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The European Union wants to accelerate efforts to finalise trade agreements with third parties after a six-month pause, as the bloc adapts to the Ukraine war and other challenges, EU trade commissioner said.
The US has been trumpeting that its IPEF will bring prosperity to the region. But its sole purpose is to advance the “Indo-Pacific Strategy” and key interests of the U.S. instead of driving post-pandemic recovery, development and prosperity of the region.
The next round of the India-UK free trade agreement will take place next week and both Prime Ministers have asked the negotiators that it will be done by Diwali.
After a gap of about nine years, India and the EU will likely resume the much-awaited negotiations for a proposed free trade agreement (FTA) from June 27, as both the sides eye a deal by next fiscal.
The European Union (EU) is now looking to do more business with India by way of greater investments in Europe as tension with Russia over the Ukraine war and geopolitical concerns with China pose massive challenges to the bloc and the world at large.
Spain has been a major importer of Nigerian crude oil, and Nigeria’s exports to Spain stood at $4.8billion in 2020 whilst Spain’s exports to Nigeria increased from $97.2 million in 1995 to $517million in 2020
China’s government says it remains confident it can strike a sweeping trade and security agreement with 10 Pacific Island states despite being forced to shelve its proposed agreement.
Under a new proposal from the European Commission, non-EU nations who refuse to make arrangements to take back undocumented migrants with a failed asylum claim may have their import tariffs increased.
The chair of the European Parliament’s trade committee Bernd Lange argues that the EU needs more defensive instruments to safeguard its trade interests.
A decision to start negotiations on a free trade zone between the Eurasian Economic Union and the United Arab Emirates might be made by the end of this year.
China and Papua New Guinea held talks on a free-trade deal, as Beijing’s foreign minister wrapped up a landmark tour of the Pacific Islands with a stop in the resource-rich nation.
Pacific Island countries have agreed not to sign a region-wide trade and security deal with China after a high-level meeting between Chinese Foreign Minister Wang Yi and his counterparts from 10 Pacific nations in Fiji.
Taiwan and the US announced that they would commence negotiations on a new trade agreement, signaling a breakthrough after Taiwan was excluded from a US-led regional trade framework.
Except for India and the US, all other nations in IPEF are part of the RCEP rival bloc. India’s aversion to a pact which includes China has geopolitical considerations at its root.
China’s commerce ministry has denied talks with Switzerland to update a free trade agreement between both countries are "frozen".
These agreements are not legally binding and do not create any legal, equitable, or financial rights, obligations, or liabilities for the participants.
Semiconductor-powerhouse Taiwan held high-level trade talks with the European Union.
The EU-Mercosur agreement and the influence of the automotive industry.
How financial investors, law firms and arbitrators are profiting from the investment arbitration boom in Spain.
Pakistan and Turkey agreed to constitute a joint task force under the coordination of their commerce and trade ministries to develop a comprehensive road map, covering the issues connected to bilateral trade.