He Mercosur will sign the free trade agreement agreed with Singapore in 2022 during the summit that will be held next week in Brazil, in which he will formalize negotiations with the Dominican Republic and El Salvador, while continuing to discuss with the European Union (EU). “We continue to negotiate, almost weekly,” declared in relation […]
Tag: EU
EU asks China to stop construction of coal plants due to climate crisis
The main official of the European Union for the climate said Thursday that China should stop building coal-fired industrial plants and contribute to a global aid fund for poor countries affected by the climate change. EU climate commissioner Wopke Hoekstra raised the two issues in what he called intensive and open talks with his Chinese […]
EU gives the green light to digitalization of the visa process to travel to Schengen
The Council of the European Union (EU) gave the green light this Monday to the rules to digitize the visa procedure to enter the free movement space Schengenwith the possibility of making arrangements online and replacing the current label with a digital one. The acting Spanish Minister of the Interior, Fernando Grande-Marlaska, indicated in a […]
US and EU show united front on Israel and Ukraine
The president of USA, Joe Bidenand the leaders of the European Union (EU) They showed a united front on Friday in supporting the right to Israel to defend against Hamas and to continue helping Ukraine against Russia. ”These conflicts show that democracies must remain united,” declared the president of the European Commission, Ursula von der […]
EU gives green light for incorporation of Peruvian fiber optic partners
The European Comission authorized this Tuesday the acquisition of joint control of Pangeacothe wholesale company optical fiber of Peru, by the American fund KKR and the Spanish Telefónica, after both companies notified Brussels last September. “The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic […]
EU freezes aid to Palestinians after Hamas attack on Israel
The European Comission said on Monday it was reviewing its entire development aid portfolio for the Palestiniansworth 691 million euros (US$ 728.66 million), and which immediately suspended all payments after the Hamas attack against Israel. “The magnitude of the terror and brutality against Israel and its people is a turning point,” said Oliver Varhelyi, EU […]
Russia evades G7 sanctions that limit prices of its oil exports
Russian crude oil supplies increased by 50% this spring despite sanctions imposed by the countries of the G7 Due to the war in ukrainethe Financial Times reported on Sunday, citing data from analytics firm Kpler. The European Union, G7 countries and Australia introduced a US$60 per barrel cap on Russian oil last December, with the […]
EU car group calls for urgent action on trade rules after Brexit
The European Union and the United Kingdom urgent measures must be taken to postpone the rules on electric vehicles traded between both markets, which will involve tariffs of 10%, the European automotive group declared on Monday. “Increasing consumer prices for European electric vehicles, at a time when we have to fight for market share in […]
EU: chip law comes into force to reduce dependence on Asia
The European Chip Law, with which the European Union wants to double its semiconductor production to cover 20% of global manufacturing to reduce its dependence on Asiacame into force this Thursday. The EU hopes to reduce its dependence on Taiwan and South Korea, which have almost a global duopoly in chip manufacturing – they produce […]
Spain claims to have “necessary instruments” to evaluate investment in Telefónica
The acting Spanish Minister of Industry, Commerce and Tourism, Héctor Gómez Hernández, stated this Tuesday before the European Parliament that Spain has the “necessary instruments” to assess the “possible” Saudi investment in Telefónica, of which the Government of Spain has not yet had formal notification. “As soon as we have formal knowledge of this operation, […]