Tag

Strategic Significance

All articles tagged with #strategic significance

European Farmers Protest EU-Mercosur Trade Deal Amid Competition Fears

Originally Published 1 year ago — by Euronews

Featured image for European Farmers Protest EU-Mercosur Trade Deal Amid Competition Fears
Source: Euronews

The EU-Mercosur free trade agreement, nearing finalization after 25 years of negotiations, presents both opportunities and challenges for European member states. While the deal could strategically diversify EU trade away from China and the US, it raises concerns about competition in the agricultural sector, particularly from South American beef and poultry imports. Germany and Spain stand to benefit from reduced tariffs on industrial goods, while France and Italy express opposition due to potential impacts on local farmers and environmental concerns. The agreement's future hinges on balancing economic benefits with agricultural and environmental standards.

"North Korea Conducts Submarine-Launched Cruise Missile Test, KCNA Reports"

Originally Published 1 year ago — by New York Post

Featured image for "North Korea Conducts Submarine-Launched Cruise Missile Test, KCNA Reports"
Source: New York Post

North Korea conducted a second test of its newly developed submarine-launched cruise missile (SLCM) called "Pulhwasal-3-31," with leader Kim Jong Un supervising the launch, indicating an acceleration in the country's navy's nuclear armament. The missiles flew for over two hours and hit an unspecified island target, with state media reporting the test as a strategic success. This test follows a previous one last week, and comes amidst a series of weapon tests by North Korea, including ballistic missile systems and an underwater drone, as well as the construction of a nuclear submarine.