[ad_1] SYDNEY: New Zealand said on Monday a free trade agreement with the European Union would come into effect on May 1, after the country’s parliament ratified the deal. New Zealand notified the European Union it ratified the agreement earlier on Monday, Trade and Agriculture Minister Todd McClay said in a statement. Wellington and Brussels…
[ad_1] NEW DELHI: India’s steel exports reached an 18-month high of 1.1 million tonnes in January 2024, driven by increased demand from the European Union and favourable global prices, according to a report by SteelMint. “Good restocking demand from the European Union (EU) contributed 67 per cent of the 1.11 MT (export) in January. It…
[ad_1] BRUSSELS: The European Union‘s competition regulator said Tuesday it was looking into Microsoft‘s investment into ChatGPT developer OpenAI to see if it merits further investigation for possible breaches of merger rules.The European Commission said in a statement that it was “checking whether Microsoft’s investment in OpenAI might be reviewable under the EU Merger Regulation”…
[ad_1] NEW DELHI: Amid demands from European spirits and wine manufacturers to lower tariffs in India under the proposed free trade agreement (FTA), the Confederation of India Alcoholic Beverage Companies (CIABC) has sought better market access for the Indian products into the European Union.The lobby group has pointed to “non-tariff barriers” such as its definition…
[ad_1] NEW DELHI: India has appealed against a ruling of the WTO‘s trade dispute settlement panel, in a case filed by the European Union against New Delhi’s import duties on certain information and technology products. The panel in April had ruled that import duties imposed by India on certain information and technology (ICT) products violate…