The EU and a South American trade bloc reach a giant trade deal after 25 years of talks
The Statesman|December 08, 2024
The European Union reached a blockbuster free trade agreement Friday with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance, capping a quarter-century of on-off negotiations even as France vowed to derail the contentious accord.
AGENCIES
The EU and a South American trade bloc reach a giant trade deal after 25 years of talks

Provided it is ratified, the accord would create one of the world's largest free trade zones, covering a market of 780 million people that represents nearly a quarter of global gross domestic product.

The accord's proponents in Brussels say it would save businesses some $4.26 billion in duties each year, slashing red tape and removing tariffs on products like Italian wine, Argentine steak, Brazilian oranges and German Volkswagens.

هذه القصة مأخوذة من طبعة December 08, 2024 من The Statesman.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 08, 2024 من The Statesman.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE STATESMAN مشاهدة الكل
Maruti Suzuki to hike car prices upto 4 per cent from January
The Statesman

Maruti Suzuki to hike car prices upto 4 per cent from January

Maruti Suzuki is set to increase the prices of its car from January. The company said the move is to offset the impact of rising input costs and operational expenses.

time-read
1 min  |
December 12, 2024
Withdraw your PF directly from ATMs Starting next year: Labour secretary
The Statesman

Withdraw your PF directly from ATMs Starting next year: Labour secretary

The Labour Ministry is upgrading its IT systems to provide enhanced services to the country's massive workforce.

time-read
1 min  |
December 12, 2024
ADB lowers India's economic growth forecast to 6.5 pc for current fiscal
The Statesman

ADB lowers India's economic growth forecast to 6.5 pc for current fiscal

The Asian Development Bank (ADB) on Wednesday lowered India's economic growth forecast to 6.5% for the current financial year due to lower-than-expected growth in private investment and housing demand.

time-read
1 min  |
December 12, 2024
Policy continuity will be priority: RBI chief
The Statesman

Policy continuity will be priority: RBI chief

Sanjay Malhotra also reaffirmed his commitment to financial inclusion

time-read
2 mins  |
December 12, 2024
Stock market remains rangebound; IT, auto, and FMCG stocks gain
The Statesman

Stock market remains rangebound; IT, auto, and FMCG stocks gain

Stock market on Wednesday remained rangebound for the fourth consecutive session with IT, auto, and FMCG stocks gaining; energy lagged behind.

time-read
1 min  |
December 12, 2024
Attempts should be made to restore global calm: Nirmala Sitharaman
The Statesman

Attempts should be made to restore global calm: Nirmala Sitharaman

Outlining the priorities of the economy for the next decade, Nirmala Sitharaman on Wednesday said attempts should be made to restore global calm and normalcy and noted that war or any form of disruption should be avoided.

time-read
1 min  |
December 12, 2024
Biden approves national security memo ahead of Trump's return
The Statesman

Biden approves national security memo ahead of Trump's return

President Joe Biden has approved a new national security memorandum ahead of Donald Trump's return to the White House that could serve as a road map for the incoming administration as it looks to counter growing cooperation among China, Iran, North Korea and Russia, the White House said Wednesday.

time-read
1 min  |
December 12, 2024
Taiwan demands that China end its military activity in nearby waters
The Statesman

Taiwan demands that China end its military activity in nearby waters

Taiwan's military has detected Chinese ships since Monday, both off Taiwan and farther out along the first-island chain; Taiwanese media had said as many as 90 Chinese vessels are involved overall

time-read
2 mins  |
December 12, 2024
Australian police launch a special operation to investigate increased antisemitic attacks
The Statesman

Australian police launch a special operation to investigate increased antisemitic attacks

Australian federal police launched a special operation to investigate an increase in antisemitic threats and violence since the war between Israel and Hamas began last year.

time-read
1 min  |
December 12, 2024
Philippine vice president skips hearing into threats she made against the president
The Statesman

Philippine vice president skips hearing into threats she made against the president

The Philippine vice president on Wednesday skipped the first hearing into threats she made against President Ferdinand Marcos Jr., saying she did not believe the investigation will be fair.

time-read
1 min  |
December 12, 2024