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Tag Archives: EU

EU accepts Pakistani rice exporters’ plea on why India shouldn’t get exclusive rights to export basmati

KARACHI: Pakistani rice exporters say their reasons for why India should not be given exclusive rights to export basmati rice have been accepted by the European Union. Officials in the industry said the European Commission declared the notice of opposition and the statement of Pakistani exporters admissible. Pakistani exporters had filed a “detailed response” to the European Union in a ... Read More »

UK maritime sector urges development of new customs agreement between UK, EU

LONDON: The UK’s maritime sector promotional body, Maritime UK, has urged the government to develop a new and unique customs agreement between Britain and European Union (EU) following the country’s exit from the EU. The recommendation was made after the UK Government published a series of new trade and customs papers regarding potential post-Brexit arrangements. Maritime UK noted that it ... Read More »

EU, China add to customs cooperation

BEIJING: The European Union and China have signed a Strategic Framework for Customs Cooperation for the years 2018-2020. The agreement was signed on June 2 by the EU’s Commissioner for Economic and Financial Affairs, Pierre Moscovici, and China’s Minister of Customs, Yu Guangzhou. The document sets out the main objectives of mutual cooperation and assistance between the EU and China, ... Read More »

EU, Iran to mull possibility of gas import

TEHRAN: The European Union and Iran will discuss the possibility of importing gas from this country, TASS news agency reported. The announcement was made by a source in the EU on the eve of the visit of Federica Mogherini, the EU high representative for foreign affairs and security policy, to Tehran. “We don’t rule out the possibility of importing gas,” ... Read More »

EU, USA consular visit to Dubai Customs to explore latest smart initiatives

DUBAI: The Air Customs Centres Management at Dubai Customs has received a high-level EU and USA consular envoy who came to Dubai Customs to learn about some of its latest smart initiatives and day-to-day services. The visit comes as part of the UAE drive to share experiences with other countries. The consular envoy comprised Wolfgang Penzias, Trade Counsellor (European Union ... Read More »

Volkswagen’s flagship brand to switch to new diesel emissions control technology in Europe, North America

BRUSSELS: Volkswagen’s flagship brand will switch to new diesel emissions control technology in Europe and North America as well as cut a billion euros ($1.1 billion) in annual investment spending. VW brand head Herbert Diess made the announcement Tuesday as the company struggles to overcome a scandal over the fact that some of its cars are equipped with computer software ... Read More »

EU court rules French prisoner vote ban legal

PARIS: France’s imposition of an automatic lifetime voting ban on people convicted of certain offences is legal, the European Union’s top court has ruled. In a case being watched closely in Britain, where the Government has rejected calls from European judges to amend its own legislation barring prisoners from voting, the European Court of Justice found that Thierry Delvigne’s loss ... Read More »

EU leaders ask Erdoğan to back radical refugee plan

PARIS:  EU leaders have pleaded with Turkey’s authoritarian president, Recep Tayyip Erdoğan, to join forces behind a radical plan aimed at stemming the flow of hundreds of thousands of refugees and migrants to Europe. The Europeans are offering eventually to take half a million Syrians from new refugee and asylum-processing camps they would co-fund in Turkey in return for Ankara ... Read More »

French minister says UK plans could be part of new EU treaty

PARIS: Britain’s plans to create new relationship with the European Union could be coordinated with far-reaching EU treaty changes to create an integrated eurozone, the controversial reforming French economics minister has said. This would be a win-win for Britain and France, Emmanuel Macron told the Guardian in an interview, but he said it depended on the precise details of what ... Read More »

Majority of 19 EU nations seek opt-out from growing GM crops

BRUSSELS:  Nineteen EU member states have requested opt-outs for all or part of their territory from cultivation of a Monsanto genetically-modified crop, which is authorized to be grown in the European Union, the European Commission said on Sunday. Under a law signed in March, individual countries can seek exclusion from any approval request for genetically modified cultivation across the 28-nation ... Read More »

Pro-EU business leaders fear in campaign playing catch-up

BRUSSELS: Pro-EU business leaders are worried that the campaign for Britain to stay in the EU, which will launch on October 12, is falling behind its rivals in the Out campaign. “There is a concern that the Out campaigners appear to have got themselves together quickly,” said Terry Scuoler, chief executive of EEF, the UK manufacturers’ organisation. “If you look ... Read More »

Norway’s Yara to sale EU CO2 business to U.S Praxair, sees gain of EUR 150m

OSLO: Says signs a non-binding agreement with U.S.-based Praxair, Inc. to sell its European CO2 business for 218 million euros. Says agreement also includes sale of Yara’s remaining 34 pct stake in Yara Praxair Holding AS joint venture to Praxair for an estimated 94 million euros. Says the transaction is expected to close in the first quarter of 2016, pending ... Read More »

Majority of EU nations seek opt-out from growing GM crops

BRUSSELS : Nineteen EU member states have requested opt-outs for all or part of their territory from cultivation of a Monsanto genetically-modified crop, which is authorized to be grown in the European Union, the European Commission said on Sunday. Under a law signed in March, individual countries can seek exclusion from any approval request for genetically modified cultivation across the ... Read More »

Zimbabwe, EU sign 5 financial agreements amounting to €89 mln

HARARE: Zimbabwe and the European Union have signed five financial agreements amounting to €89 million (about $97,9 million) and expect to add a further 40 million euros under the 11th European Development Fund (EDF) 2014-2020 National Indicative Programme (NIP) by year end. By the end of the year, the European Union expects to release more than two thirds of the ... Read More »

Bundesliga stars back support for refugees in Germany

BERLIN: Bayern Munich’s Pep Guardiola says Germany is setting an example of how other European countries should treat refugees as the Bundesliga’s stars help welcome migrants amid the ongoing crisis. “Germany has shown us, and the world through German Chancellor Angela Merkel, what Germany is all about,” Guardiola said ahead of Bayern’s Champions League match at Olympiakos on Wednesday. “This ... Read More »

Toyota sees EU sales marginally lower in 2015

BERLIN: Toyota Motor Corp expects sales in Europe to fall slightly this year as higher deliveries in the western part of the region are unlikely to offset a sharp drop in Russia, the carmaker’s regional sales head said on Monday. The Japanese auto group, which counts 56 countries, including Israel and Turkey, as part of its European market, sold 888,000 ... Read More »

Ukraine to allow for resumption of gas supplies to Russia, EU

KIEV: Russia and the European Union on Friday discussed ways of ending Russia’s gas dispute with Ukraine to allow for the resumption of gas supplies to Russia’s war-torn ex-Soviet neighbour. Russian gas giant Gazprom in July halted all natural gas supplies to Ukraine after the breakdown of talks between Moscow and Kiev over pricing.  Moscow claimed that Brussels would provide ... Read More »

EU regulators to approve GE-Alstom deal

PARIS: The European Union will announce it has approved a deal under which General Electric will acquire the energy business of French company Alstom for $12 billion, a source close to the transaction said. In order to win the green light from the European Commission, GE has had to make concessions, the source said. EU anti-trust regulators had expressed concern ... Read More »

EU gives France 5m euros for new migrant camp in port of Calais

PARIS: European authorities are giving France an extra 5 million euros ($5.6 million) to aid migrants who have clustered in a filthy camp in the port city of Calais in hopes of sneaking across the English Channel to Britain. European Commission Vice President Frans Timmermans announced the funding Monday during a visit to Calais with French and EU officials. He ... Read More »

Government of Armenia receives $450m in Grants from EU and USA in 2007-2014

PARIS: The Union of Informed Citizens continues its investigation of foreign grants received by the Armenian government. Here, we present the sum amount of the grants received by the government in 2007-2014. During the last 8 years, the Armenian government received grants equal to approximately 542 million USD from foreign states and organizations. We know this from the state budget ... Read More »