Chinese President Hu Jintao came under pressure from fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit.
The European Union and Mercosur currently holding a round of association and trade talks will be exchanging proposals for market access of their list of products in the coming two months, according to the EU Trade Commissioner Karel De Gucht.
Beginning June, Mercosur full members will share macro-economic indicators elaborated with the same criteria and which will be released simultaneously, according to reports in the Montevideo press. The initiative was partly financed by the European Union that also played an advisory role.
The Eurogroup for Animals called on the European Union to demand from Mercosur farmers associations and governments the same ‘animal well-being’ requisites and regulations which their European counterparts must comply with.
The Right Honourable David Lidington MP, the UK Minister of State for Europe, paid a short overnight familiarisation visit to Gibraltar, arriving Tuesday and leaving Wednesday lunchtime
The tail section of an Air France plane which crashed over the Atlantic in 2009 has been found on the ocean floor, relatives of those killed have said. Investigators had told them the section was “relatively intact”, they added.
Turkey has slammed an Argentine judge's ruling that it committed genocide against Armenians around the time of World War I. The Turkish Foreign Affairs Ministry said the ruling was an example of how legal systems are abused by extreme nationalists belonging to the Armenian Diaspora.
UK Defence chiefs cast doubt over the safety of Chinook helicopters two years before 29 people were killed in the crash off the coast of Scotland. A previous incident in the Falkland Islands dating back to 1987 with the loss of another Chinook was also included in the investigation.
China and Brazil on Tuesday clinched a host of government agreements and economic deals in Beijing to enhance their strategic partnership as Brazilian President Dilma Rousseff paid her first state visit to China.
The outlook for government debts and deficits in 2011 is a mixed bag, with most advanced economies reining in fiscal deficits, but not fast enough to keep their debt from rising. Fiscal balances are improving in most emerging economies, and some could do more as they experience a windfall from high commodity prices and strong capital flows.