Tag: Asia Pacific
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The European Union and India on Tuesday, January 27, concluded a free trade agreement after nearly 20 years of negotiations, a deal expected to affect up to two billion people and cover almost all goods traded between the two sides. The agreement will lower or eliminate tariffs on the majority of products exchanged between the…
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Britain and China agreed to reset relations on Thursday, January 29, after Prime Minister Keir Starmer and President Xi Jinping pledged closer cooperation on trade, investment and technology. During the first visit by a British leader to China in eight years, Beijing granted British citizens 30 days’ visa-free access and agreed to halve tariffs on…
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Tesla delivered 1.64 million vehicles in 2025, a 9% decline from 2024, marking the company’s second consecutive year of falling sales. Chinese automaker BYD sold 2.26 million vehicles, surpassing Tesla to become the world’s largest electric vehicle manufacturer. In the fourth quarter, Tesla delivered 418,227 vehicles, below analysts’ expectation of about 440,000 units. Sales were…
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European dairy exports face provisional tariffs from China, which announced on Monday, December 22, duties of up to 42.7% on certain European dairy products following the conclusion of the first phase of an anti-subsidy investigation. The tariffs, effective Tuesday, December 23, cover milk and cheese products, including protected origin cheeses such as French roquefort and…
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The UK has signed a new trade agreement with South Korea designed to increase exports and support key industries including automotive manufacturing, food and drink, pharmaceuticals, and services. The deal replaces a post-Brexit arrangement introduced in 2019. Trade between the two countries is already worth more than £15bn a year. The UK government said the…
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Russian President Vladimir Putin and Indian Prime Minister Narendra Modi reaffirmed their strong bilateral ties on Friday, December 5, during the annual India-Russia summit in New Delhi, emphasizing the resilience of their partnership amid external pressure, particularly from the United States. The two leaders underscored Russia’s continued supply of oil to India, signaling defiance against…
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Southeast Asia Military personnel from Indonesia and Thailand have been deployed in a race to assist victims of catastrophic flooding that has left over 1,100 people dead across Southeast Asia. The floods, triggered by tropical cyclones and heavy monsoon rains, have affected millions in Indonesia, Thailand and Malaysia in recent days. In Indonesia, at least…
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Bangladesh’s former prime minister, Sheikh Hasina, has been sentenced to death on Monday, November 17, by the country’s International Crimes Tribunal (ICT) for crimes against humanity related to her government’s crackdown on student-led protests in 2024. Hasina, 78, was convicted in absentia after she was exiled to India following her ousting on August 5, 2024.…
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Pakistan’s parliament has approved a constitutional amendment granting the country’s army chief, Field Marshal Asim Munir, new powers and lifetime immunity from arrest and prosecution. The 27th constitutional amendment, signed into law on Thursday, November 13, has sparked criticism, with opponents warning that it could lead to a shift toward autocracy in the country. The…
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Leaders of the 21 Asia-Pacific Economic Cooperation (APEC) economies have adopted the 2025 APEC Leaders’ Gyeongju Declaration, committing to deepen digital cooperation, strengthen trade resilience and promote inclusive growth across the region. Hosted by the Republic of Korea under the theme “Building a Sustainable Tomorrow,” the summit took place from October 31 to November 1…
Eurasian Newslog 