This has been a rare weekend without the announcement of a shock-and-way-donald Trump News on business, these days the main fare of the administration is an endless stream of wrong predictions that are going to be in any minute to deal with “mutual tariff”. So let’s talk about something else. Today’s newspaper is on a subject that has been going on for some time, if this is the correct metaphor – the European Union (“rational”, if you want) with its various wheezing to implement more environmental and human rights standards on imports. Chartered Waters, Where we look at the figures behind the world trade, global oil prices are on.

Business takes on a light shade of green

European Union loves, I mean LoveThe idea that business is not only about mercantile benefits, but also about the export of European values. In the last decade, the pressure of campaigners is sometimes affected by coward protectionism, has given European importers and therefore a group of foreign exporters responsibilities, making a grabbing bag full of exciting new brief names.

The main among them is CBAM, carbon boundary adjustment mechanisms reduce the production of the European Union to prevent emissions and import imports; EUDR, deforestation regulation that prohibits the sale of products including palm oil, coffee and beef, has been raised on the recently cleaned land; And CSDDD, hard work instructions due to corporate stability, which keep companies with companies responsible for environment and labor in their global supply chains.

Whatever intentions are made, they have made a lot of lots Bureaucratic And AngerEspecially between lower and medium-oriented countries, which say that they are basically neo-sympathetic in a progressive cover. In order to certify an Indonesian smolleder oil palm producer, many million of which are, it may be that an inspector equipped with geolocation data will have to be converted into each farm. (At the behest of European countries, who flatten their own forests centuries ago.)

Recently there has been a one Reconsideration Thanks to the clear delicate of global trade, Punishment tariff threatens From Trump, who Such standards are related Conservationism, and a common feedback against Environmental rulesEuropean Union decided to delay EUDR’s introduction for one year in April last year, and in April New guidance issued Which will be quite simple (something will be weak) regulation.

Recently French President Emmanuel Macron joined the army with Germany Debate for scraping Sustainable hard work, which is likely to end at least with it WaterfallGiven that France was One of the main ancestorsThis is quite the opposite.

Practicality but not partnership

So the European Union has heard the concerns of developing countries and a new era of mutual trade and prosperity can begin, right? Ish, not but not. Advocating from European trade associations was definitely more impressive in delay and watering UUDR than protests from emerging markets (EMs).

And, seriously, as Jodi Keen from ODI Global Think-Tank recently said Letter to ftThere are very few signs that the European Union has developed a connectivity policy for trade and development, especially given the loss on climate change development.

If you are in the right place, the view of some developing countries does not seem to be very bad at present. I recently spoke to Odrak Rwabwogo, Economic Advisor to Uganda President Yovery Museveni. Uganda has long exported disappointed coffee beans to the European Union and has struggled to move the price chain, they say, because large international coffee-roasted companies are reluctant to install there.

The EUDR also pose a threat to Uganda’s current exports, but it seems that the deadline has decreased with pushing and reducing compliance standards. “There is not much noise from the European Union and we hope it will end well,” Rwabwogo told me. “We do not listen to the demands for workshops and ultimeta on deadline, which we were suffering about six, seven months ago. Out of two million houses that grow coffee, now we have about 970,000 which are about 970,000 which we have about 970,000. [EUDR] Loyal. ,

Rwabwogo also says That other killed Coffee-producing country. Although large coffee processors are still not production for Uganda, the country has attracted some small people. It also has diversity in other products, such as Avocados for the European market, with the help of development aid from the UK, traditionally a major aid donor. Exports have been promoted Direct flights to londonWhich started again last month in a decade.

However, there are large butt and missed opportunities. Compliance with EUDR does not mean that the European Union is helping Uganda to create a price chain. “Discussion is on traceability,” Rwabwogo says. “This is very, very extracting. If the European Union said it will leave 50 percent of the price chain in our country, we will not need to order anything like UUDR because it will be in our enlightened interest.”

Rwabwogo says there are no signs of help in drying yet. But the UK has already saved its Foreign Development Assistance (ODA) budget from 0.3 percent of the gross national income of 0.5 percent, within which it dishonestly counts the cost of those seeking asylum as aid in Britain. The European Union has really, in fact, has redirected assistance from the support of development in sub-city African countries. Imprisonment System for migrants in Libya and Tunisia.

European politicians still talk about partnership with developing countries in Africa, but it usually does not mean much. The EUDR is easily welcome to low and medium-or-I countries, but does not form an enlightened use of business to remove a barrier to EM exports in Europe and then support development.

Chartered water

Global oil prices estimated that Israel attacked Iran. But it is worth noting that, unlike the previous episode of the War in the Middle East, Fracting has made the US a pure exporter of oil and gas, consequently changed its direct encouragement to join the region.

Trade relations

• Roots Reports It will follow China in restricting the export of rare-earth minerals.

• Those fake “mutual tariffs” and so -called negotiations? Nobody knows anything about what Trump will do, but Sam Love has set a better record of estimating in his first Nation Newsletter, and Here is his condition,

• FT’s undeclared newspaper Check Trump’s tariff is still a surprising lack of inflation.

• A Bloomberg Story tells This week, G7 will also avoid trying to issue a community at the summit of leaders of rich nations, if it only causes a line.

• Experienced Bazar Guru Mohammad L-Aryan Notes in feet It is that the oil shock comes at a bad time for the global economy and will build stagflation forces, and FT’s lex column agree,

• It is not about all globalization hydrocarbons and shipping containers, this is one Beautiful piece How the Turkish barbers (sometimes “Turkish” barbers) formed an international brand, especially in relation to the UK.

Trade secrets are edited by Harvey Nripia