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EU inks 'mother of all deals' with India trade agreement amid global turmoil
The EU Commission sealed a free-trade agreement with India cutting tariffs on EU goods while excluding agriculture to appease Indian authorities. Europe’s car industry is set to be among the biggest beneficiaries of the agreement.
Korea’s delay in trade agreement ratification prompts Trump to increase tariffs
US President Donald Trump has declared a surprise increase in tariffs on major items including Korean automobiles from the existing 15% to 25%.
Kenya, UAE seal landmark trade deal to boost agriculture
Kenya and the United Arab Emirates (UAE) have signed a landmark Comprehensive Economic Partnership Agreement (CEPA), the first such trade deal between the UAE
EU and Ecuador conclude negotiations for Sustainable Investment Agreement
The European Commission has concluded negotiations with Ecuador on a Sustainable Investment Facilitation Agreement (SIFA). This SIFA, the first negotiated with a Latin American country, will be instrumental in promoting EU investments in Ecuador.
Trump confirms Ukraine will get free trade zone, Zelenskyy says
Ukrainian President Volodymyr Zelenskyy confirms that during talks in Davos, US President Donald Trump supported the idea of creating a free trade zone.
Carney says Canada has no plans to pursue free trade agreement with China as Trump threatens tariffs
Canadian Prime Minister Mark Carney said his country has no intention of pursuing a free trade deal with China. He was responding to US President Donald Trump’s threat to impose a 100% tariff on goods.
Korea, Bangladesh to hold 2nd round of negotiations for free trade deal
South Korea’s push for a CEPA with Bangladesh warrants caution. While touted as a strategic gateway to South Asia, Bangladesh faces serious challenges — including political instability, weak infrastructure, and concerns over labour standards and governance — that could undermine the human rights and economic benefit for the people.
Lower auto tariffs, wider market access: What the India-EU trade deal may look like
India and the European Union are on the verge of reaching a FTA, with an "agreement in principle" expected imminently. The breakthrough is driven by India’s unprecedented offer to significantly reduce import tariffs on European goods—particularly high-end automobiles, with duties potentially dropping from 110% to as low as 10% over time.
Commission opens in-depth investigation into arbitration award ordering Bulgaria to pay compensation to ACF
The European Commission has opened an in-depth investigation to assess whether an arbitration award, in which Bulgaria is ordered to pay compensation to ACF for changes to a renewable electricity support measure, is in line with EU State aid rules.
Canada’s mining firms are big beneficiaries of the global order its prime minister just criticized
As Mark Carney urges value-based leadership, critics point to trade rules championed by Canada that undermine those ideals.