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 two sides also decided to strengthen the India-EU Clean Energy and Climate Partnership agreed at the 2016 Summit and prepare and implement a new work program, the joint statement said.
At the 15th India-EU Summit held via video conferencing, Prime Minister Narendra Modi gave a clarion call to all democratic countries to come together to deal with new economic challenges in the post-COVID world.
Sanchez said that July must be the month of decision and Spain would do everything for that. "If we postpone the agreement again, we will postpone the reconstruction. And if we postpone reconstruction, the crisis will be even more serious."
Earlier, the European Union had banned PIA flights while other airlines that employ Pakistani pilots and engineers had de-restored them pending investigations into the validity of their licences.
The Brexit trade talks are likely to be treated as but one dimension of a bigger problem ~ shoring up the single market during a period of economic turmoil.
