Trade blocs

Pressure on hardline Hague to reach Covid-19 rescue package, Italy warns of possible breakup

European Union governments piled pressure on the Netherlands on Thursday to unblock half-a-trillion euros of economic support to fight the coronavirus ahead of a meeting of finance ministers, with Italy saying the very future of the EU was at stake.

Trump Has Signed a Trade Pact with Canada and Mexico

He promises a "glorious future" for the US industry.

President Donald Trump has signed a new North American trade pact with Canada and Mexico, promising a "glorious future" for US industry.

The treaty, drafted during the years of negotiations between the three countries, replaces the 1994 North American Free Trade Agreement or NAFTA.

Trade and Tensions between US and China - Main Topics of ASEAN Leader Meetings

Southeast Asian countries must be united in the face of a trade war launched by US President Donald Trump, Malaysian Prime Minister Mahathir Mohamad said today at a high-level regional business forum, Reuters reported.

The meeting, not far from the Thai capital, is a co-event at the Southeast Asian Nations Association (ASEAN) summit, against the backdrop of tense US-China relations.

Serbia Signs Trade Deal With Russia’s Eurasian Union

Serbian Prime Minister Ana Brnabic on Friday signed a free trade deal with the Russian-led Eurasian Economic Union, EAEU, in Moscow, after the EU warned that it will closely monitor such relations, as Serbia is a candidate for joining the European Union.

Beside Brnabic, the deal was signed by the Prime Ministers of Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia.

EU fails to agree on talks with Albania, North Macedonia

European Union ministers failed on Tuesday to reach a consensus on whether to open membership talks with Albania and North Macedonia, amid stiff opposition to the move from France.
"It was not a moment of glory for Europe," Enlargement Commissioner Johannes Hahn told reporters in Luxembourg after taking part in a meeting of European affairs ministers.

Donald Trump to Sign Two Trade Agreements with Japan

US President Donald Trump will sign two trade agreements with Japan later on Monday, according to an official White House announcement.

Trump is scheduled to sign the pacts - a US-Japan trade agreement and a US-Japan digital trade agreement at 3:30 pm local time (10:30 pm Bulgarian time), the White House said.

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