Page 66 - European Union

India's ICT tariffs led to annual export loss of €600 million, says EU

Claims real impact on European companies that also export from other countries to India considerably higher

Environment groups sue European Union over green label for gas, nuclear

Environmental groups have started legal action against the European Union's executive branch in a bid to block a move to include natural gas and nuclear power generation on a list of sustainable activities. The list proposed by the European Commission drew fierce criticism and accusations of greenwashing. On Tuesday, Greenpeace said that it was filing a lawsuit at the European Court of Justice, the top EU court, after the commission refused to reconsider its move. Greenpeace is asking the European Court of Justice to declare the inclusion of fossil gas and nuclear "as invalid." Separately, ClientEarth, WWF's European Policy Office, Transport & Environment (T&E), and BUND are challenging only the decision to include gas. They say the fossil fuel can't be considered sustainable because of its adverse environmental impact. The green labelling system from the European Commission defines what qualifies as an investment in sustainable energy. Initially, it didn't initially include ..

WTO panel rules against India in IT tariffs dispute with EU, others

The EU is India's third largest trading partner, accounting for 10.8% of total Indian trade in 2021, according to the European Commission

WWDC 2023: Apple may open up iPhones to sideloading apps with iOS 17

Apple's move would be in response to EU law, kicking in from 2024, which requires technology companies to allow the installation of third-party apps and let users change default settings

India to protect interests of farmers, dairy sector in FTA with EU: Goyal

India will completely protect the interests of farmers and dairy sector in the proposed free trade agreement (FTA) with the European Union, commerce and industry minister Piyush Goyal has said. He was here on an official visit to hold discussions with leaders and the private sector on ways to further enhance trade and investment ties between the countries. The minister also went to Paris for the India-France business summit. Goyal said that Italy and France have offered unstinted support for the early conclusion of negotiations for the India-EU trade agreement. During the meetings in Italy and France, he said, India has emphasised about the different economic conditions and per capita income in the two regions. But the kind of business opportunities which India provides for EU businesses are huge and "nobody can provide those in the world", he added. "Keeping all this in mind, we would do the FTA... We will protect the interests of farmers and dairy sector... We have done that wit

India-EU free trade agreement to promote economic ties: Sanjiv Puri

Signing of free trade agreement between India and the European Union would help promote economic ties between the region and New Delhi. Vice President CII and Chairman and Managing Director, ITC Ltd, Sanjiv Puri, emphasised that signing of India-EU free trade agreement could be a catalyst for further enhancing India-Italy relationship, the commerce ministry said in a statement. He was speaking at the CEOs Business Interactive session organised here in association with the Confederation of Indian Industry (CII) and Confindustria on April 13. He was accompanying commerce and industry minister Piyush Goyal here. Goyal had meetings with CEOs of some prominent Italian companies like SOL, SpA, Piaggio, CIBJO, Nayara Energy and Enel Green Power. The minister explained to them the investment climate in India, the policy reforms and the potential of investing and expanding in India. The CEOs informed the minister that they were looking at expanding operations in India for catering to the

EU cannot 'blindly follow' Washington, says European Council president

More and more European Union leaders have echoed Macron's comments that Europe should resist pressure to become "America's followers," Michel told the US-based POLITICO news service on Tuesday

India, Italy for achieving balanced, fair Indo-EU free trade agreement

India and Italy have discussed progress of talks on the proposed free trade agreement between New Delhi and the European Union (EU) and hope for its early conclusion, the commerce ministry said on Thursday. In January last year, India and the EU resumed negotiations for a free trade agreement, investment protection and Geographical Indications (GI). Italy is a member of the EU. The issue came up for discussion in the meeting of Commerce and Industry Minister Piyush Goyal and Italian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation in Foreign Office Antonio Tajani here on April 12. "The ministers underlined the importance of achieving a free, balanced and fair free trade agreement and hoped that it would be concluded soon," it said. They also agreed to the convening of the next session of the Joint Commission on Economic Cooperation (JCEC) in Rome in the last week of September. Tajani suggested the formation of a Joint Working Group in the strateg

Emmanuel Macron's comments on Taiwan raise questions on EU global ties

Comments by French President Emmanuel Macron over Europe's priorities on Taiwan have raised questions over the EU's relationship with both the US and China, on the eve of his planned speech on the bloc's sovereignty in The Netherlands. Macron's remarks were published on Sunday in an interview with French newspaper Les Echos and Politico Europe. The question we need to answer, as Europeans, is the following: is it in our interest to accelerate (a crisis) on Taiwan? No," Macron was quoted as saying in the interview. "The worst thing would be to think that we Europeans must become followers on this topic and take our cue from the US agenda and a Chinese overreaction. The comments were made on Friday, before China launched large-scale combat exercises around Taiwan that simulated sealing off the island in response to the Taiwanese president's trip to the US last week. Macron spoke to reporters on his way back from a three-day state visit to China, where he spoke at length with Preside

Russian oil & Opec effect: Outcome of buying Urals oil above cap are severe

The risks to Indo-Russian oil trade escalate when Urals crude starts trading above the cap imposed by the European Union

Who will India trade with?

Regional consolidation of trade may leave India out in the cold

Finland's Nato moment

A snub for Putin, a risk for Europe

India, European Union speed up work on free trade agreement negotiations

The fifth round of negotiations will be held in New Delhi from June 19-23, 2023

EU lashes out at China for extending support to Russia in Ukraine war

The European Union's foreign policy chief on Tuesday lashed out at China for its support of Russia amid the invasion of Ukraine and called it a blatant violation of Beijing's United Nations commitments. There cannot be siding with the aggressor, Josep Borrell said. There is a clear expectation from a permanent member of the (UN) Security Council to stand up in defence of international rules-based order and China as a moral duty to contribute to a fair peace. Standing alongside visiting US Secretary of State Antony Blinken, Borrell was forceful in his condemnation of a nation that has increasingly moved from being a partner to being a rival on the global stage. The comments come just ahead of a visit of EU Commission President Ursula von der Leyen together with French President Emmanuel Macron to China, where both will press the point that EU-China relations will pivot on Beijing's friendship with Russia. Macron and von der Leyen are set to warn China against sending weapons to Russ

EU's population projected to drop by 6% by 2100, shows Eurostat data

The European Union's population will decrease by 6 per cent between 1 January 2022 and 1 January 2100, equivalent to 27.3 million fewer people, according to the latest population projections

India, Denmark exchange views on G20 presidency, India-EU FTA, Ukraine

India, Denmark exchanged views on multilateral, regional issues including India's G20 presidency, India-EU Free Trade Agreement, Ukraine, Indo-Pacific, co-operation at the UN, and climate change

As Finland plans to join Nato, a look at how countries join the alliance

Nato's membership has increased from 12 to 30 countries through eight rounds of enlargement. The Republic of North Macedonia became the latest country to join Nato on March 27, 2020

Ukraine seeks to join EU within year after start of membership talks

Ukraine is performing the tasks put forward by the EU for the membership "much faster than anyone expected", the minister stressed

India falls 6 spots to rank 144 in Passport Index 2023: All you must know

The sharp fall in India's ranking has been attributed to the change in European Union's policy

EU mulls banning new gas, diesel cars by 2035 despite divisions

European Union (EU) energy ministers have approved a ban on the production and sale of new cars using traditional fossil fuel engines by 2035