A delegation of senior officials of the European Union and business representatives from prominent European companies called on Prime Minister Shehbaz Sharif here on Tuesday, who assured them of his government’s continuous serious efforts to facilitate the growth of trade and investment relations with EU. The prime minister assured the EU delegation of the Government […]
European
Exports to major EU markets slow down amid ME conflict despite GSP+ status
Pakistan’s exports to major Western and Northern European markets have recorded negative growth in the first nine months of the current fiscal year compared with a year ago, despite the continuation of the Generalised Scheme of Preferences (GSP+) status, raising concerns about weakening demand for Pakistani goods. The development comes against the backdrop of a […]
As European heads roll from Epstein links, US fallout muted
The arrest of former prince Andrew has underlined the striking contrast between Europe, where high-profile, powerful people are being held to account over their links to Jeffrey Epstein, and the United States, where the fallout has been limited. Only one person has been arrested or convicted in the United States in connection with the activities […]
Europe aims to rely less on US defence after Trump’s Greenland push
European Commission President Ursula von der Leyen reflected a feeling of profound change among European leaders at this weekend’s Munich Security Conference when she said: “Some lines have been crossed that cannot be uncrossed anymore”. Transatlantic ties have already been strained over the past year by Donald Trump’s return to the White House. But the […]
European political order ‘in danger’, France warns
The European political order “is today in danger”, France’s foreign minister said on Friday, sharply criticising his country’s long-time ally Washington and hitting back at US claims Europe faced “civilisational erasure”. Jean-Noel Barrot delivered his annual address to France’s ambassadors as European powers were racing to come up with a coordinated response to Washington’s increasingly […]
Japan eager to welcome tourists from abroad amid cheap yen
It’s hard to tell from his serious demeanor, but Akky International Corp. Chief Executive Hideyuki Abe can barely contain his excitement. Japan eager to welcome tourists from abroad. Foreign tourists are coming back, those big-spending visitors from abroad who used to flock into his colorful store in Tokyo’s Akihabara electronics district, its colorful shelves filled […]
UK-Pakistan Business Council urges exporters to reap maximum benefits from GSP Plus
ISLAMABAD: Chairman UK-Pakistan Business Council, Mian Kashif Ashfaq Thursday urged exporters to reap maximum benefits from GSP plus as its plays key role in Pakistan’s trajectory to a greener future. Talking to a delegation of women exporters led by Ms. Saba Aalam Butt, he said GSP plus has strengthened Pakistan’s commitment to further improve […]
Microsoft pledges to store European cloud data in Europe
US tech giant Microsoft on Thursday pledged to store all European cloud-based client data in Europe amid unease on the continent over the reach of US legislation on personal data collection. Microsoft’s European clients have long been concerned over the legal status of data they store with US companies in the cloud and the extent […]
Risk of no-deal Brexit is now significant, says Northern Ireland’s DUP
LONDON: The chances of Britain leaving the European Union without a deal are significant, a lawmaker from Northern Ireland’s Democratic Unionist Party said on Wednesday, signaling its support for Prime Minister Boris Johnson’s tough Brexit approach. Jeffrey Donaldson, a senior lawmaker in the DUP which props up the Conservative government, said the party agreed with […]
Iran says European naval mission in Gulf would be ‘provocative’
TEHRAN: Iran on Sunday slammed as “provocative” a British proposal for a European-led naval mission to escort tankers in the Gulf, amid soaring tensions over the seizure of ships. “We heard that they intend to send a European fleet to the Arabian Gulf which naturally carries a hostile message, is provocative and will increase tensions,” […]