UK’s Reeves pledges to ‘work closely’ with Trump as tariff threat looms – POLITICO

UK’s Reeves pledges to ‘work closely’ with Trump as tariff threat looms – POLITICO

The chancellor made the remarks while speaking Thursday night at her first Mansion House event, where she also outlined reforms to boost the City of London by allowing extra risk in the U.K. financial system, among other policy maneuvers. Donald Trump won the U.S. election in a landslide last week, and has pledged to impose … Read more

India-UAE bilateral trade set to surpass USD 100 billion target before 2030

India-UAE bilateral trade set to surpass USD 100 billion target before 2030

New Delhi: The bilateral trade between India and the United Arab Emirates (UAE) is on track to surpass the $100 billion target well before 2030, underscored by a notable 12.7 per cent (year-on-year) increase, according to a report on Tuesday. The UAE remains India’s third-largest trading partner and second-largest export destination (FY2022-23). According to a … Read more

Beijing won’t shift in EV tariff talks with EU, Chinese media report – POLITICO

Beijing won’t shift in EV tariff talks with EU, Chinese media report – POLITICO

Beijing will not make concessions as it negotiates on tariffs on electric vehicle imports with the EU, a social media account associated with the Chinese state broadcaster said. “While China is always willing to seek consensus and resolve issues through communication in the face of friction, this does not mean that China will make concessions … Read more

UAE’s non-oil foreign trade hits record AED 1.395 trillion in H1 2024

UAE’s non-oil foreign trade hits record AED 1.395 trillion in H1 2024

The United Arab Emirates (UAE) non-oil foreign trade has reached heights, showcasing the country’s resilience and strategic economic diversification efforts. According to Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, the nation continues to break records in its non-oil trade, reflecting a robust recovery and growth trajectory. It reached an all-time high of … Read more

EU open to Keir Starmer’s Brexit plan – POLITICO

EU open to Keir Starmer’s Brexit plan – POLITICO

“It’s time to reset our relationship with our European friends and allies,” Lammy said. That language was echoed on Friday by European Commission President Ursula von der Leyen, who told Starmer that she looked forward to meeting to discuss ways to “strengthen cooperation and reset the relationship” between the U.K. and EU, according to an … Read more

France wants China to send ‘clear messages’ to Russia over Ukraine war – POLITICO

France wants China to send ‘clear messages’ to Russia over Ukraine war – POLITICO

China presents itself as neutral on the Ukraine war and hasn’t formally condemned Russia for the invasion. Instead, Beijing has deepened ties with Moscow — even deciding to ditch the United States dollar for bilateral trade. Last month, China’s special envoy for Eurasian affairs warned about the war escalating and said both Ukraine and Russia … Read more

India-EFTA trade pact: Here’s how India’s $100 billion trade pact with EFTA will benefit Indians; Swiss watches, chocolates to get cheaper

India-EFTA trade pact: Here’s how India’s 0 billion trade pact with EFTA will benefit Indians; Swiss watches, chocolates to get cheaper

India has signed a significant trade and economic partnership agreement with the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland, aiming to boost trade and investments between the two regions. This agreement is expected to bring several benefits to Indian consumers and the economy. Key Benefits for Indian Consumers One of the … Read more

India’s Trade Pact With 4-Nation European Bloc: All About Swiss Watches, Chocolates Set to Enter Indian Market

India’s Trade Pact With 4-Nation European Bloc: All About Swiss Watches, Chocolates Set to Enter Indian Market

India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to enhance trade and investments between the two regions, heralding a new era of economic cooperation. As a result of the trade pact, Indian customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and … Read more