The Association of European Automobile Manufacturers (ACEA) has published its official position on the European Union’s proposed Industrial Accelerator Act (IAA), backing the Made in Europe concept while firmly opposing any implementation that would penalize production chains already established outside the Union, particularly in Morocco and Turkey. The statement marks the first time the association […]
The Egyptian government Wednesday approved temporarily a draft decree exempting travelers who bring gold from customs duties and other fees except value-added tax (VAT), reports say. The draft is applicable to semi-manufactured gold, gold prepared for currency-trade, and jewelry parts made or coated with a layer of precious metals. It is however unclear how much […]
EU officials are looking to Algeria as a partner that can help Europe reduce dependency on Russian gas and better manage migration flows in the southern Mediterranean, but uncertainties at the helm of the Algerian regime represent a major obstacle, Politico writes in an article citing several EU officials well versed in Algerian affairs. The […]
