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Britain’s May gets 9 billion pounds in China deals, Xi promises to build on ‘golden era’

in ASIA/ECONOMY/POLITICS by

British Prime Minister Theresa May left China today with deals worth more than 9.3 billion pounds ($13.26 billion), at the end of a three-day trade mission where President Xi Jinping pledged to upgrade their “golden era” in relations. Britain, which is trying to reinvent itself as a global trading nation after Brexit, put China first on the list of countries that Britain wants to sign a free trade agreement with. China, for its part, sees Britain as an important ally in its call for more open global markets. Chinese investment is helping Britain develop infrastructure and create jobs, with some 50,000 British businesses importing goods from China and more than 10,000 sell their goods to China.

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President Ivanov says that Despite Brexit UK keeps on supporting Macedonia

in EUROPE/PRESS RELEASE/REGIONS by

Despite Brexit, the United Kingdom will continue to support Macedonia, it was conveyed to Macedonian President Gjorge Ivanov in his meetings in London with the Speaker of the House of Commons, John Bercow, and the Speaker of the House of Lords, Lord Fowler.President Ivanov said the meetings mainly focused on Brexit, a burning issue in the UK, his cabinet said in a press release Wednesday. Overall bilateral relations between the countries dominated the meetings. Next year marks the 25th anniversary of the establishment of diplomatic ties between the Republic of Macedonia and the United Kingdom.Meeting with the speakers of the House of Commons and the House of Lords, the Macedonian President shared views about current developments in the region, including the migrant crisis and Macedonia’s role in addressing it.Later in the day, Ivanov will deliver an address on topic “Macedonia, Migration and Security: Lessons Learned” in the Chatham House, the Royal Institute of International Affairs.

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Theresa May’s Brexit plans in ruins after France and Germany ‘reject transitional arrangement’

in EUROPE/PRESS RELEASE/REGIONS by

France and Germany will oppose, according to the Financial Times, the proposal of T. May for a transitional agreement, putting their vetoes on the issue. This will happen at least until the issue of “divorce law” will be resolved. The position of the two countries towards Brexit is therefore very tough and few concessions at Great Britain will be made in this regard.

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Brexit consequences raise doubts over future defense industrial collaboration

in EUROPE/Senza categoria by

According to a report from Ares, a network of European think tanks, brexit could put pressure on missile-maker MBDA. British companies will no longer benefit from Community credits outside the EU, and this could have a negative effect on the company’s integration process. This issue is particularly acute with regards to MBDA because this European consortium of missile maker is going to have problem with his Britain unit, which since 2006 have seen highly cooperations between France and Britain. The report underline this strong cross-English Channel in MBDA, pointing out that London and Paris ratified the One Complex Weapons strategy in 2016 even after the U.K. referendum returned a vote in favore of leaving the EU. This project is a convincing model of industrial consolidation in the field of European armament, and so it’s no one’s interest to rule out future cooperation. The U.K. also pursues bilateral cooperations with other EU states, including Germany, Italy and Sweden, the report said, and so those companies that have many activities based in Britain will encounter similar problem. “We are leaving the EU but we are not turning our backs on Europe” said British Prime Minister Theresa May, the report noted, and this gives hope for future collaborations in this field.

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