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 does not recognize the results either and has threatened to impose sanctions on individuals responsible for violence, repression and election fraud.
Merkel said that Belarusian President Alexander Lukashenko "has not sought to speak" to any EU leaders.
The Commission said the agreements were part of a package worth three billion euros (US $3.52 billion), which is available to ten enlargement and neighbourhood partners.
Supporters of the plan have hailed it as a massive display of solidarity after an initially disjointed response to the epidemic that saw panic-stricken EU members unilaterally closing borders and blocking exports of emergency medical supplies.
Spain’s COVID-19 death toll of 28,400 is one of Europe’s worst and the country has identified more than 150 new virus clusters across the country.
