Tag: eu india trade deal

Bessent says disappointed by EU-India deal; South Korea must ratify trade deal

January 29, 2026 admin

Treasury Secretary Scott Bessent speaks during an event at Carnegie Mellon Auditorium on Wednesday. | Photo Credit: AP U.S. ‍Treasury Secretary Scott Bessent said on Wednesday (January 28, 2026) he was disappointed by Europe’s decision to strike a major trade agreement with India, saying it showed Europe put trade ‌ahead of the interests of the…

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Europe financing ‘war’ against itself by buying Russian oil products from India: Bessent

January 26, 2026 admin

U.S. Treasury Secretary Scott Bessent. File. | Photo Credit: Reuters The US imposed 25%tariffs on India for buying Russian oil, but the Europeans signed a trade deal with New Delhi, Treasury Secretary Scott Bessent said as he emphasised that Europe is financing the “war” against itself by purchasing refined Russian oil products from India. U.S….

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EU suspends GSP export benefits; to impact India’s shipments

January 22, 2026 admin

The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from January 1, a move that will impact the country’s shipment to the 27-nation bloc. The development is important as the two sides are likely to announce the closure of…

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