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.
Half a decade of the British cohabitating with their Continental cousins has now ended, launching the UK on a path of its own making, free from EU laws, able to strike trade agreements with other countries around the world, and reshape its economy, society and governance structures.
'We have finally found an agreement,' the president of the European Commission Ursula von der Leyen said.
The Scots were peeved with the decision to leave the European Union ~ they had voted to stay, but overall the vote was in favour of leaving - and in recent months have been increasingly perturbed by London’s handling of the coronavirus epidemic.
Yet the clock is ticking and rather menacingly as 31 December, the date by which parliaments in London and Brussels must endorse a trade deal, approaches.
David Frost, the UK government's chief negotiator, and his EU counterpart Michel Barnier had a "useful review of the whole agenda before our talks" during informal Brexit discussions on Tuesday, Xinhua news agency quoted the spokesman as saying on Wednesday.
