Washington/Brussels – Media and political groups are expressing a great possibility of Donald Trump of the Republican Party winning again in the presidential elections in the US at the end of this year. Trump and his allies have prepared a plan to impose additional taxes on imports from the European Union. Against this background, a […]
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Stockholm: On the background of the ongoing war between Russia and Ukraine, the demand for arms at the international level seems to be increasing continuously. In 2022, 100 big companies in the defence sector have sold arms worth about $ 600 billion. US companies continue to dominate this business, and 42 US companies have earned […]
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Moscow/Caracas – The Foreign Minister of Venezuela, Yvan Gil Pinto, currently visiting Russia, has announced de-dollarisation from the ongoing bilateral trade with Russia. Foreign Minister Pinto also clarified that the two countries have agreed on this, and the process of using the national currencies is in the final stages. Besides, Russia has welcomed this and […]
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Brussels/Beijing – The European Union (EU) has started preparations to ban the export of sensitive technology to China. The sources also said the European Commission (EC) will release a list of sensitive technology and other issues soon. It is being said that the European Parliament (EP) will also approve a proposal to include action to […]
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Beijing – ‘Due to its ambiguous policy, China’s relations with the European Union (EU) have reached a critical stage. From here on, these relationships will either develop or end. If China continues its ambiguous trade policy, it will cause losses to both sides,’ EU trade chief Valdis Dombrovskis warned. He also recalled that the EU […]
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Berlin – Germany has announced a change in its trade policy with China. It said that China is openly violating human rights and trying to make an impact on the rules-based international order. Moreover, Germany says it was closely watching these aggressive activities of China. Germany also said it had no intention of withdrawing from […]
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New Delhi – External Affairs Minister (EAM) S. Jaishankar has pointed out that as soon as India signs a Free Trade Agreement (FTA) with the African continent, Tanzania will become the hub of India’s trade. EAM Jaishankar, who arrived on a visit to Tanzania, made this claim while addressing the entrepreneurs of this country. For […]
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Washington/ Taipei/ Beijing – On Thursday, the US signed the first bilateral trade agreement with Taiwan. US officials expressed confidence that the agreement, being part of the ‘US-Taiwan Initiative on 21st Century Trade’, would further strengthen economic and trade ties between the two countries. There has been a strong reaction from China. China will not […]
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Seoul/ Jakarta: South Korea and Indonesia, among the five leading economies in Asia, have decided to transact in local currencies. A meeting of both countries’ central banks was recently held in South Korea. On this occasion, an agreement was signed to use the local currencies ‘Won’ and ‘Rupiah’ instead of the US dollar in trade […]
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Moscow – Alexander Novak, Deputy Prime Minister of Russia, has claimed that Russia has completely moved away from the dollar and Euro as a currency to trade oil and are focused on regional currencies. He said Russia had traded oil with China in exchange for Yuan and Rubel. The International Energy Agency (IEA) recently declared […]
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