European Commission President Ursula von der Leyen

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European Commission President Ursula von der Leyen

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Business

AFP
Jun 17, 2025

EU lays out plan to end Russian gas imports

The EU Commission indicates it will seek to prohibit Russian gas imports under new contracts as of January 1, 2026 and imports under existing short-term contracts by June 17 next year

Business

Web Desk Karachi
May 27, 2025

EU, China prepare for high-level trade talks amid rising tariff tensions

Chinese Commerce Minister Wang Wentao and the European Commissioner for Trade and Economic Security Maros Sefcovic are set to meet on the side-lines of a WTO ministerial meeting in Paris in early June.

Business

Web Desk Karachi
May 26, 2025

Trump holds off on 50pc tariff on EU goods, extends pause to July 9

The EU had been slated for a 20 percent tariff under those reciprocal rates announced in April, and a temporary pause took the rate down to 10 percent through July 9.