The European Union and India are nearing a “historic” trade agreement, the bloc’s chief said, as both sides look to strengthen ties and bolster their economies in the face of rising tariff threats from US President Donald Trump . “Some call it the mother of all deals,” European Commission President Ursula von der Leyen said Tuesday at the World Economic Forum in Davos, ahead of her trip to India n...
The European Union and India are nearing a “historic” trade agreement, the bloc’s chief said, as both sides look to strengthen ties and bolster their economies in the face of rising tariff threats from US President Donald Trump . “Some call it the mother of all deals,” European Commission President Ursula von der Leyen said Tuesday at the World Economic Forum in Davos, ahead of her trip to India next week where both sides are expected to announce the pact. The free trade agreement “would create a market of 2 billion people, accounting for almost a quarter of global GDP,” she said. It would give European nations “first mover advantage” with India, she said, the world’s fastest growing major economy. Negotiations on the FTA have been ongoing for almost two decades but both sides found new momentum last year after Trump upended global trade with his tariffs, prompting nations to seek alternate markets. India signed FTAs with the UK, Oman and New Zealand last year to boost trade and offset the 50% tariffs Trump levied on goods shipped to the US. India and the EU are expected to eliminate tariffs on more than 90% of goods they trade, lowering import duties across a wide range of consumer and industrial products, according to people familiar with the matter in New Delhi, who asked not to be identified because the discussions are private. Both sides remain locked in negotiations on sticky areas like steel and automobiles, although they’ve agreed to open market access for select agricultural products, a senior official in New Delhi said last week. India’s Ministry of Commerce and Industry didn’t immediately respond to a request for further details. Some EU members have been skeptical about whether the deal would give their exporters meaningful access to India’s market, people familiar with the matter said, after the two sides scaled back their ambitions in areas like agriculture and autos. Steel has also been a contentious area of negotiation. India had linked the outcome o...
England cricketer working to regain players’ trust Brook denies that team have a drinking culture Harry Brook has admitted he is fortunate to still be England’s white-ball captain after clashing with a nightclub bouncer the night before a one-day international against New Zealand, adding that he has “work to do to try and regain the trust of the players”. As reported in the Telegraph this month, B...
England cricketer working to regain players’ trust Brook denies that team have a drinking culture Harry Brook has admitted he is fortunate to still be England’s white-ball captain after clashing with a nightclub bouncer the night before a one-day international against New Zealand, adding that he has “work to do to try and regain the trust of the players”. As reported in the Telegraph this month, Brook was in an altercation on the eve of England’s third ODI on the tour of New Zealand which led into the Ashes. Overseeing his first away series as the side’s limited-overs captain, Brook reported the incident to team management before receiving a fine reportedly close to £30,000 while keeping his job. Continue reading...
Harry Brook says supporters have “every right to be annoyed” by his behaviour after he was punched by a nightclub bouncer on England’s tour of New Zealand that preceded the Ashes.
Harry Brook says supporters have “every right to be annoyed” by his behaviour after he was punched by a nightclub bouncer on England’s tour of New Zealand that preceded the Ashes.