The Organization of American States (OAS) and the European Union signed an agreement to support the Peace Fund project, Implementation of Confidence Building Measures in the Adjacency Zone between Commonwealth member Belize and Guatemala, managed by the hemispheric organization.
The European Union reached a landmark deal on Thursday to make the European Central Bank the bloc's top banking supervisor, giving EU leaders greater confidence that they are gaining the upper hand over the Euro zone's debt crisis.
Spanish members of the European parliament and Trade Commissioner Karel De Gucht called on Tuesday on the full house to ratify the association agreement of the EU with Central America, and the EU free trade agreement with Colombia and Peru.
The European Union, the US and Japan have jointly asked the World Trade Organization to rule in a protracted trade dispute with Argentina. They criticize what they believe are unfair import restrictions and protectionism.
Argentina has filed complaints with the World Trade Organization against the United States over limits on beef and lemon shipments, and against the European Union and Spain for curbs on bio-diesel, Foreign Minister Hector Timerman announced.
London Mayor Boris Johnson heaped pressure on Prime Minister David Cameron this week by calling for a referendum on a deeply pared back British membership of the European Union.
The UK is pursuing actions through the European Union, the World Trade Organization and the International Maritime Organization following the latest intimidation incidents from Argentina against the Falkland Islands and which also involve interfering with the free passage of shipping and free trade.
Following a six-year battle Chinese shoemaker giant Aokang Group Co Ltd won a lawsuit against the European Union's anti-dumping duties. The shoemaking has encouraged other Chinese manufacturers to challenge similar “unfair policies”.
European Union looks set for a new round of clashes this week as an extraordinary summit called to agree a long-term trillion-Euro budget heads for an ugly showdown, possibly even failure.
China is projected to overtake the US to become the world's largest economy as early as 2016, according to a report by the Organization for Economic Co-operation and Development (OECD) released on Friday.