– An agreement has been reached between Hungary and the United Arab Emirates on economic cooperation, as part of which a new district can be built around the Rákosrendező railway station with a huge investment of five billion euros – Péter Szijjártó, Minister of Foreign Affairs and Trade, announced on Wednesday in Budapest. According to … Read more
2023-12-05 18:50:38 India’s exports to Oman could soon get duty concessions with the two sides having begun talks for a free trade agreement. Mineral fuels, inorganic chemicals, compounds of precious metals and iron and steel are India’s top exports to Oman while oil, fertilisers and plastics are the top imports. Officials said that the negotiations … Read more
2023-11-24 08:37:07 FOREIGN ECONOMY AUSTRIA connects more than 800 participants from over 50 countries – focus on internationalization opportunities – innovation requires openness to technology Vienna (OTS) – The mobility sector is undergoing massive change, which is being accelerated primarily by three global trends: decarbonization, urbanization and digitalization. With the International Mobility Days 2023, the … Read more
2023-08-21 06:30:32 A healthy growth in India’s services segments has helped the country’s total exports and imports of goods and services to cross the USD 800 billion mark during the first half of 2023, despite a slowdown in global demand, think tank GTRI said in a report on Monday. According to the analysis of the … Read more
2023-08-17 22:05:40 New York Heavily indebted Chinese real estate developer China Evergrande has filed for Chapter 15 bankruptcy protection in the United States. That emerges from documents of the bankruptcy court in Manhattan from Thursday. Under Chapter 15 of the US bankruptcy law, foreign companies can be protected from lawsuits by American creditors while they … Read more
2023-07-21 09:50:00 China vs. USA Both the US and China have great economic power – and are fighting for supremacy. (Photo: Stephan Schmitz for Handelsblatt) According to many experts, China is economically more unstable than it appears. At the same time, the USA is achieving astounding success with its reindustrialization strategy. In contrast to China, … Read more
2023-07-18 17:40:05 No agreement on EU-Mercosur – Final press conference of the summit canceled – Greenpeace continues to call for the catastrophe pact to be stopped altogether Brussels/Vienna (OTS) – Greenpeace welcomes the initially failed negotiations on the EU-Mercosur agreement at the EU-Latin America summit. Even at this summit meeting, which is presented as crucial … Read more
2023-07-18 18:53:16 EU Commission President Von der Leyen speaks of “existing differences” in the trade pact – Greenpeace continues to call for the disaster pact to be stopped altogether Brussels/Vienna (OTS) – Greenpeace welcomes the fact that the negotiations on the EU-Mercosur agreement at the EU-Latin America summit have failed for the time being. Even … Read more