India, European Commission sign MoU on semiconductors
New Delhi: India and the European Commission on Friday achieved a significant milestone in their technological partnership by signing a Memorandum of Understanding (MoU) on semiconductors.
India in discussions to supply green hydrogen to European Union, Singapore: Report
New Delhi: India is in discussions regarding a potential agreement to supply over 11 million metric tons of green hydrogen annually to the European Union and Singapore, Reuters reported citing three government officials and one industry source.
India and EU affirm commitment to work together on WTO reforms
Union Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Piyush Goyal and Executive Vice-President of the European Commission responsible for an Economy that Works for People, and the European Commissioner for Trade, Valdis Dombrovskis emphasised on the need for expediting the ongoing India-EU FTA negotiations by finding convergence on all issues.
India-EU conclude 1st round of negotiations over trade, investment
New Delhi/IBNS: India and the European Union concluded the first round of negotiations for India-EU Trade and Investment Agreements, including the Geographical Indicators (GI), in New Delhi last evening.
Hero Cycles delivers first batch of Made-in-India-e-bikes to EU
New Delhi/IBNS: Indian bicycle-maker Hero cycles has successfully delivered its first batch of Made in India e-bikes of around 200 units to Germany in Europe, according to media reports.
EU needs roughly $1.6 trillion to overcome COVID-19 crisis – Economic Commissioner
Moscow/Sputnik: Tackling the implications of the coronavirus epidemic will likely cost the European Union an approximate 1.5 trillion euros ($1.6 trillion), EU Commissioner for Economy Paolo Gentiloni said in an interview with Germany's Spiegel on Monday.
Business prospects for Cyprus resident
The Republic of Cyprus is placed on the island of the same name in the Mediterranean. It’s a British colony in the past and is currently a participant of the European Union. Tourists, nearly 2 million visitors per year, are the main sphere of profit for locals. Therefore, the country's budget is highly dependent on the service section, which is equivalent to 4/5 of GDP. Besides, Cyprus is an exporter of fruits, clothing, and medications. The local fleet of vessels is the fourth major worldwide and also brings great profits.