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.
Greek Prime Minister Kyriakos Mitsotakis also said on Twitter that the event is "an unprecedented, shocking act", calling for EU action to "step up pressure on Belarus. Enough is enough".
The virtual summit was attended by Germany's Angela Merkel and the EU president Ursula von der Leyen amongst others where Macron highlighted India's vaccine exports to several countries in the time of the pandemic.
Myanmar has been rocked by almost daily protests since the coup and the military has intensified its attempts to crush dissent, though the UN and Western countries have condemned their takeover and the escalating violence.
In January and February this year, the unemployment rate in the EU stood at 7.3 per cent and 7.5 per cent, respectively, equivalent to almost 16 million people.
While President Biden spoke on a host of issues, his focus was clearly on China which is increasingly being seen as an existential threat to the West ~ to its values and its institutions.
