Latest International Announcements

EP-Council Deal On Rules For A Safe And Transparent Derivatives Market

After long negotiations a compromise deal on new EU legislation to regulate trade in over-the-counter (OTC) derivatives and make the derivatives market safer and more transparent was struck by Parliament and Council representatives on Thursday. Derivatives trading is widely believed to have contributed to the global financial crisis.

The Islamic Development Bank And EIB Join Forces For Cooperation

The Islamic Development Bank and the European Investment Bank today signed a Memorandum of Understanding. On the occasion of a Deauville Partnership meeting in Abu Dhabi, both organizations agreed to join forces for cooperation particularly in the Mediterranean.

India Summit EU27 Trade In Goods With India Increased By 20% In The First Ten Months Of 2011 Trade In Goods Nearly In Balance

EU27 trade in goods with India reached a peak in 2010, after the decrease recorded in 2009 which interrupted a period of growth since 2001. EU27 exports to India fell from 31.3 billion euro in 2008 to 27.4 bn in 2009, then rose to 34.8 bn in 2010. Imports decreased from 29.5 bn in 2008 to 25.4 bn in 2009, then increased to 33.2 bn in 2010. As a result, the EU27 trade surplus with India fell from 2.0 bn euro in 2009 to 1.6 bn in 2010.

Maroš Šefčovič Vice-President Of The European Commission, Speaks On The Role Of National Parliaments In The EU

Thank you for your kind invitation to come to Sofia for this exchange of views with Members of your Assembly.

Coalition cuts could make it impossible for Britain to conduct Libyan Operation, say MPs

With drastic cuts following a debt of £39 billion in the defence ministry, Britain’s parliamentary defence committee has warned that it would be near impossible for the country to launch overseas operations such as the one over Libya last year.

Cabinet Office Calls On IT Community To Engage In Open Standards Consultation

People across the country are being invited to give their views on the definition of open standards for government the Cabinet Office Minister Francis Maude announced today.

Cable Targets Green Growth

The location of a new £50 million centre that will accelerate the commercialisation of green technologies was announced by the Business Secretary Vince Cable today.

EU-India Summit – A Partnership For Prosperity

The European Union and India will hold their 12th annual summit in New Delhi on 10th February 2012. The EU will be represented by European Council President Herman Van Rompuy and by European Commission President José Manuel Barroso. The EU Trade commissioner, Karel De Gucht will also attend the summit. The Republic of India will be represented by Prime Minister Manmohan Singh, Foreign Minister S.M. Krishna, Trade Minister A. Sharma and National Security Adviser, S.S. Menon.

EU Development Cooperation With Burma/Myanmar

The European Commission has been providing development assistance to Myanmar (Burma) since 1996, and to the tune of €174 million. Bilateral relations are framed by the EU Council Decision which imposes sanctions on individuals and entities, import restrictions, and restrict the scope of development cooperation to human rights, democracy, governance, conflict prevention, civil society, health and education, poverty alleviation and environmental protection.

Commissioner Piebalgs To Visit Burma/Myanmar To Pledge New Support For Democratic And Economic Reform

From 12–14 February, European Commissioner for Development, Andris Piebalgs, will visit Burma/Myanmar. In response to the impressive reform agenda which began to take shape there after the new civilian Government took office, he will announce a new €150 million assistance package to support democratic reforms and inclusive development in the country.
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