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…
Latest Maros Sefcovic News & Updates
New Delhi, June 8 (IANS) The European Union’s trade commissioner Maros Sefcovic said the bloc is developing new trade instruments to reduce its dependence on China, a new report has said.“We are using our existing tools more assertively. Where gaps exist, we are also building new tools… Diversification now requires a dedicated instrument,” Sefcovic told the annual Brussels Economic Security Forum, according to a report from Euractiv.Sefcovic warned that the EU’s current trajectory of acc…
New Delhi, May 14 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday held a productive discussion with senior leaders and policymakers from Germany on strengthening India-Germany economic cooperation and advancing the India-EU trade partnership.“The discussions focused on strengthening the business environment, enhancing investment flows, and deepening collaboration across key sectors including textiles, pharmaceuticals, renewable energy, mobility and manufacturing,” Goyal posted…
Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed on Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources, report…
Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources. Friday’s …
New Delhi, March 30 (IANS) Commerce and Industry Minister Piyush Goyal has emphasised the importance of a balanced and responsive World Trade Organization (WTO) that effectively addresses the needs and aspirations of all members, particularly developing countries and Least Developed Countries (LDCs).Goyal had valuable discussions with Dr. Ngozi Okonjo-Iweala, Director-General of the WTO, as part of engagements at the 14th WTO Ministerial Conference (MC14) held in Yaounde, Cameroon.“Acknowledge…
New Delhi, March 29 (IANS) Commerce and Industry Minister Piyush Goyal met Maros Sefcovic, European Commissioner for Trade and Economic Security, on the sidelines of the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO) in Cameroon, and reviewed progress on the India-EU free trade agreement (FTA).Both the leaders deliberated on key priorities under the MC14 agenda and “reviewed progress on the ongoing work towards the signing of the India-EU FTA, as announced by PM Naren…
New Delhi, March 25 (IANS) The European Union will take up the issue of China dumping cheap goods in Europe, which is harming local industry, at a meeting of the World Trade Organisation (WTO) this week, EU Commissioner for Trade and Economic Security Maros Sefcovic told journalists.Sefcovic said he will demand serious reform of the WTO during a meeting in Cameroon this Thursday and make it crystal clear that China’s economic rise has meant the global trade environment has dramatically changed…
New Delhi, Jan 20 (IANS) India and the European Union (EU) are close to finalising a landmark free trade agreement (FTA), with the formal announcement expected on January 27, a day after the Republic Day celebrations which will be attended by the top EU leadership as chief guests.According to sources, the India-EU summit scheduled for Jan 27, will witness the successful conclusion of FTA negotiations. A document will be adopted by both sides to announce the conclusion of FTA negotiations, after …
New Delhi, Jan 15 (IANS) India and the European Union may sign the proposed free trade agreement as early as this month during the official visit of the top EU leaders to New Delhi, who will also be the chief guests at the prestigious Republic Day parade on January 26.Commerce Secretary Rajesh Agrawal told journalists that the India and EU negotiators were very close to finalising a trade agreement and were looking at wrapping up the loose ends before the top leadership meeting scheduled for Jan…