Topic
eu
Trade India Gains EU Approval to Export Aquaculture Products, Eggs, and Honey Beyond September 2026
The European Union has amended Regulation (EU) 2021/405 to address antimicrobial resistance, effective September 2026. India's inclusion in the authorised countries list ensures continuous export of aquaculture products, eggs, and honey to the EU. Fish and fishery exports from India to the EU are valued at about USD 1.59 billion.
Technology Apple Indefinitely Delays Siri AI in EU Over Digital Markets Act Conflict
Apple announced it will indefinitely delay Siri AI on iPhones and iPads in the European Union, citing irreconcilable conflicts with the Digital Markets Act. The company also confirmed the features will not launch in China. EU users can still access the overhauled Siri on macOS, visionOS, and watchOS.
Technology EU Directs Meta to Allow Rival AI Chatbots on WhatsApp
The European Union has mandated Meta to allow rival AI chatbots access to WhatsApp, reversing a previous ban. This interim measure comes amid an ongoing antitrust investigation into Meta's practices.
Trade EU Unveils Strategy to Reduce US and Chinese Tech Dependence
The European Commission has introduced a Tech Sovereignty Package to decrease reliance on US and Chinese technology. This includes the EU Chips Act 2.0, Cloud and AI Development Act, and Open Source Software Strategy. CISPE expresses concerns over potential loopholes.
Trade India Expands to 1,821 New Markets in FY26 Amid Agri Export Challenges
In FY26, India expanded its agricultural exports to 1,821 new markets, generating $202 million in additional exports. Despite a 2.8% rise in agri exports to $52.55 billion, supply chain inefficiencies remain a significant hurdle.
Trade EU Faces Setback in India Over GI Tags for Wines, Spirits
The EU's bid for exclusive marketing rights for its wines, spirits, and cheese in India faces hurdles due to geopolitical tensions involving Jammu and Kashmir. This development could impact the EU's ₹9,000 crore market in India.
Trade EU Considers Freeze on Russia Oil Price Cap Amid Iran Conflict
The European Union is contemplating a temporary freeze on its price cap for Russian oil due to the ongoing conflict in Iran. The current cap is set at $44.10 per barrel, with a review scheduled for July.