New Delhi, July 27 (IANS) While Beijing’s relations with the European Union (EU) remain strained due to China’s growing trade surplus, the Communist country has been cleverly cultivating several individual members of the EU bloc to step up its exports, according to an article in Financial Times.In the first half of this year, China’s trade surplus with the EU, which hit 360 billion euros in 2025, rose another 24 per cent year-on-year. Beijing is also quietly leveraging relations with count…
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Tehran, July 26 (IANS) Iran’s Foreign Minister Seyed Abbas Araghchi said on Sunday that the attack on an Iranian commercial vessel by Ukraine, which killed a sailor, was done at the ‘behest’ of Israel to drag Europe into its war.”(Ukrainian President Volodymyr) Zelensky has attacked an Iranian commercial vessel, killing a sailor. A blatant UN Charter violation done at Israel’s behest to drag Europe into its war. In calls with EU High Representative Kaja Kallas and Foreign Minister Sergey Lavro…
Tehran, July 26 (IANS) Iran’s Foreign Minister Seyed Abbas Araghchi called on the EU to take “decisive” action against Ukraine’s targeting of an Iranian commercial ship in the Caspian Sea.He made the remarks on Saturday in a phone call with EU foreign policy chief Kaja Kallas, in which the two sides discussed the latest regional developments, according to a statement by the Iranian Foreign Ministry.Araghchi condemned the Ukrainian attack, urging the EU, UN Security Council, and international com…
New Delhi, July 19 (IANS) The Centre is holding consultations with stakeholders on possible safeguards for children on social media, including proposals to restrict access for users under 16, Electronics & IT Secretary S. Krishnan said. Krishnan said India is closely studying global developments before deciding on its own approach. “We need to study what other countries have done with social media. It is a matter of global concern,” he told NDTV Profit.Prime Minister Narendra Modi public…
New Delhi, July 16 (IANS) The India-EU Trade and Technology Council (TTC) complements ongoing efforts towards an ambitious, balanced and mutually beneficial India-EU Free Trade Agreement (FTA), said Commerce and Industry Minister Piyush Goyal.Co-chairing the Ministerial Meeting on the India-EU TTC in Brussels, the minister said “we reviewed progress across resilient supply chains, critical and emerging technologies, clean energy and innovation, deep-tech startups, green hydrogen, and EVs and b…
New Delhi, July 14 (IANS) India and Belgium on Tuesday discussed ways to expand cooperation across trade, investment, technology, logistics and workforce mobility.Commerce and Industry Minister Piyush Goyal had an excellent meeting with David Clarinval, Deputy Prime Minister and Minister of Employment, Economy, and Agriculture of Belgium.“We also exchanged views on the transformative potential of the India-EU Free Trade Agreement and reaffirmed our shared commitment to further strengthening ec…
New Delhi, July 13 (IANS) India’s merchandise exports increased by 15.5 per cent (year-on-year) to $40.41 billion in June this year, compared with the corresponding figure of $34.98 billion in the same month last year, according to data released by the Commerce Ministry on Monday.However, the surge in imports driven by higher global crude oil and precious metal prices outpaced export growth, which led to a widening of the merchandise trade deficit to $30.43 billion in June.Imports rose at a fa…
Brussels, July 9 (IANS) The European Parliament has approved an amendment that slammed Ukrainian President Volodymyr Zelensky’s decision to change the name of an elite Ukrainian military unit after the second World War era Ukrainian Insurgent Army (UPA), a move that has sparked a diplomatic dispute between Warsaw and Kyiv, a report has said. Most of the members of the European Parliament voted in favour of the amendment, which expressed regret over Zelensky’s “recent unnecessary and unprovoked e…
New Delhi, July 6 (IANS) The abolition of the customs duty-free exemption for low-value imported goods from China to the EU imposes a flat 3 euro duty per declaration line. The measure concerns purchases from countries such as China, aiming to rationalise imports and enhance transparency, according to an article in the Greek City Times.The AADE (Independent Authority for Public Revenue) has announced that the customs duty-free exemption for low-value imported goods up to 150 euros is being aboli…
New Delhi, June 19 (IANS) EU leaders have asked the European Commission to come up with stronger measures to deal with China’s growing economic might that comes at the cost of dumping cheap goods in other countries, according to a report in Politico.The report cites an EU official as saying that leaders requested the Commission assess the EU’s trade defense tool-box and eventually come up with new instruments, to ensure the bloc has what it needs to defend its interests against China’s unf…