Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Truecaller Ads Launches ‘Truecaller Pulse’; An Industry First Declared Intent Media Solution

    August 6, 2026

    China’s Export Control Measures Impact Drone Sector Amid US Response

    August 6, 2026

    Immune Mediated Disease Therapeutics Developer Attovia Therapeutics Debuts on Nasdaq

    August 6, 2026
    Facebook X (Twitter) Instagram
    Lusail Media: Qatar’s business, news and momentum.Lusail Media: Qatar’s business, news and momentum.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Lusail Media: Qatar’s business, news and momentum.Lusail Media: Qatar’s business, news and momentum.
    Home » UN chief Guterres hails India EU trade deal, backs multipolarity
    Business

    UN chief Guterres hails India EU trade deal, backs multipolarity

    January 31, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    MENA Newswire, NEW YORK: United Nations Secretary-General António Guterres cited the newly concluded European Union trade agreement with India as he underscored the need to support a multipolar global order grounded in multilateral cooperation, according to remarks delivered at his annual press conference outlining priorities for 2026.

    UN chief Guterres hails India EU trade deal, backs multipolarity
    UN chief Guterres cites India EU trade deal while urging support for multipolarity.

    Guterres said the world’s most pressing challenges cannot be addressed through dominance by a single power or by competing blocs. “Global problems will not be solved by one power calling the shots. Nor will they be solved by two powers carving the world into rival spheres of influence,” he said, adding that broader cooperation among multiple centers of influence is essential to global stability.

    He described the India–EU agreement as an example of countries building interconnected economic relationships that expand cooperation across regions. Guterres said he had “a lot of positive expectations” from the pact, placing it alongside other recent European trade initiatives as illustrations of how diversified partnerships can reinforce international cooperation.

    Multilateral institutions and networked partnerships

    The secretary-general said multilateral institutions must adapt to reflect current global realities, stressing that a multipolar world requires strong, inclusive frameworks to manage economic and political interdependence. He linked the concept of multipolarity directly to the principles of the United Nations Charter, emphasizing peace, shared development, and cooperation among states.

    The India–EU trade agreement was announced on January 27, 2026, following negotiations that began in 2007, were suspended in 2013, and formally resumed in 2022. Officials on both sides have described the accord as one of the most extensive trade deals ever concluded between the two partners, covering a combined population of nearly two billion people.

    European officials have said the agreement provides for significant tariff reductions across a wide range of goods and services, including industrial products, pharmaceuticals, machinery, and automobiles. The pact is also designed to enhance regulatory cooperation and facilitate greater access for businesses operating across both markets.

    Trade pact cited amid broader UN reform push

    In India, the agreement has been presented by government officials as a major step in expanding access to European markets, while also drawing criticism from some domestic groups concerned about competitive pressures in sensitive sectors. Those concerns have centered on agriculture, manufacturing, and labor protections.

    Guterres referenced the trade agreement as part of a broader argument for strengthening global cooperation at a time of geopolitical fragmentation. He said international partnerships in trade, technology, and development can help foster balance among nations while reinforcing the rules-based international system.

    He did not advocate specific policy measures tied to the agreement, but reiterated that multipolarity should be inclusive and rooted in shared norms. Guterres said expanding networks of cooperation, rather than concentration of power, remains central to the United Nations’ vision for addressing global challenges through collective action.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Eurozone Manufacturing Sector Experiences 52-Month Peak Amidst Sluggish Demand Growth

    August 5, 2026

    European Technology Sector Anticipates Growth with €5 Billion Scaleup Fund Launch

    August 5, 2026

    OECD Inflation Rate Shows Signs of Cooling Amid Market Stabilization

    August 5, 2026
    Latest News

    China’s Export Control Measures Impact Drone Sector Amid US Response

    News August 6, 2026

    China’s new drone export controls add stricter reviews for shipments to the United States. Instead of streamlined licensing, exporters are now required to obtain approval for each shipment of controlled items. The authorities will assess the end users, intended applications, and product details under existing export control guidelines. The scope includes unmanned aerial vehicles, crucial parts, and technologies meeting China’s thresholds for controlled items. China currently regulates certain drone engines, sensors, communications devices, and anti-drone systems, and it also prohibits civilian drones from being exported for military use. The recent measures intensify scrutiny specifically for controlled products destined for the United States. Furthermore, Beijing has prohibited Chinese organizations and individuals from engaging in transactions or collaborations with six U.S. entities. The list features Applied DNA Sciences, Stratum Reservoir, Altana Technologies, the Responsible Business Alliance, Verité Group, and Human Rights in China. Chinese officials accused these organizations of supporting U.S. restrictions related to alleged forced labor in Xinjiang. In addition, a separate order has banned Compliance Testing LLC from business dealings. China stated that the Arizona-based testing firm had supported Federal Communications Commission actions affecting Chinese technology companies.

    Eurozone Manufacturing Sector Experiences 52-Month Peak Amidst Sluggish Demand Growth

    August 5, 2026

    European Technology Sector Anticipates Growth with €5 Billion Scaleup Fund Launch

    August 5, 2026

    Global Trade and Technology Sector Highlights AI Inclusion at WTO Event

    August 5, 2026

    OECD Inflation Rate Shows Signs of Cooling Amid Market Stabilization

    August 5, 2026

    Volcano Eruption Sparks Market Alert in Guatemala as Fuego Activates

    August 5, 2026

    Biotech Sector Advances with Moderna and Oxford Initiatives in Ebola Vaccine Development Amid Ongoing Outbreaks

    August 5, 2026
    © 2026 Lusail Media | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.