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وكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
12 Hrsوكالة الأنباء القطرية
Source: وكالة الأنباء القطرية
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Qatar National Bank said the European Union is expanding its trade agreements to diversify its partners and markets, support growth, and secure critical raw materials, amid declining confidence in its trade relationships with the United States and China. The new agreements cover Mercosur, Mexico, Indonesia, India, and Australia, and are expected to increase the share of European trade covered by free trade agreements to 53.3%, up from 46.3% at the end of 2025. The EU’s trade-in-goods deficit with China stood at €359.8 billion in 2025. The agreement with India will reduce tariffs on European goods, including cars, gradually lowering them from 110% to 10%, and aims to double EU exports to India by 2032. The report concluded that diversifying partnerships and sources of supply will strengthen Europe’s ability to withstand shocks, though it will not end its dependence on China for critical materials.
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