Sweden has together with France and Germany launched a new initiative on EU level to shape a better future for EU citizens. 

On 11 July, the Swedish EU and Trade Minister Ann Linde met France and Germany EU ministers in Berlin to jointly raise the level of ambition of the EU’s work on job creation and to switch it up so important climate work world is committed after Paris. Together, they jointly sign a declaration that indicate a higher level of ambition and the strengthening of cooperation in some specific questions.

Isabella Lövin, Swedish Vice Prime Minister, Minister for Climate and international development cooperation.

“The world is facing great challenges, where cooperation and solidarity is crucial to our mutual success. Climate change, refugee crisis and unemployment are just some of the challenges that must be addressed together, across national borders. The European Union has been formed for a more peaceful and stronger Europe and has its most important tasks ahead of them”, says Isabella Lövin, Swedish Minister for Climate and international development cooperation.

“Brexit does not mean that European cooperation pause – on the contrary, need the political commitment to a united, democratic and transparent Europe strengthened. Sweden also need to find new partners as we, in the UK, loses a key partner in EU cooperation”, says Ann Linde, Swedish Minister for EU and Trade.

Ann Linde , Swedish EU and Trade Minister 

Monday’s meeting is about creating new jobs, switch to a fossil-free Europe and integrate millions of new people in our communities. It is also about standing up for the values ​​that characterized the postwar European cooperation, such as equality, openness and diversity, at a time when these values ​​are being challenged from many sides. It is more important than ever that European politicians to act responsibly and work for a Europe that can handle future challenges rather than as increased fragmentation.
Sweden as a country does and should as a role model in this field play a key role in the EU. We already have more influence than many other member countries of equivalent size. We will actively work for the EU to become better at solving the issues that people expect – to deliver to people’s lives. It is particularly important that the EU focuses on the trade creating conditions for more jobs with fair terms and is able to make a reality of the goals agreed at the climate summit in Paris. If the EU succeeds with this, people will notice results in their everyday life and then also the legitimacy of the EU to increase.

The European Commission launched a new public-private partnership on cybersecurity that is expected to trigger €1.8 billion of investment by 2020. The EU cybersecurity investment will be €450 million. This is part of a series of new initiatives to better equip Europe against cyber-attacks and to strengthen the competitiveness of its cybersecurity sector.

British and American institutions once again dominate the list of the world’s most prestigious universities, according to this release from Times Higher Education. The ranking is based on results from an invitation-only opinion survey of 10,000 top scholars around theworld.

The United States wins eight spots in the top 10, with the United Kingdom taking the remaining two. The list shows that Harvard has maintained its position at number one, while MIT and Stanford have jumped ahead of the Universities of Cambridge and Oxford since last year’s ranking. The rest of the top 10 remains largely unchanged.The UK is home to seven out of 10 of the best universities in Europe.

Scandinavian countries also perform well, especially relative to their population size. Sweden’s Karolinska Institute features in the top 10, while there are 11 Swedish institutions in the top 200. Finland has six universities in the rankings.

Five years ago today, the Free Trade Agreement (FTA) between the European Union and South Korea was put into place, helping to turn a trade deficit into a trade surplus.

EU exports to South Korea have increased by 55% since the trade deal between the two partners entered into force in 2011, and European companies have saved €2.8 billion in scrapped or discounted customs duties. Bilateral trade in goods between the EU and South Korea has been growing constantly since 2011, and reached a record level of over €90 billion in 2015.These are some of the findings of a detailed European Commission report released today to mark the five-year anniversary of the trade deal with South Korea, demonstrating a significant boost in trade thanks to the agreement

In a comment, EU Commissioner for Trade Cecilia Malmström said: “The numbers speak for themselves. The evidence of our agreement with Korea should help convince the unconvinced that Europe benefits greatly from more free trade. When our companies can export more easily, or when money saved from scrapped customs duties can be reinvested in company development, it spurs European growth. It safeguards and creates jobs. This anniversary gives us many reasons to roll up our sleeves and conclude all other pending EU trade deals that are on the table”. 
South Korea is now one of the EU’s top ten export markets. In addition to more traditional exports of machinery, transport equipment, and chemical products, the agreement has opened new export opportunities for many small European businesses in such diverse sectors as food and drink, pottery, packaging, sports equipment and book binding technology (for concrete examples, see our Exporters’ stories). The previous EU trade deficit with South Korea has been turned into a trade surplus.

Exports of EU products that previously faced particularly high duty rates – such as certain agricultural products – now benefit from discounted tariffs, and their exports have increased by over 70%. Other sectors experienced an even more significant improvement. For instance, the EU’s car sales in South Korea tripled over the five-year period. In addition, EU companies managed to add 11% to the value of services provided in South Korea and expand bilateral investments by 35%.

Worries expressed by European stakeholders ahead of the FTA’s approval have thus not materialised. Nonetheless, the European Commission continues to monitor the situation as regards potentially sensitive sectors (such as textiles, cars and electronic products) and – together with civil society – keeps a close eye on the impact of trade on sustainable development. In this context, the EU and Korea also cooperate on environmental issues and labour rights.

The agreement also allows EU authorities to continue improving trading conditions for European companies by raising potential problems in several implementing committees created under the FTA. The Commission has agreed with South Korea to explore possible amendments to the existing deal to make it correspond even better to expectations of stakeholders on both sides, for example to enable European companies to export through their logistical hubs in Asia and at the same time benefit from the FTA.

Sweden has the best reputation in the world. Accoridng to the world’s largest survey on countries’ reputation.

In Reputation Institute’s annual survey of countries’ international reputation, the global reputation index,  Sweden claims first place. This means that Sweden is climbing from the third place in the past two years, surpassing last year’s winner of Canada. Our neighboring countries Norway, Finland and Denmark, are on the 4th, 5th and 6th place.

The countries with the best reputation in the world:


2. Canada


4. Australia

5. Norway

6. Finland

7. New Zealand

8. Denmark

9. Ireland

10. The Netherlands

Source: Reputation Institute

The World Economic Forum (WEF) has published an article about International Monetary Funds (IMF) predictions on increase of world trade and its positive impact for growth of our societies.

There is wide consensus that liberalization of trade and FDI can lead to improved resource allocation across firms and sectors, boosting productivity and output. 

We have for long known that trade barriers are damaging for finacial growth. So trade facilitation is necessary for development.

If you want to read the article, click here: How IMF thinks trafe can boost growth