LONDON: The UK and France will declare that the two nations’ nuclear deterrents, while independent, can be co-ordinated and that they will jointly respond to any “extreme threat to Europe,” both countries said Wednesday.
The declaration, to be signed Thursday, will state that the respective deterrents of both countries remain under national control “but can be co-ordinated, and that there is no extreme threat to Europe that would not prompt a response by both nations,” the UK’s Ministry of Defense (MoD) and the French presidency said in an overnight statement.
French President Emmanuel Macron will sign the agreement Thursday as he wraps up his three-day state visit to the UK with a bilateral summit, where the allies will “reboot” defense ties with a focus on joint missile development and nuclear co-operation.
France’s leader and UK Prime Minister Keir Starmer will co-host the London summit, with the two sides also expected to discuss maintaining support for Ukraine and curbing undocumented cross-Channel immigration.
Ahead of the gathering, which follows two days of varied events spanning pomp and politics, trade and culture, France and Britain announced their “defense relationship” will be “refreshed.”
It will see London and Paris order more Storm Shadow cruise missiles — long-range, air-launched weapons jointly developed by the two countries and called SCALP by the French — while stepping up work on a replacement system.
The missiles have been shipped to Ukraine in significant numbers in recent years to help Kyiv in its war with Russia.
The new partnerships herald a new “Entente Industrielle” making “defense an engine for growth,” said the MoD.
“As close partners and NATO allies, the UK and France have a deep history of defense collaboration and today’s agreements take our partnership to the next level,” Starmer said in the statement.
Starmer and Macron will also on Thursday dial into a meeting of the so-called “coalition of the willing” on Ukraine, a group of countries backing the embattled nation.
UK, France to enable ‘co-ordinated’ nuclear deterrent
https://arab.news/jn5kx
UK, France to enable ‘co-ordinated’ nuclear deterrent
- Western Europe's two nuclear powers agree to “refresh” their defense ties
- Vow to jointly respond to any “extreme threat to Europe”
India accelerates free trade agreements against backdrop of US tariffs
- India signed a CEPA with Oman on Thursday and a CETA with the UK in July
- Delhi is also in advanced talks for trade pacts with the EU, New Zealand, Chile
NEW DELHI: India has accelerated discussions to finalize free trade agreements with several nations, as New Delhi seeks to offset the impact of steep US import tariffs and widen export destinations amid uncertainties in global trade.
India signed a Comprehensive Economic Partnership Agreement with Oman on Thursday, which allows India to export most of its goods without paying tariffs, covering 98 percent of the total value of India’s exports to the Gulf nation.
The deal comes less than five months after a multibillion-dollar trade agreement with the UK, which cut tariffs on goods from cars to alcohol, and as Indian trade negotiators are in advanced talks with New Zealand, the EU and Chile for similar partnerships.
They are part of India’s “ongoing efforts to expand its trade network and liberalize its trade,” said Anupam Manur, professor of economics at the Takshashila Institution.
“The renewed efforts to sign bilateral FTAs are partly an after-effect of New Delhi realizing the importance of diversifying trade partners, especially after India’s biggest export market, the US, levied tariff rates of up to 50 percent on India.”
Indian exporters have been hit hard by the hefty tariffs that went into effect in August.
Months of negotiations with Washington have not clarified when a trade deal to bring down the tariffs would be signed, while the levies have weighed on sectors such as textiles, auto components, metals and labor-intensive manufacturing.
The FTAs with other nations will “help partially in mitigating the effects of US tariffs,” Manur said.
In particular, Oman can “act as a gateway to other Gulf countries and even parts of Eastern Europe, Central Asia, and Africa,” and the free trade deal will most likely benefit “labor-intensive sectors in India,” he added.
The chances of concluding a deal with Washington “will prove to be difficult,” said Arun Kumar, a retired economics professor at the Jawaharlal Nehru University.
“With the US, the chances of coming to (an agreement) are a bit difficult, because they want to get our agriculture market open, which we cannot do. They want us to reduce trade with Russia. That’s also difficult for India to do,” he told Arab News.
US President Donald Trump has threatened sanctions over India’s historic ties with Moscow and its imports of Russian oil, which Washington says help fund Moscow’s ongoing war with Ukraine.
“President Trump is constantly creating new problems, like with H-1B visa and so on now. So some difficulty or the other is expected. That’s why India is trying to build relationships with other nations,” Kumar said, referring to increased vetting and delays under the Trump administration for foreign workers, who include a large number of Indian nationals.
“Substituting for the US market is going to be tough. So certainly, I think India should do what it can do in terms of promoting trade with other countries.”
India has free trade agreements with more than 10 countries, including comprehensive economic partnership agreements with South Korea, Japan, and the UAE.
It is in talks with the EU to conclude an FTA, amid new negotiations launched this year for trade agreements, including with New Zealand and Chile.
India’s approach to trade partnerships has been “totally transformed,” Commerce and Industry Minister Piyush Goyal said in a press briefing following the signing of the CEPA with Oman, which Indian officials aim to enter into force in three months.
“Now we don’t do FTAs with other developing nations; our focus is on the developed world, with whom we don’t compete,” he said. “We complement and therefore open up huge opportunities for our industry, for our manufactured goods, for our services.”
