maros sefcovic

India and the European Union have reaffirmed their dedication to finalizing the long-awaited Free Trade Agreement, emphasizing its potential to greatly benefit citizens and businesses. During the 13th round of FTA discussions in New Delhi, both sides expressed commitment to a fair and balanced agreement. Significant progress has been made, with approximately 60% of the agreement's chapters already finalized.

"There is no legal or political justification whatsoever for the UK to unilaterally change an international agreement," he added, referring to proposed legislation allowing Britain to scrap some of the rules on post-Brexit trade with Northern Ireland.

The EU will look into "ways we could slap a sanction regime on gold, which is an important commodity for exports from Russia", maros sefcovic, deputy head of the European Commission, said in Prague. The move follows a ban on gold exports from Russia agreed by the world's most industrialised nations at a G7 meeting at the end of June.

Following the US Supreme Court's invalidation of global tariffs, the European Commission urged the US to adhere to the EU-US trade agreement. President Trump's subsequent increase in tariffs from 10% to 15% has drawn strong criticism from the EU, which insists on maintaining the agreed-upon 'fair, balanced, and mutually beneficial' trade terms.

Amidst escalating trade tensions with the United States due to hefty tariffs imposed by President Trump, the European Union is actively pursuing free trade negotiations with Asian nations. The EU is prioritizing talks with Indonesia, the Philippines, Thailand, and Malaysia, all key ASEAN members, while also stepping up engagement with India.

Negotiations between India and the European Union for a Free Trade Agreement are progressing positively, with approximately 60% of the chapters already finalized. EU Commissioners are scheduled to visit New Delhi in September to accelerate discussions. Germany has pledged its support to encourage the European Commission to finalize the FTA, aiming to strengthen economic ties between the EU and India.

India and the European Union are nearing a free trade agreement, with significant progress made on tariff issues. An EU delegation will visit New Delhi next week to finalize technical negotiations, aiming for a robust and balanced pact. Both sides are optimistic about concluding the talks by December, fostering closer economic ties and mutual business support.

European firms will have the capacity to supply all the lithium-ion batteries needed for the continent's automakers by 2025 as they ramp up electric vehicle output to meet strict pollution limits, EU officials said Friday.

India and the EU are making significant progress in negotiations for a free trade agreement (FTA), according to commerce and industry minister Piyush Goyal. The two sides agreed to build a commercially meaningful trade agenda and work towards a mutually beneficial pact, ahead of the 10th round of talks.