European Union

Not used our capacities in developing trade: EU diplomat

10:34 pm July 4, 2019

Chennai: The European Union and India have not done enough to maximise trade and investments considering the scale and size of the respective economies, EU Ambassador to India Tomasz Kozlowski said Thursday. The EU is the largest trading partner of India and would continue to remain so, he asserted. The United Kingdom’s exit from the […]

Outcry as dozens killed in air strike on Libya migrant centre

10:28 pm July 3, 2019

Tripoli : International condemnation mounted on Wednesday after more than 40 migrants were killed in an air strike on a detention centre in Libya that the UN said could constitute a war crime. The UN Security Council was set to hold urgent talks about the situation in the North African country following what the European […]

UK FinMin sounds warning bells over possible $90 bn loss in no-deal Brexit

11:28 pm July 2, 2019

London : British Finance Minister Philip Hammond warned on Tuesday that a disorderly UK departure from the European Union could result in a 90 billion pounds ($114 billion, 100 billion euros) “hit” to the treasury. “The government’s analysis suggests that in a disruptive no-deal exit, there would a be a hit to the exchequer of about 90 […]

May’s deal ‘only agreement possible’ for orderly Brexit: Barnier

10:12 pm June 14, 2019

Paris: The Brexit deal negotiated by Theresa May is the only one possible for an orderly withdrawal from the EU, the bloc’s chief negotiator Michel Barnier said Friday as the race to succeed the British prime minister hots up. “I repeat calmly that the United Kingdom still wants to leave the European Union… so the […]

Britain agrees Brexit trade deal with S Korea

8:03 pm June 10, 2019

London: Britain said Monday it had concluded a trade deal with South Korea to maintain links after Brexit. International Trade Secretary Liam Fox has agreed a preliminary deal with Korean Minister of Trade Yoo Myung-Hee in Seoul, the UK government said in a statement. It is Britain’s first post-Brexit trade deal in Asia and follows similar agreements with nations including Chile, Iceland, Norway and Switzerland. “The […]