Enter multiple symbols separated by commas

EU to Investigate Trade Barriers - Report

The EU Commission plans to send specialist teams to countries outside the European Union to investigate obstacles to trade and competition, Financial Times Deutschland reported, citing a draft of a strategy paper it obtained.

The move indicates a shift in EU policy to fighting individual trade barriers as opposed to advocating lower tariffs within the World Trade Organization, the newspaper said.

The teams will include Commission officials, experts from EU nations and industry representatives, the newspaper said, citing the document, which is to be presented by EU trade commissioner Peter Mandelson today.

The project aims to bring to attention unreasonable customs procedures, tariffs and tax systems, technical standards, hygiene and health regulations, copyright infringements and obstacles to investment in countries such as China, India or Russia, FT Deutschland said.

Contact U.S. News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video