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World 25 Dec 2020 | 5:19 AM

Spotlight: EU nations welcome trade deal with UK, pledging scrutiny before approval

BRUSSELS, Dec. 24 (Xinhua) -- Seven days before the Brexit transition period ends on Dec. 31, the European Union (EU) and the United Kingdom (UK) on Thursday afternoon announced the reaching of an agreement that will govern the EU-UK trade and security relationship starting from Jan. 1, 2021.

World 25 Dec 2020 | 1:38 AM

Spotlight: UK businesses feel relief for averting no-deal Brexit, expecting more details

LONDON, Dec. 24 (Xinhua) -- British businesses on Thursday felt relief for avoiding the no-deal outcome after Britain and the European Union (EU) reached their post-Brexit trade agreement in the last-minute negotiations, expecting more details to be rolled out soon.

World 04 Nov 2020 | 6:53 AM

Eurozone finance ministers confident of EU long term budget discussion

BRUSSELS, Nov. 3 (Xinhua) -- Eurozone finance ministers are confident that an agreement will be reached between the Council of the European Union (EU) and the European Parliament on the next seven-year EU budget soon, European Economy Commissioner Paolo Gentiloni said on Tuesday.

World 28 Oct 2020 | 5:18 AM

European trade MEPs back GIs agreement with China

BRUSSELS, Oct. 27 (Xinhua) -- An agreement between the European Union (EU) and China to protect the signature agri-food products won its first approval in the European Parliament on Tuesday, as the Committee on International Trade of the parliament voted for it with 38 in favor, one against and three abstentions.