Talks Between India, EU Over Steel Import Safeguard Duties Fail
India now has the option to propose imposition of retaliatory customs duties under the WTO norms on certain value of goods imported from the EU. The Ministry of Commerce & Industry and the Ministry of Steel are deliberating on the quantum of impact Jul 1, 2024 India and the European Union (EU) have failed to […]
EU, US Unable to Secure Agreement for a Global Arrangement on Sustainable Steel and Aluminum (GASSA); Extends Deadline to Year-End
Negotiations for the GASSA initiative between the US and the EU have been extended from Oct 31 till the end of the year. The initiative is aimed at developing common rules for trade in the steel and aluminum sectors. Oct 21, 2023 The United States and the European Union have been unable to reach an […]
EU Contemplates to Ban Russian Gas Imports
EU might ban gas imports from Russia by the end of 2023. Russia earns USD 15-25 billion annually from its gas exports. Its currently active exports to Europe are primarily undertaken through transit routes via Ukraine and TurkStream. Jun 15, 2023 The European Union (EU) might ban imports from Russia’s gas pipeline by the end […]
