#eu-india-trade-agreement

#eu-india-trade-agreement

Macron underscored the need for France and South Korea to cooperate to help reopen the strait and deescalate Middle East animosities, affirming their resolve to secure the safe shipping route in the Strait of Hormuz.

John Teeling, the whiskey entrepreneur who founded the Great Northern Distillery outside Dundalk, says the company is already selling blended whiskey product into India that has been specially formulated and branded for that market. It's being imported by local partners there. Mr Teeling said he was previously concerned that Great Northern Distillery was primarily focused on the US market. Now he says that India and the broader Asian market including countries such as China, Japan, Vietnam and Thailand could become significant markets for Irish whiskey.

Deere & Co. ( NYSE: DE) ranks sixth for its positioning in India's agricultural mechanization drive, where significant productivity gaps represent a substantial equipment opportunity. Deere reported Q4 2025 revenue of $12.39 billion, up 14% year-over-year. Its Construction & Forestry segment surged 27% to $3.38 billion, demonstrating strength in infrastructure-related markets. CEO John May stated, "We believe 2026 will mark the bottom of the large ag cycle," positioning the company for recovery as emerging markets drive demand.

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After nearly two decades of negotiations, India and the European Union announced Tuesday they have reached a free trade agreement to deepen economic and strategic ties. The accord, which the EU chief described as the "mother of all deals," could affect as many as 2 billion people. The deal between two of the world's biggest markets comes as Washington targets both India and the EU with steep import tariffs, disrupting established trade flows and pushing major economies to seek alternate partnerships.

Stability. Consistency. Ever-changing complexity. With language like that, deployed in separate meetings in three Asian capitals this week, government leaders forged closer ties driven in part by a figure halfway around the world: the president of the United States. And much of the time, they didn't even mention Donald Trump's name. IN BEIJING: The U.K. and Chinese leaders called Thursday for a "long-term, stable, and comprehensive strategic partnership" between their two countries. The important words are long-term and stable. The two countries committed a decade ago to building a comprehensive strategic partnership but progress has been halting at best.

The steep hikes by Mexico have devastated several Indian industries already reeling under crushing US tariffs. Kolkata, India Pankaj Chadha has been running a steel manufacturing unit in Mumbai, India's financial capital, for the past four decades. The 65-year-old told Al Jazeera that his company exports products mostly to the United States and Mexico, where they are used in various industries.

Indian Prime Minister Narendra Modi's government has unveiled its annual budget, aiming for steady growth in an uncertain global economy rocked by recent tariff wars. Finance Minister Nirmala Sitharaman presented the budget for the 2026-2027 financial year in Parliament on Sunday, prioritising infrastructure and domestic manufacturing, with a total expenditure estimated at $583bn. India's economy has so far weathered punitive tariffs of 50 percent imposed by United States President Donald Trump over New Delhi's imports of Russian oil.

Australia and the EU are on the brink of striking a long sought after free trade agreement, with both sides talking up significant progress during talks in Brussels overnight. Ahead of a planned visit to Australia by European Commission president Ursula von der Leyen, due within months, a joint statement issued after the latest talks attended by the trade minister, Don Farrell, signalled major progress. The two sides said they had been able to converge on key differences which have dogged the deal for years.

The deal would forge a market of two billion people and nearly a quarter of global GDP, according to the European Commission. Follow DW for more. EU and India conclude trade negotiations after nearly two decades of on-off negotiationsImage: Altaf Hussain/REUTERS Skip next section What you need to know EU and India have finalized a trade deal after nearly two decades of negotiations

This morning, I had the pleasure of welcoming my friend and Prime Minister of India, Narendra Modi, to Perdana Putra for the official welcoming ceremony,

The upgrade places the EU on the same diplomatic footing as the United States, China and Russia and was announced during a visit to Hanoi by European Council President António Costa. "At a moment when the international rules-based order is under threat from multiple sides, we need to stand side by side as reliable and predictable partners," Costa said, adding that the partnership is about "developing spheres of shared prosperity."

Germany and Italy are deepening defense and economic cooperation with the leaders of the two countries signing an agreement in Rome. German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni agreed on closer cooperation in the production of drones, naval vessels, underwater systems and air and missile defense systems. The leaders are also looking to collaborate in the development of electronic warfare and aerial combat defense systems.