‘Free Trade Agreement negotiation with EU not easy, talks are on’: EAM Jaishankar
Addressing at Centre for European Policy Studies virtually ...
No agreements that are FTAs by stealth with China, to focus on EU, US: India on RCEP
India had pulled out of the pact last year after negotiating it for seven years citing its concerns on trade deficit, circumvention of rules of origin and base rate of customs duty, remaining unaddressed.
US, EU oppose India's subsidy cut waiver proposal
The US and EU have argued that the proposal before the World Trade Organisation (WTO) – which seeks to exempt countries with national incomes below a specific threshold level — will allow most developing countries to remain exempt from subsidy cuts.
India exploring to utilise Arab World’s FTAs with US & EU for exports
"There is huge potential in the growing Arab economies while many Arab countries have FTAs with EU and USA. Arab countries and Indian businesses can both benefit by participation in economic growth and development,” Secretary (CPV&OIA) MEA Sanjay Bhattacharyya told FICCI in an address titled ‘India’s engagement with Arab World’ on Tuesday.
EU trade pact high priority, hopeful of working towards a FTA: Piyush Goyal
Goyal said removing barriers to trade between India and Europe is essential to move forward as the EU is India’s largest trading partner block, with about $105 billion trade in goods in 2019. It is also the second largest destination for Indian exports.
Class action lawsuits to become EU law
Currently, only six EU countries (Belgium, France, Italy, Portugal, Spain and Sweden) offer what the European Consumer Organisation considers to be a full collective redress system.
US, EU, others quiz India’s pulses import curbs, sugar subsidies
At a recent meeting at the World Trade Organization (WTO), they also asked New Delhi about the potential impact of its food stocks on the global market and if it is breaching its support limit for other farm goods like it did for rice.
Post-Brexit borders to divide EU, UK citizens
From January 1, Britons will be treated by the EU as "third country" nationals, no longer enjoying freedom of movement to work, study or retire across the European Union and associated states. Britain in turn will process EU nationals at its borders as it does other non-UK passport holders.
India risks losing to a China-backed trade bloc defeating very reason it exited last year
Modi pulled out of what’s now the world’s largest free-trade agreement to appease farmers and touted the exit as a victory for India’s poor, but things have gone downhill for the economy since the coronavirus outbreak.
EU plans data shakeup to boost home-grown innovation
From autos to vaccines, access to industrial data is critical to the future of the global economy and the EU is worried that lack of trust among member states will stifle growth.
FTA talks with Russia, US, EU on, trade policy not planned around one nation: Piyush Goyal
Restoration of duty concessions under GSP or Generalized System of Preferences are India’s key demand in its trade deal negotiations with the US.
EU drafts deal to upgrade 2030 climate change target next month
If the Dec 10-11 EU leaders' meeting approves the draft conclusions seen by Reuters, it could make the EU the first major economy to submit a new climate pledge under the 2015 U.N. Paris climate agreement, before a year-end deadline to do so.
Italy's pollution 'persistently' breaks EU law: Court
"Daily and annual limit values for PM10 particulate matter were very regularly exceeded" in zones highlighted by the European Commission in an infringement procedure launched two years ago, the court said in a statement.
EU agrees on tighter rules for surveillance tech exports
EU lawmakers and the European Council reached a provisional deal to update controls of so-called dual use goods such as facial recognition technology and spyware to prevent them from being used to violate human rights.
EU reaches deal with Moderna on COVID-19 vaccine supply: Source
Last week Moderna said its experimental vaccine was 94.5% effective in preventing COVID-19, based on interim data from a late-stage clinical trial.