Thursday, 14 November 2019

Tag Archives: EU

EU official warns US could break global trading system

WASHINGTON: EU Trade Commissioner Cecilia Malmstrom warned Thursday that US actions threatened to “break” the global trading system and she urged Washington to cooperate on reforming the rules of commerce instead. President Donald Trump´s aggressive trade policies have targeted friend and rival but he has focused the most attention on ...

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EU says UK must decide next Brexit steps

LONDON: The EU has said it is now up to MPs to decide the next steps for Brexit and it remains “committed” to agreeing a deal in time for the UK to leave this month. Officials said they had offered fresh assurances on the issue of the Irish backstop ahead ...

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EU MEPs ask India to stop atrocities in Kashmir

BRUSSELS: An overwhelming majority of members of the European Parliament (MEPs) attending a landmark event on the rights situation in occupied Kashmir on Tuesday put their weight behind the recommendations of a United Nations report on the state of human rights in the valley, and called on India to immediately ...

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EU signatories of Nuclear Deal are deceiving Tehran: Khamenei

TEHRAN: At the same time, European signatories to the deal, striving to preserve the accord, were recently slammed by US Vice President Mike Pence, who stated that they were “undermining the US sanctions”. A day before, Iranian Foreign Minister Mohammad Javad Zarif said the EU’s current efforts are insufficient to ...

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Mogherini, Zarif agree to work together for further implementation of INSTEX

EU foreign policy chief Federica Mogherini and Iranian FM Mohammad Javad Zarif at a meeting expressed their commitment to cooperate for further implementation of the Instrument in Support of Trade Exchanges (INSTEX), which allows bypassing US sanctions, the European External Action Service (EEAS) said in a statement. “They discussed the ...

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Brussels mulls adding Saudi Arabia to EU dirty money blacklist

BRUSSELS: The European Commission proposed adding seven countries including Saudi Arabia to the European Union’s (EU) money laundering blacklist of governments that do too little to thwart the financing of terrorism and organised crime. The new countries targeted by the commission, including Saudi Arabia and Panama, would join another 16 ...

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British Airways stops selling its shares to outside EU citizens

LONDON: The parent company of British Airways and Iberia has stopped the sales of its stock to investors outside of the European Union. EU-ownership rules dictate that more than half of an airline’s stock must be held by shareholders that are based within the economic bloc. International Consolidated Airlines Group ...

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Danske scandal: EU needs stronger anti-fraud curbs, says lawmaker

COPENHAGEN: The European Union needs tougher anti-fraud controls including a central body able to enforce laws against money laundering, European lawmakers said, describing financial crime as as a security problem for the continent. Curbs should be more uniform across the EU and its framework for swapping financial intelligence is inadequate ...

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‘Special place in Hell’ for Brexiteers: EU leader

PARIS: European Union leader Donald Tusk on Wednesday condemned those calling for Brexit with no idea how to carry it out, saying he hopes Theresa May now has a “realistic” plan. The British prime minister is due in Brussels on Thursday to discuss ways to ensure Britain’s orderly withdrawal from ...

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