gathering made no mention of Ukraine, though it did lament Russian aggressive actions on Europes eastern border. It instead stressed the need to form a united front in favor of family policies, Christianity and keeping out immigrants. The European Union, the statement said, had become detached from reality, leading to demographic suicide.

Poland is a country with a long and traumatic history of Russian aggression. That it would join a gathering focused on attacking the European Union at a time of crisis on its eastern border highlighted just how much the governing party sees Brussels as a threat.

Poland regularly denounces Moscow and supports the presence on its territory of around 4,500 American troops and a U.S.-run missile defense installation. But, incensed by E.U. criticism of its restrictions on judicial independence, L.G.B.T.Q. rights and other issues, the governing party has increasingly turned its fire on Brussels.

Polish foreign policy has been completely subjugated to domestic needs and is now all about stopping interference from the European Union, said Roman Kuzniar, a professor at Warsaw University who advised his countrys previous pro-European government.

While tiny Baltic States have sent arms to Ukraine and worked to forge a united front against Moscow, Poland, the regions biggest and most militarily powerful country, has been very passive and has had nothing serious to say, Professor Kuzniar added.

After weeks of dithering, Polish authorities said on Monday that they would offer defensive weapons to Ukraine. Prime Minister Morawiecki, who travels to Ukraines capital, Kyiv, on Tuesday, expressed his unwavering support for Ukraine against Russian neo-imperialism that he said threatened destabilization of the European bloc.

Jacek Bartosiak, the founder of Strategy and Future, a research group, defended the governments caution, saying that Poland has too much at stake in Ukraine to risk hasty gestures. Poland, he said, is the most important piece of the puzzle in the game being played around Ukraine.

The scrambling of foreign policy by domestic politics mirrors a similar phenomenon in the United States, where the Republican right has challenged the Biden administrations support for Ukraine and asked whether Russia might be a more worthy cause.

Few in Poland voice sympathy for Russia. But, there is also deep wariness about Ukraine, the western part of which belonged to Poland before World War II, particularly among nationalists who view as genocide the massacre of tens of thousands of Poles by Ukrainian nationalists during the conflict.

Anti-Ukrainian feeling is the ABC of Polish nationalism, said Marek Swierczynski, a security expert at Politika Insight, a research group in Warsaw. Everything in Poland these days has become so politicized, he added, noting that Law and Justice has been reluctant to embrace Ukraine too closely because part of their base may turn against them.

Hostility toward Russia generally cuts across political divisions but has been overshadowed by hostility toward Brussels, the ruling partys favorite bugbear.

Jarosaw Kaczyski, the head of Law and Justice and Polands de facto leader, fulminates regularly against the European bloc, claiming in December that it was becoming a German-led Fourth Reich, but has said nothing publicly about the Ukraine crisis.

Mr. Kaczynskis liberal critics note that his emphasis on defending traditional Christian values against what he views as decadent intrusions by the European Union is almost indistinguishable from the Kremlins own favorite propaganda trope.

But while standing on the Kremlins side in Europes culture wars, nationalist populists in Europe are bitterly divided over whether to reject or embrace Mr. Putin, a rift that has hobbled their efforts to make common cause. At the Madrid gathering, which followed a similar event in Warsaw in December, Mr. Morawiecki, the Polish prime minister, pushed hard to get a reference to Russian aggression included in the final statement. Ms. Le Pen objected and issued her own statement that made no mention of Russia.

George Simion, the leader of a right-wing Romanian political party, described the meeting as a disaster because of divisions over Russia, which he views as a threat blocking his own pet political cause, the union of Romania with neighboring Moldova, a territory seized by Moscow in 1940.

Polands high-level presence at such a gathering caused dismay among critics of Law and Justice, particularly the opposition leader Donald Tusk, a former Polish prime minister who emphasized outreach to Ukraine and close relations with the European Union.

Denouncing the Madrid meeting as anti-Ukrainian and pro-Putin, Mr. Tusk had urged the prime minister not to attend. Among the parties in attendance was a far-right Estonian outfit whose leader has campaigned for elections with the anti-immigrant slogan: If you are Black, go back!

Mr. Orban, the Hungarian prime minister, has a long record of cozying up to Moscow and quarreling with Kyiv, particularly over its policies toward ethnic Hungarians in Ukraine. Like Law and Justice in Poland, his Fidesz party has built its political brand around combat with the European Union, from which both countries have received billions of dollars in aid but which serves as an easy punching bag in domestic political battles.

Ominous warnings. Russia called the strike a destabilizing act that violated the cease-fire agreement, raising fears of a new intervention in Ukraine that could draw the United States and Europe into a new phase of the conflict.

The Kremlins position. President Vladimir V. Putin of Russia, who has increasingly portrayed NATOs eastward expansion as an existential threat to his country, said that Moscows military buildupwas a response to Ukraines deepening partnership with the alliance.

Facing a tough election in April, Mr. Orban has gone further than any other European national leader in reaching out to Moscow and demonizing the European bloc.

His opponents on Monday urged him to cancel his Tuesday visit to see Mr. Putin for talks on gas contracts and the expansion of a Russian nuclear power project in Hungary.

Peter Marki-Zay, the standard-bearer for an unusually united opposition camp in the April elections, said the Moscow trip meant that Hungary has betrayed its Western allies and betrayed the countrys thousand-year-old dream of Western integration.

Aside from the Baltic States, which have been steadfast in their support for Ukraine, Europes formerly Communist eastern fringe has sent mixed messages, pledging loyalty to NATO, which now includes most former members of the defunct Soviet-led Warsaw Pact, but at times voicing distrust of Ukraine.

In the most abrupt rupture with NATOs position of solidarity with Ukraine, President Zoran Milanovic of Croatia, which joined the alliance in 2009, last week said Ukraine should never be admitted to NATO, a view heartily shared by Moscow. In the event of a Russian attack on Ukraine, the president said, Croatia must get away from it like from a fire.

His comment, however, was driven less by the crisis over Ukraine than domestic political squabbles with Croatias prime minister, Andrej Plenkovic, who belongs to a rival political party and has voiced strong support for Ukraine. The prime minister this week issued a statement noting that Ukraine deserved support as one of the first countries to recognize Croatia as an independent country after it split from Yugoslavia during the Balkan wars of the early 1990s.

The history of past wars weighs heavily on governments across the region, where gratitude for past support jostles with bitter memories of betrayal, often by the same people.

In Poland, Poles massacred by Ukrainian nationalists during World War II compete with earlier memories of how soldiers from Ukraine helped Poland defeat invading Soviet troops in 1920 on the banks of the Vistula River near Warsaw.

Our history is very difficult, said Mr. Swierczynski, the Polish security expert.

Benjamin Novak contributed reporting from Budapest and Anatol Magdziarz from Warsaw.

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For Some of Ukraines Neighbors, Defend Europe Has Another Meaning - The New York Times

European Nations Still Not Buying Into a Coordinated Approach on Travel Rules – Skift

Two years in, the pandemic continues to show just how split most European Union member governments are on pandemic leadership. Destinations that persist with multiple entry rules will continue to negatively impact their tourism economies.

Lebawit Lily Girma

Perhaps no other region has demonstrated the chaos and resulting negative impact on the travel industry as a result of a non-uniform approach to entry rules than the European Union. But there was hope for the end of the fragmented EU approach by early 2022.

The European Council adopted a recommendation, effective February 1, that members should lift all entry restrictions for intra-EU movement, and base the rules on an individuals health status vaccinated, recovered, or neitherrather than the travelers country of origin.

This would mean members agreed in principle to take a more coordinated approach to travel within the EU for starters as of Tuesday, and that governments would lean towards using the EU Digital Covid Certificate as sufficient for entry, with a validity period of nine months starting on February 1.

But a close examination of the Re-Open EU platform on Tuesday reveals different additional restrictions remain for regional movement, including pre-departure testing requirements. Its a reminder that the European Councils recommendation is just that a recommendation and not a legally binding instrument. Whats more, restrictions on international travelers who are heading to an EU destination remain more split than ever.

As of Tuesday, just five European Union countries have expressly eased entry for all global travelers and cite the European Councils recommendation Denmark, Spain, Switzerland, Liechtenstein, and Latvia. Yet an astounding 26 are holding on to country or region-based approaches, with varying vaccine recognition lists to boot, and/or pre-entry tests for either regional or global movement into their borders.

Now is the time for European Governments to open borders and remove travel restrictions, Julia Simpson, president and CEO of the World Travel & Tourism Council, told Skift, adding that booking data shows Europeans are positive about traveling again, with Easter bookings up by more than 250%, while summer bookings are currently 80 percent above 2021 levels.

With European Union destinations continuing to fail to fully align with the European Councils recommendations and continuing to treat European travelers differently from all other travelers, its clear that Europes tourism industry will continue to face an ongoing dilemma in the recovery of the international market in particular, ahead of the spring and summer season demand.

Those few destinations that have stepped away from testing and quarantine requirements for entry, particularly Spain and non-EU countries such as the UK, are likely to benefit as a result. Spain recently projected reaching 88 percent of 2019 levels this year. Destinations such as the Dominican Republic, which never implemented pre-testing rules, also reported record levels of visitation as a result of high levels of in-country vaccination rates alongside relaxed entry protocols.

Tourism leaders have continued to press governments to enter a new phase of living with Covid, and to embrace the European Commissions health-based entry determination for the vaccinated and unvaccinated. Those pleas are now further bolstered by a new report from Edge Health for the International Airport Transport Association (IATA), showing the inefficacy of pre-entry testing, released on Tuesday.

In Finland and Italy, for instance, Omicron-related entry requirements imposed six to eight weeks after the variant was in existence were ineffective in controlling its spread. Even if the testing requirements had been introduced on the first day of South Africa reporting the variant to the WHO, that wouldnt have halted its rapid spread, the report adds.

Keeping testing in place for vaccinated passengers therefore seems completely ineffective from the health point of view, but damages passenger confidence and national economies, said Conrad Clifford, IATA Deputy Director General in a release.

The report also comes on the heels of the United Nations World Health Organization and its World Tourism Organizations pleas to remove blanket restrictions and vaccine-only options, which continue to harm economic recovery, and the restart of the tourism industry.

For many months, we have been calling on governments to shift their risk assessment from entire countries to that of the individual traveller.Fully vaccinated travellers should be able to travel freely, said WTTCs Simpson.

But if European destinations differing travel rules are anything to go by, its another year of fragmented recovery and entry rules ahead, vaccinated or not.

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European Nations Still Not Buying Into a Coordinated Approach on Travel Rules - Skift

Thorn Engages with European Commission to Develop Solutions to Stop the Spread of Child Sexual Abuse Material – PRNewswire

LOS ANGELES, Feb. 2, 2022 /PRNewswire/ --Julie Cordua, CEO of Thorn, met with European Commissioner for Home Affairs Ylva Johansson last week amidst the Commissioner's meetings with Silicon Valley tech leaders to discuss proposed EU legislation that would require platforms to do more to prevent child sexual abuse online.

Child sexual abuse material (CSAM) is a global, pervasive problem on the internet, and the European Union is poised to take groundbreaking regulatory action to tackle the urgent issue. Recent research from WeProtect shows that 54% of children across the world have experienced at least one harmful sexual encounter online. Additionally, the National Center for Missing and Exploited Children (NCMEC) revealed that they had surpassed 100 million received reports of child sexual exploitationalmost all relating to images and videos circulating online of children being sexually abused, with nearly 80% of those files depicting children under the age of 12, according to the Canadian Centre for Child Protection.

Thorn's mission is to eliminate child sexual abuse from the internet, and the nonprofit has developed tools that help tech companies combat the issue by identifying and removing CSAM from their platforms.

"I am thankful for the great work that Commissioner Johansson and her team are putting into this legislation. The EU is leading the fight against child sexual abuse online and could set standards that will improve the safety of children across the world. We at Thorn applaud the attention they're giving to this serious and urgent issue and look forward to providing our expertise wherever it is needed," said Julie Cordua, CEO of Thorn.

In their meeting, Cordua laid out Thorn's perspective on how lawmakers in the EU can help us to defend children across the world:

"Currently, global systems aren't doing enough to defend children from sexual abuse online. The EU has the power to set new standards for the safety of children, providing a clear legal framework for tech companies that encourages collaboration and innovative solutions. The European Commission could set a global example that will move us closer to universal adoption of the proactive detection, reporting, and removal of CSAM," continued Cordua. "We need the EU's leadership to make a long-term commitment, backed with thoughtful legislation, to building a safer internetone where every child can simply be a kid."

About Thorn: Thorn is a nonprofit founded in 2012 to build technology to defend children from sexual abuse to eliminate child sex abuse material from the internet. Thorn creates products that identify child victims faster, provides services for the tech industry to play a proactive role in removing abuse content from their platforms, and works directly with youth and communities to build resilient kids. Learn more about Thorn's mission to build technology to defend children from sexual abuse at Thorn.org.

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Thorn Engages with European Commission to Develop Solutions to Stop the Spread of Child Sexual Abuse Material - PRNewswire