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IndiaEFTA Trade Agreement Marks a Milestone in Economic Cooperation

By September 2025, the free trade agreement FTA between India and the European Free Trade Association EFTA, which includes Switzerland, Norway, Icelan

By September 2025, the free trade agreement FTA between India and the European Free Trade Association EFTA, which includes Switzerland, Norway, Iceland, and Liechtenstein, will be in effect. The Trade and Economic Partnership Agreement TEPA, which was signed in March 2024, guarantees a $100 billion investment commitment over 15 years, and India would lower tariffs to zero on 80–85% of goods from EFTA countries. EFTA nations will reciprocate by allowing dutyfree access to 99 per cent of Indian exports, including rice. All four EFTA members have approved the accord through their parliaments, and Switzerland has until July 10 to voice any objections. Read More..

B2B Tech News | 1 months ago        

South Korea’s Lee and China’s Xi Discuss Bilateral Cooperation in First Call

On June 10, South Korean President Lee Jaemyung spoke with Chinese President Xi Jinping over the phone for the first time on free trade, regional stab

On June 10, South Korean President Lee Jaemyung spoke with Chinese President Xi Jinping over the phone for the first time on free trade, regional stability, and bilateral cooperation. To keep relations "on the right track," Xi underlined the importance of respecting one anothers fundamental interests. In order to improve Chinas strategic alliance with Seoul, he urged South Korea to fortify exchanges and protect international supply networks. Lee, who assumed office on June 4, has already communicated with Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump, indicating a change in South Koreas foreign policy strategy. Read More..

B2B Tech News | 1 months ago        

Amazon Commits $20 Billion to Pennsylvania Cloud Expansion, Largest in State History

To develop its cloud infrastructure in Pennsylvania, Amazon has announced a $20 billion commitment, the biggest private sector investment in Pennsylva

To develop its cloud infrastructure in Pennsylvania, Amazon has announced a $20 billion commitment, the biggest private sector investment in Pennsylvanias history. The strategy calls for the construction of two sizable data centre campuses—one in Fairless Hills and the other close to the Susquehanna nuclear power plant—to facilitate AIdriven cloud computing. In the AWS data centre supply chain, the initiative will support thousands of additional jobs and generate 1,250 highskilled jobs. The federal government is reviewing Amazons direct power access agreement with the Susquehanna plant, which raises questions about grid equity. Amazons larger AI expansion strategy is in line with this investment, which comes after recent pledges in Taiwan and North Carolina. Read More..

B2B Tech News | 1 months ago        

Apple Strengthens Tata’s Role in Supply Chain With Repair Business Deal

Apple and the Tata Group have deepened their collaboration by giving the latter the responsibility of fixing iPhones and MacBooks in India. At its iPh

Apple and the Tata Group have deepened their collaboration by giving the latter the responsibility of fixing iPhones and MacBooks in India. At its iPhone manufacturing campus in Karnataka, Tata will assume responsibility for aftersales support operations from Wistrons ICT support Management Solutions, including complex repairs. Since Apple already assembles iPhones for both domestic and foreign markets, this move enhances Tatas position in the companys supply chain. Indias market for repairs is expanding, and last years 11 million iPhone sales increased Apples market share from 1% in 2020 to 7% in 2023. Analysts speculate that this collaboration may allow Apple to replicate its U.S. strategy by selling reconditioned smartphones directly in India. Read More..

B2B Tech News | 1 months ago        

U.S.China Trade Talks Resume in London Amid Tariff Rollback Discussions

The U.S. and China achieved a temporary 90day tariff reduction agreement in May, and on June 9, they will continue highlevel trade discussions in Lond

The U.S. and China achieved a temporary 90day tariff reduction agreement in May, and on June 9, they will continue highlevel trade discussions in London. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer will lead the U.S. delegation to China, where they will meet with Vice Premier He Lifeng to discuss supply chains for rare earth minerals, export controls, and tariff rollbacks. President Donald Trump and President Xi Jinping spoke over the phone for 90 minutes, during which Xi encouraged the United States to remove restrictions. Although both parties want to improve trade relations, outstanding problems like the trade in fentanyl and vital resource exports continue to be controversial. Read More..

B2B Tech News | 1 months ago        

Meta in Talks to Invest Over $10 Billion in Scale AI Amid AI Expansion

According to reports, Meta is negotiating a $10 billion investment in Scale AI, a data labelling business supported by Amazon and Nvidia. At $14 billi

According to reports, Meta is negotiating a $10 billion investment in Scale AI, a data labelling business supported by Amazon and Nvidia. At $14 billion, Scale AI supplies AI training data to businesses like OpenAI and Microsoft. This would be a departure from Metas internal AI research and, if approved, its greatest external AI investment. The transaction is still up in the air, as Microsoft, Amazon, and Alphabet have already spent billions in OpenAI and Anthropic, and Meta wants to bolster its AI infrastructure in the face of competition. AI model training relies heavily on scale AI, which uses contract workers to clean and categorise data. Read More..

B2B Tech News | 1 months ago        

Tesla Shares Rise 5.6% as White House Schedules MuskTrump Call

According to sources, White House aides arranged a call between Elon Musk and President Donald Trump to defuse tensions after their public spat, which

According to sources, White House aides arranged a call between Elon Musk and President Donald Trump to defuse tensions after their public spat, which caused Tesla shares to rise 5.6% in Frankfurt. After Trump threatened to stop awarding government contracts to Musks businesses and Musk suggested that Trump should be impeached, the conflict intensified. Last day, Teslas shares fell 14.3%, erasing $150 billion in market value. Experts think the dispute might affect Teslas regulatory position, especially with relation to EV subsidies and approvals for autonomous vehicles. Musk said that he was amenable to reducing tensions, but Trump said he was "not even thinking about Elon," thus the outcome is unclear. Read More..

B2B Tech News | 1 months ago        

U.S.UAE AI Campus Deal Faces Delays Amid Security Concerns

The United States and the United Arab Emirates announced a multibilliondollar AI data campus contract during Donald Trumps visit to Abu Dhabi, but it

The United States and the United Arab Emirates announced a multibilliondollar AI data campus contract during Donald Trumps visit to Abu Dhabi, but it is still far from being finalised. With support from G42, the Stargate UAE initiative seeks to establish one of the biggest AI hubs globally. SoftBank, Cisco, Oracle, Nvidia, and OpenAI are all contributing to its development. However, progress has been slowed by security worries over U.S. technology exports and the UAEs relationship with China. As of 2026, the 10squaremile site will hold 100,000 Nvidia AI processors however, export terms have not yet been finalised by Washington. Because of previous Huawei 5G installations in the Gulf, U.S. officials are still wary. Read More..

B2B Tech News | 1 months ago        



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