Page 31 - European Union

China files complaint at WTO over EU anti-subsidy tariffs on Chinese EVs

China has moved forward with a complaint at the World Trade Organisation that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles. The Chinese diplomatic mission to the WTO said Monday it strongly opposes the measures and insisted its move was designed to protect the EV industry and support a global transition toward greener technologies. The European bloc announced last month it was imposing import duties of up to 35% on electric vehicles from China, alleging the Chinese exports were unfairly undercutting EU industry prices. The duties are set to remain in force for five years, unless an amicable deal can be struck. Electric vehicles have become a major flashpoint in a broader trade dispute over the influence of Chinese government subsidies on European markets and Beijing's burgeoning exports of green technology to the bloc. China alleged that the EU move amounted to an abuse of trade remedies that violates WTO rules, and amount

China urges France to get EU to arrive at palatable EV trade solution

The EU launched an anti-subsidy investigation into imports of Chinese-made battery EVs last year and in October voted for tariffs on those vehicles

Japan, EU forge security pact amid rising tensions with China and Russia

Borrell emphasized the dangerous global climate, referring to the top security concerns for both Japan and the EU without specifically naming China, Russia, or North Korea

Japan, EU announce security & defence partnership as regional tensions rise

Japan and the European Union announced a security and defence partnership on Friday as they seek to step up military ties, including joint exercises and exchanges between their defence industries, amid growing tensions with China, North Korea and Russia. It is the first security partnership that the EU has concluded with an Indo-Pacific country, Japanese Foreign Minister Takeshi Iwaya and EU foreign policy chief Josep Borrell told reporters. We live in a very dangerous world. We live in a world of growing rivalries, climate accidents and threats of war. And there is only one antidote to this challenging world, which is partnerships among friends, Borrell said. It is an historical and very timely step given the situation in both of our regions. Borrell is in Tokyo as part of an East Asia tour that includes South Korea, where he will also hold a strategic dialogue, underscoring the EU's increasing engagement with the Indo-Pacific region, as China and Russia step up joint military ...

EU Parliament reaffirms support for Taiwan amidst China's war games

Report further indicated that European Parliament had previously suggested establishing bilateral investment agreement with Taiwan; however, many experts consider this move to be 'too ambitious'

EU to increase tariffs on Chinese EVs to protect its car industry: Report

The extra tariffs on China-made electric cars will go ahead as planned, despite ongoing talks with China and will apply as of Wednesday

Only one PIA bidder left: Why are buyers running away from Pak Airlines?

Initially, the government aimed to complete PIA's privatisation by June, but this timeline has since been pushed to October due to various delays

EU imposes up to 35% tariffs on Chinese EVs, Beijing takes matter to WTO

Chinese state-owned automotive giant SAIC Motor will pay the top tariff of 35.3 per cent, BYD 17 per cent, and Geely 18.8 per cent, in addition to the standard 10 per cent EU import duty

Spain an important partner of India within European Union, says MEA

This is the first visit by the President of Spain in nearly two decades. He is accompanied by his wife, Begona Gomez, and also two ministers

US, EU call for probe after reports of Georgia election violations

On Sunday, US Secretary of State Antony Blinken said the United States joined calls from observers for a full probe

EU leader praises Serbia for EU membership progress despite Russian impact

European Commission President Ursula von der Leyen on Friday praised the Serbian president for meeting her and other European Union leaders instead of attending a Russia-organized summit of developing economies held earlier this week. Serbia has close ties to Russia and has refused to join international sanctions on Moscow over its invasion of Ukraine. In a telephone conversation Sunday with Russian President Vladimir Putin, populist Serbian President Aleksandar Vucic said EU candidate Serbia would maintain its stance on sanctions, notwithstanding EU and other Western pressure. However, despite Putin's invitation, Vucic did not attend a three-day summit of the BRICS group of nations, led by Russia and China, which took place in the Russian city of Kazan earlier this week. Leaders or representatives of 36 countries took part in the summit, highlighting the failure of US-led efforts to isolate Russia over its actions in Ukraine. Vucic sent a high-level delegation to the meeting, but .

No trade pact if EU insists on opening up dairy biz, says Piyush Goyal

Goyal also said that extraneous issues such as labour and climate change should be discussed on international forums

Exclude farming from EU-India trade deal, says German minister Habeck

India's trade ministry earlier said a free trade deal cannot be agreed upon if there is an insistence on getting access to the Asian country's dairy sector

No FTA if EU insists on opening up of India's dairy business: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Friday emphasised on understanding and respecting mutual sensitivities to fast-track India-EU free trade agreement talks, and said there would be no pact if the European Union insists on opening the dairy sector. Speaking at the Asia-Pacific Conference of German Business, the minister also said that "extraneous" issues like labour and climate change should be discussed at international forums. He added that the two sides have to understand, listen and appreciate the sensitivities of each other. "You (EU) are 27 countries, who have different priorities; India has 27 states. I may be growing apples in one state which does not permit me to open apples," he said, adding that the per capita income of EU member countries is much higher than that of the Indian states. He also said that there is a need to focus the energies on trade and on promoting investments and deeper strategic partnerships to push the talks. It will have to be a politica

Europe seeks to underpin sanctions on Russia, fearing Trump overhaul

Trump has strongly implied on the campaign trail that he would stop or dramatically slow military aid to Ukraine if he wins the Nov 5 election

Ireland imposes $335 mn fine on LinkedIn for illegal data practices

The decision also includes an order for Microsoft Corp.-owned LinkedIn to bring its data processing into compliance with the EU's General Data Protection Regulation

US's Intel corp wins court fight over EU's historic $1.1 bn penalty

The EU's Court of Justice ruled that regulators failed to prove the US company doled out illegal rebates to PC makers that agreed to buy most of their chips from Intel

Venezuelan Opposition leaders awarded EU's freedom of thought prize

The Sakharov Prize for freedom of thought award is considered the European Union's highest human rights honour

Blacklists to bans: Why countries think Chinese firms are a security risk

Nations are increasingly imposing restrictions on Chinese companies like DJI, Hesai, and TikTok due to perceived threats related to privacy, security, and trade competition

Chancellor Scholz turns to India as Germany looks to diversify beyond China

India and Germany's bilateral trade was valued at $26 billion for the financial year that ended on March 31, 2024