Mirziyoyev in Tokyo: Uzbekistan–Japan ties strengthen
Uzbek President Shavkat Mirziyoyev’s official visit to Tokyo represents more than a strengthening of bilateral relations; it is a strategic step tha...
Today, the High-Level Economic Dialogue between Türkiye and the European Union has been resumed in Brussels after six years.
Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis and Commissioner for Enlargement Marta Kos met Türkiye's Minister of Treasury and Finance Mehmet Şimşek for a High-Level Economic Dialogue (HLED) between the European Union and Türkiye.
"The Türkiye-European Union High-Level Economic Dialogue meeting was held today in Brussels, after six years, in a very constructive atmosphere," Şimşek said on X.
"In the productive meetings with our EU counterparts, a consensus was reached on enhancing economic relations and increasing cooperation in all areas. Additionally, the modernization of the Customs Union and visa facilitation were discussed," - Turkish minister stated.
Şimşek added that deepening of relations with international financial institutions based in Europe was also evaluated.
Discussions on strengthening competitiveness, improving Türkiye's investment climate and better coordination of the engagement of European and International Financial Institutions (IFIs) in the country—including a state of play of the Türkiye Investment Platform (TIP)—were also among the principal subjects.
Business-to-Business Dialogue took place as a part of the event, which provided an opportunity for the representatives of the European and Turkish business community and the IFIs involved in the TIP to meet. The meeting focused on exploring how the EU and Türkiye can enhance competitiveness and drive the green transition to strengthen economic, financial, and investment ties as well as on improving SMEs' access to long-term sustainable financing.
EU and Türkiye's representatives agreed to meet again next year in Türkiye to continue cooperation in critical economic areas while maintaining consistent, open and constructive communication on mutual challenges and opportunities.
Ukraine has welcomed the European Union’s decision to provide €90 billion in support over the next two years, calling it a vital lifeline even as the bloc failed to reach agreement on using frozen Russian assets to finance the aid.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
U.S. President Donald Trump delivered a wide-ranging address from the White House in which he sought to highlight what he described as his administration’s achievements while laying the groundwork for his plans for the year ahead and beyond, on Wednesday (18 December).
Chinese Foreign Minister Wang Yi has held a phone conversation with his Venezuelan counterpart Yvan Gil at the latter’s request.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
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