Pakistani businesses warn UAE visa delays threaten trade and investment
Pakistani businesses are warning that growing difficulties in obtaining United Arab Emirates (UAE) visas are disrupting trade, delaying investment and...
Hundreds of farmers staged a protest in Paris on Tuesday against the proposed trade agreement between the European Union and the South American bloc Mercosur.
The demonstration, organized by the agricultural union Confederation Paysanne, began at the Esplanade des Invalides and ended at the foot of the Eiffel Tower.
Protesters carried banners, chanted slogans, and drove tractors in a show of opposition to the EU-Mercosur agreement which.
First negotiated in 2019, the agreement has faced growing opposition from European farmers and environmental groups, who argue it could harm domestic producers and accelerate deforestation in the Amazon.
The EU-Mercosur deal is hailed by the EU as "a win win-win for both the EU and Mercosur countries by creating opportunities for growth, jobs and sustainable development on both sides."
The Mercosur countries include Argentina, Brazil, Paraguay, and Uruguay, while the deal is expected to create the world's largest free trade zone for over 700 million consumers.
The EU is Mercosur's second-largest trading partner in goods, with exports of €57 billion in 2024. The EU accounts for a quarter of total Mercosur trade in services, with EU exports to the region amounting to €29 billion in 2023.
The EU is also the biggest foreign investor in Mercosur, with a stock of €390 billion in 2023. While the relationship is substantial, both exporters and potential investors face barriers in Mercosur markets.
According to the EU, the goals of the new trade deal include increasing bilateral trade and investment, and lowering tariff and non-tariff trade barriers - notably for small and medium-sized enterprises.
In a statement released on its trade and policy website, it also said the deal would crate more stable and predictable rules for trade and investment through better and stronger rules in the area of
It also said it would promote shared values and sustainable development, including by strengthening worker’s rights, fighting climate change, ensuring environmental protection, and encouraging responsible business conduct.
The deal also includes protections for 344 EU geographical indications, limits on sensitive agricultural imports such as beef and poultry, and robust safeguards against import surges, supplemented by a proposed legal act to address farmers' concerns.
U.S. President Donald Trump said on Monday that there is a good chance” of reaching a deal with Iran, but warned that Washington would resume military operation if negotiations fail.
Iran will halt its own attacks as long as the United States maintains its pause on strikes, but Tehran remains sceptical of U.S. intentions, a senior Iranian source told on Sunday.
The Russia-Ukraine war is increasingly reshaping the Caspian region. From threats to energy infrastructure to renewed diplomatic efforts, countries across the region are adapting to the wider consequences of a conflict that continues to disrupt trade, transport and security.
A New York school district has put plans to introduce a humanoid robot into classrooms on hold after fierce criticism from teachers, Indigenous community members and state education officials over the use of artificial intelligence in schools.
A known Islamist suspected of driving a minivan into a crowd near a major LGBTQ Pride gathering in Berlin was shot dead during a police operation at an allotment garden complex, broadcaster RBB reported on Sunday.
Tehran has stressed that its commercial vessel hit by a Ukrainian drone in the Caspian Sea on Saturday was carrying only civilian cargo and vowed to respond appropriately while holding Kyiv responsible for the attack.
Since 1946, nine people have served as UN Secretary-General, the closest thing the world has to a chief diplomat. The role carries no army and little hard power, yet its occupants have shaped how nations respond to war, famine and global crises. Here are five who left the deepest mark.
Two shallow earthquakes hit a remote area of China's Qinghai province on Tuesday, with authorities reporting no casualties or collapsed buildings so far.
Australia is considering building its first new oil refinery in more than six decades as conflict in the Middle East exposes the country's heavy reliance on imported fuel.
U.S. House Democrats opened an investigation into FIFA, alleging potential corruption, fraudulent sales tactics, illegal price gouging and a possible quid pro quo involving the organisation and the Trump administration.
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