European Union leaders renewed economic sanctions on Russia for another six months on Thursday and reviewed the latest U.S. trade proposals during a summit in Brussels.
French President Emmanuel Macron said the EU remains open to a swift and pragmatic trade deal with Washington but called for fair terms. “Our goodwill should not be seen as a weakness,” he told reporters. “If the U.S. maintains its baseline tariff of 10%, Europe’s response must carry equal weight.”
European Commission President Ursula von der Leyen confirmed that the EU had received a new document from Washington. “We are ready for a deal,” she said, adding: “At the same time, we are preparing for the possibility that no satisfactory agreement is reached. All options remain on the table.”
German Chancellor Friedrich Merz echoed the call for a streamlined process, saying the EU should pursue a “quick and simple” agreement. He noted that von der Leyen had also proposed exploring a new trade body led by European nations, as the World Trade Organization faces challenges.
The renewed push for a U.S.-EU trade agreement comes as President Donald Trump promotes updated tariff policies with global partners. Trump announced Wednesday that the U.S. had signed a trade deal with China and suggested a similar agreement with India may follow.
Separately, EU officials confirmed the extension of sanctions on Russia, citing the ongoing war in Ukraine. The measures will remain in place for another six months.
Leaders are expected to return to the trade agenda in July, with talks set to intensify in the coming weeks.
The White House has confirmed that U.S. President Donald Trump intends to maintain both a “good working relationship” with China and a “very str...
Pakistan has indicated its openness to forming a regional bloc with Bangladesh without including India. The statement from Islamabad follows comments ...
President Javier Milei has introduced a new labour reform proposal to Argentina’s Congress, aiming to address what his administration describes as a...
The global centre of political gravity is increasingly moving from the Atlantic to the Pacific, a development with significant implications for the So...
Turkish President Recep Tayyip Erdoğan will visit Turkmenistan on 11–12 December to attend the International Peace and Security Forum in Ashgabat....
Pakistan has indicated its openness to forming a regional bloc with Bangladesh without including India. The statement from Islamabad follows comments by Bangladesh’s top foreign affairs adviser, Md Touhid Hossain, that such an arrangement is strategically possible without India.
The global centre of political gravity is increasingly moving from the Atlantic to the Pacific, a development with significant implications for the South Caucasus and Central Asia.
Turkish President Recep Tayyip Erdoğan will visit Turkmenistan on 11–12 December to attend the International Peace and Security Forum in Ashgabat.
The South Caucasus is witnessing a notable recalibration of geopolitical alignments, with Azerbaijan and Armenia both pursuing strategic partnerships with global powers, including the United States and China.
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
In a dramatic Champions League clash at Baku’s Tofiq Bahramov Stadium, Qarabağ grabbed an early lead, but Ajax staged a thrilling comeback to win 4-2.
At least 19 people were killed and 16 injured as two buildings collapased in Morocco's Fes city according to the state news agency.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Iran's President Massoud Pezeshkian has begun a two day visit to Kazakhstan, with officials from both sides describing the trip as an opportunity to advance cooperation in trade, transport, industry, mining and cultural exchanges.
The White House has confirmed that U.S. President Donald Trump intends to maintain both a “good working relationship” with China and a “very strong alliance” with Japan, even as tensions between the two countries continue to rise.
Pakistan has indicated its openness to forming a regional bloc with Bangladesh without including India. The statement from Islamabad follows comments by Bangladesh’s top foreign affairs adviser, Md Touhid Hossain, that such an arrangement is strategically possible without India.
President Javier Milei has introduced a new labour reform proposal to Argentina’s Congress, aiming to address what his administration describes as a "rigid structure" that has hindered job creation in the country.
Torrential rain swept across the Gaza, flooding hundreds of tents and homes sheltering families displaced by years of conflict, raising concerns that the fragile truce may be cracking as authorities struggle to manage the growing humanitarian crisis.
In a significant shift in its foreign policy, China has unveiled a new policy paper promising no-strings-attached development support to Latin America and the Caribbean, signalling a major upgrade in its engagement with the region.
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