Women in business: beyond policy to progress

On 6 March 2018, the Court of Justice of the European Union (CJEU) ruled that the arbitration clause contained in the Agreement on the Promotion and Reciprocal Protection of Investments concluded between the Czech and Slovak Federative Republic and the Kingdom of the Netherlands is incompatible with European Union law, i.e. that the arbitration clause is inapplicable.

One hundred years after the founding of the Czech state, its economic and geopolitical situation has never been as successful or certain as it is today. We all should be concerned about the global threat to democracy, and each of us need to remember that voting is our right, but participating in the political life of the country our responsibility. AmCham will continue to pursue its economic agenda in ways that support democratic consensus, and plans to focus again on procurement as way to improve economic competitiveness and strengthening public trust.

An article of E15 published on March 12 on steel and aluminum tarrifs (in Czech language).

Last Thursday, the Trump administration announced its plan to place tariffs on steel and aluminum imports. The tariffs are intended to raise the production in US steel and aluminum plants to 80%, which is considered the minimum output necessary for survival. If the tariffs take effect, the EU has declared it will place reciprocal tariffs on US products of similar export value. The issue underneath the tariff decision- global overcapacity- is real, but imposing global tariffs does not appear to help solve the problem. An internationally coordinated response using targeted tariffs or quotas might be the best way to keep the economic and geopolitical damage to the minimum.