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India, European Union to re-launch trade talks at virtual summit today


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Highlights
European Union and India will agree to revive stalled free-trade negotiations at a virtual summit on May 8.
They will also seek closer cooperation to combat climate change, as concerns about China bring Brussels and New Delhi closer.
BRUSSELS: The European Union and India will agree to revive stalled free-trade negotiations at a virtual summit on Saturday (May 8, 2021) while also seeking closer cooperation to combat climate change, as concerns about China bring Brussels and New Delhi closer.
Past EU-India summits have involved only the Indian prime minister and the EU`s chief executive and its chairman, both of whom will be listening in for the two-hour summit. ....

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EU, India to re-launch trade talks at virtual summit


EU, India to re-launch trade talks at virtual summit
by
Reuters
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Trade deal talks, stalled in 2013, to be resumed
Concerns about Chinese competition bind ties
By Robin Emmott
BRUSSELS, May 8 (Reuters) - The European Union and India will agree to revive stalled free-trade negotiations at a virtual summit on Saturday while also seeking closer cooperation to combat climate change, as concerns about China bring Brussels and New Delhi closer.
Partly overshadowed by the COVID-19 crisis in India, the summit will gather Indian Prime Minister Narendra Modi and all of the bloc s 27 leaders for the first time, a sign of the EU s renewed interest in the Indo-Pacific region. ....

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India, EU to build joint infrastructure projects in Asia, Africa


US job growth far below expectations
Nonfarm payrolls increased by only 266,000 jobs last month after rising by 770,000 in March, says Labor Department
Updated 08 May 2021
May 08, 2021 02:47
WASHINGTON: US employers hired far fewer workers than expected in April, likely frustrated by labor shortages, leaving them scrambling to met booming demand as the economy reopens amid rapidly improving public health and massive financial help from the government.
Nonfarm payrolls increased by only 266,000 jobs last month after rising by 770,000 in March, the Labor Department said in its closely watched employment report on Friday.
Economists polled by Reuters had forecast payrolls advancing by 978,000 jobs.
The jobs report, the first since the White House’s $1.9 trillion COVID-19 pandemic rescue package was approved in March, will probably do little to change expectations that the economy entered the second quarter with strong momentum and was on track for its ....

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EU, India to re-launch trade talks at virtual summit | Money


Saturday, 08 May 2021 11:14 AM MYT
Past EU-India summits have involved only the Indian prime minister and the EU’s chief executive and its chairman, both of whom will be listening in for the two-hour summit. Reuters pic
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BRUSSELS, May 8 The European Union and India will agree to revive stalled free-trade negotiations at a virtual summit today while also seeking closer cooperation to combat climate change, as concerns about China bring Brussels and New Delhi closer.
Partly overshadowed by the Covid-19 crisis in India, the summit will gather Indian Prime Minister Narendra Modi and all of the bloc’s 27 leaders for the first time, a sign of the EU’s renewed interest in the Indo-Pacific region. ....

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Amid "resign Modi" calls, the EU-India summit is still on


Amid resign Modi calls, the EU-India summit is still on
Quartz
1 day ago
© Provided by Quartz
Modi and EU leaders are seen on a video screen
The leaders of the European Union are meeting in person for the first time this year at a summit in Porto, Portugal, on May 7 and 8. On the second day, they’ll be joined (virtually) by a special guest: Narendra Modi, India’s prime minister.
You might be wondering what Modi is doing there and how he has the time. Conservative estimates show that more than 400,000 people are testing positive for Covid-19 in India every day, the largest single contribution to global infections in the world. ICUs are out of beds, oxygen tanks are rarer than oxygen scams, and rickshaws are being converted into ambulances. For Modi, who has been accused of fueling this humanitarian crisis by encouraging people to gather in large groups, the optics of showing up, even virtually, for a far-away summit, are especially tricky. ....

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