The European Union and India at a Trade and Technology Council meeting in Brussels reaffirmed their commitment to speedy ratification of the EU-India Free Trade Agreement, targeting entry into force in 2027.
The trade agreement reached last night between the European Union and the United States offers a much-needed reprieve for European retailers and wholesalers. Yet this is -at best- damage control.
Following the looming threat of 30 per cent tariffs on EU imports, the United States and EU ended months of uncertainty with a trade agreement to reduce import tariffs to 15 per cent.
The EU warned China at a summit in Beijing against providing material support to sustain Russia’s military-industrial base, and that there need to be more balance in EU-China trade.
The United States was the largest consumer of EU automotive products in 2023, accounting for 20% of the total EU domestic value added, according to figures released by Eurostat.
The European Union and Indonesia have reached a political agreement on their Comprehensive Economic Partnership Agreement, marking a decisive milestone towards its conclusion.
The European Commission has agreed a new trade deal with Ukraine in a review which looks to the integration of Ukraine into the Single Market and it says safeguards the interests of EU farmers.
