World leaders react to London ‘terror’ attack

A police officer gestures outside Parliament during the aftermath of the attack on Westminster Bridge in London, Britain March 22, 2017. (Reuters)
Updated 23 March 2017
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World leaders react to London ‘terror’ attack

DUBAI: World leaders have reacted to Wednesday’s attack in London, which left five dead, including the attacker, and saw at least 40 injured in the political heart of the city.
“We’ve declared this as a terrorist incident and the counter-terrorism command are carrying out a full-scale investigation into the events today,” Mark Rowley, Britain’s most senior counter-terrorism officer, told reporters mere hours after the event.
Messages of support have poured in from around the globe, with many leaders taking to Twitter in the aftermath of the attack.
Germany
German Prime Minister Angela Merkel promised support to the UK.
“Although the background to these incidents still needs to be exactly clarified, I confirm on behalf of Germany and its citizens that we stand firmly and resolutely by Britain’s side when it comes to fighting any kind of terrorism,” Merkel said in an e-mailed statement.
France
France’s President Francois Hollande expressed “solidarity” with the British people, saying “terrorism concerns us all and France knows how the British people are suffering today.”
The mayor of Paris also decided to turn the lights of at the iconic Eiffel Tower in a show of support for Britain.

Mayor Anne Hidalgo said: “Paris and London have close links of friendship, which have never ceased to grow over the last few decades.”
The United States
For his part, US President Donald Trump tweeted that he spoke with British Prime Minister Theresa May to offer his condolences and added, in a separate tweet, that she was “strong and doing very well.”

 

The European Council
Meanwhile, President of the European Council Donald Tusk said: “My thoughts are with the victims of the Westminster attack. Europe stands firm with the UK against terror and ready to help.”

Russia
Russia’s foreign ministry expressed condolences.
“Our hearts are with the British, we share their pain,” Maria Zakharova, a Russian foreign ministry spokeswoman, said in an interview with Russian state TV.
“We are calling on Russian citizens who are currently in Britain and on the grounds of our embassy in London to show vigilance and follow the official reports that will be published,” she said.
Australia
Australian Prime Minister Malcolm Turnbull said: “Australia stands in resolute solidarity with the people of Britain in war against terrorism. Our heartfelt sympathies are with the victims.”

China
Chinese Prime Minister Li Keqiang made a statement during a meeting in Canberra, Australia.
“Together, we send our condolences to the prime minister of the UK and together we condemn terrorism and we stand against all forms of terrorism.”

 


EU leaders begin India visit ahead of ‘mother of all deals’ trade pact

Updated 3 sec ago
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EU leaders begin India visit ahead of ‘mother of all deals’ trade pact

  • Antonio Luis Santos da Costa, Ursula von der Leyen are chief guests at Republic Day function
  • Access to EU market will help mitigate India’s loss of access to US following Trump’s tariffs

New Delhi: Europe’s top leaders have arrived in New Delhi to participate in Republic Day celebrations on Monday, ahead of a key EU-India Summit and the conclusion of a long-sought free trade agreement.

European Council President Antonio Luis Santos da Costa and European Commission President Ursula von der Leyen arrived in India over the weekend, invited as chief guests of the 77th Republic Day parade.

They will hold talks on Tuesday with Prime Minister Narendra Modi at the EU-India Summit, where they are expected to announce a comprehensive trade agreement after years of stalled negotiations.

Von der Leyen called it the “mother of all deals” at the World Economic Forum in Davos last week — a reference made earlier by India’s Commerce Minister Piyush Goyal — as it will create a market of 2 billion people.

“The India-EU FTA has been a long time coming as negotiations have been going on between the two for more than a decade. Some of the red lines that prevented the signing of the FTA continue to this date, but it seems that the trade negotiations have found a way around it,” said Anupam Manur, professor of economics at the Takshashila Institution.

“The main contentious issue remains the Indian government’s desire to protect the farmers and dairy producers from competition and the European Union’s strict climate-based rules and taxation. Despite this, both see enormous value in the trade deal.”

India already has free trade agreements with more than a dozen countries, including Australia, the UAE, and Japan.

The pact with the EU would be its third in less than a year, after it signed a multibillion CEPA (comprehensive economic partnership agreement) with the UK in July and another with Oman in December. A week after the Oman deal, New Delhi also concluded negotiations on a free trade agreement with New Zealand, as it races to secure strategic and trade ties with the rest of the world, after US President Donald Trump slapped it with 50 percent tariffs.

The EU is also facing tariff uncertainty. Earlier this month Trump threatened to impose new tariffs on several EU countries unless they supported his efforts to take over Greenland, which is an autonomous region of Denmark.

“The expediting factor in the trade deal is the unilateral and economically irrational trade decisions taken by their biggest trading partner, the United States,” Manur told Arab News.

Being subject to the highest tariff rates, India has been required to sign FTAs with other major economies. Access to the EU market would help mitigate the loss of access to the US.

The EU is India’s largest trading partner in goods, accounting for about $136 billion in the financial year 2024-25.

Before the tariffs, India enjoyed a $45 billion trade surplus with the US, exporting nearly $80 billion. To the EU’s 27 member states, it exports about $75 billion.

“This can be sizably increased after the FTA,” Manur said. “Purely in value terms, this would be the biggest FTA for India, surpassing the successful FTAs with the UK, Australia, Oman and the UAE.”