CANBERRA — Australia and the European Union (EU) on Tuesday finalized a free trade agreement (FTA) worth AUD10 billion (approximately $7 billion) alongside a Security and Defense Partnership (SDP), marking the conclusion of eight years of negotiations. Read More: UK open to looser ‘Australia-style’ trade deal with EU The FTA is expected to expand market access for Australian […]
Ursula von der Leyen
Europe and India push for historic ‘mother of all deals’
NEW DELHI: India and the European Union are on the brink of finalising what officials are calling the “mother of all deals”, a landmark trade and strategic partnership aimed at strengthening economic and geopolitical ties. The announcement is expected during the EU-India summit next week in New Delhi, where European Commission President Ursula von der […]
Historic EU-India trade pact nearly finalized
The European Union is close to signing a free trade agreement with India, European Commission President Ursula von der Leyen said. She called it “the mother of all deals.” The agreement would create a market of two billion people, representing nearly a quarter of global GDP. Von der Leyen noted that while progress is significant, […]
EU chief heads to Syria amid post-Assad rebuilding
EU Commission President Ursula von der Leyen will visit Syria later this week, her first trip since Bashar al-Assad’s fall. The visit comes as international efforts to rebuild Syria gain momentum. She will also tour Jordan and Lebanon during her Middle East trip. Von der Leyen aims to support reconstruction initiatives and strengthen EU engagement […]
Belgium rejects EU plan to use frozen Russian assets for Ukraine
BRUSSELS – Belgium’s Prime Minister Bart De Wever has criticized an EU proposal to use frozen Russian assets to fund Ukraine, calling it “fundamentally wrong” and raising doubts about reaching an agreement next month. Read More: Pakistan, EU pledge to deepen trade, investment via GSP plus In a letter to European Commission President Ursula von der Leyen […]