PM Modi in Sweden: Strategic Partnership, FTA push and a pitch to double trade in five years
India and Sweden announced a five-year roadmap covering trade, defence, AI, space, startups, mobility and sustainability during Modi’s Gothenburg visit.
India and Sweden announced a five-year roadmap covering trade, defence, AI, space, startups, mobility and sustainability during Modi’s Gothenburg visit.
Israel’s approval of new West Bank settlements has drawn strong reactions globally, with the EU and OIC warning the move could deepen tensions and weaken chances of a negotiated peace.
The European Union has demanded that Washington honour its trade commitment and provide "full clarity" after the US President announced 15 per cent global tariffs following the Supreme Court's ruling to invalidate his previous tariffs under the International Emergency Economic Powers Act (IEEPA).
The conclusion of the India-European Union free trade agreement comes at a moment when the global trading system is under severe strain, shaken by geopolitical rivalries, economic nationalism and the increasingly unpredictable use of tariffs as political weapons.
The conclusion of the India–European Union Free Trade Agreement has been projected as a major diplomatic and economic milestone.
The European Union is poised to tighten its screws on Russia with the decision to impose an embargo on Russian oil after weeks of intensive talks.
London said it "will have no choice but to act" if the EU does not show the "requisite flexibility" over the protocol.
Both the EU and ASEAN have declared 2022 the “Year of Youth”.
Ratcheting up pressure on Russia’s already battered $ 1.8 trillion economies, the European Commission proposed phasing out supplies of Russian crude oil within six months and refined products by the end of 2022.
A geopolitical conflict has assumed the character of an economic war with the European Union accusing Russia of “blackmail” in the context of Gazprom’s move to halt gas supplies to some European customers.