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US, India unveil interim trade framework, move closer to broad pact
The United States and India moved closer to a trade pact, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to realign global supply chains.
Merz in Abu Dhabi touts Germany as reliable investment partner
German Chancellor Friedrich Merz wrapped up a three-day tour of the Gulf region in Abu Dhabi by positioning Germany as a reliable investment partner, and eyeing a central role in a potential EU trade agreement with the United Arab Emirates (UAE).
Billionaire former Russian oligarch seeks $350 million from Canada at international tribunal
Igor Makarov has already waged two unsuccessful Canadian court battles in an attempt to be removed from the sanctions list over Russia’s war on Ukraine.
EU courts Gulf countries for free trade deal as Brussels seeks to counter tariffs
The EU's special envoy to the Gulf said it's high time to get a deal done as Brussels looks to bolster business ties with wealthy Arab nations. Free trade talks have stalled for two decades over political disagreements and conditions for market access.
Brazil signals new openness to Mercosur-China talks as Beijing seeks deeper ties
Brazil is considering pushing for a partial trade agreement between the Mercosur bloc and China for the first time, senior Brazilian government officials said, in what would be a major shift for Latin America's largest economy.
South Africa takes step towards trade deal with China
South Africa said on Friday that its trade minister had signed a framework economic partnership agreement on a visit to China, which it described as a step towards securing duty-free access to the Chinese market for South African exports.
Exclusive: Somaliland expects Israel trade deal, has minerals to offer, leader says
Somaliland expects to reach a trade agreement soon with Israel, the first country to recognise its independence, and is willing to offer rights to valuable mineral deposits as part of a deal, its leader said in an interview with Reuters.
Morocco, Azerbaijan continue progress on draft investment promotion agreement
Azerbaijan and Morocco are continuing to make progress on the draft agreement “On the Promotion and Mutual Protection of Investments.”
India seeking higher product coverage in Asean-India FTA
India’s aim is to liberalise trade in 80% of the tariff lines and product-specific Rules of Origin in the review of Asean India Trade in Goods Agreement (AITIGA) which it hopes will conclude in the next few months.
India and Gulf Cooperation Council to ink fresh terms for FTA talks today
India and the Gulf Cooperation Council (GCC) will on sign the terms of reference for a free trade agreement (FTA) to start talks for a trade pact. The terms of reference (ToR) define the scope, rules, and framework of a trade deal.