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Tokyo and Washington will step up defence cooperation

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JAPAN/US

Kishida and Biden hailed a historic upgrade in defence ties and announced a record volume of around 70 agreements, spanning various sectors.

US WTO reform proposals will gain little traction

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UNITED STATES

Tai will continue to make the Biden administration’s case that the WTO needs reform to make it fit for purpose in the 21st century. Opposition to reform will come from India and…

Action plan will boost Chile's green hydrogen hopes

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CHILE

Chile was a global frontrunner in exploring the potential of green hydrogen, but progress in developing the industry has stalled in recent years. Delays in laying out clear rules…

Manama will struggle to vary its investor offering

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BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Turkey’s defence industry is set for growth

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TURKEY

A major milestone was showcased in February, as KAAN, the country’s first domestically produced fifth-generation combat aircraft, made its maiden flight. The aircraft is equipped…

EU defence ambitions face constraints

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EU

Their objectives are to enhance EU cooperation and self-sufficiency in the areas of arms production and procurement, in order to make the EU more resilient in defence and enhance…

Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

China’s AI chip industry will grow but still lag

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CHINA

China is working hard to boost its domestic AI chip industry in response to US restrictions. The support significantly impacts the development of its entire AI sector, the…

EU sets out ambitious carbon management strategy

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EU

The proposals represent a major shift towards activism in the EU’s approach to Carbon Capture and Storage (CCS). Demand will come from storage sites and the production of…

Senegal's new president may face obstacles to reform

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SENEGAL

This follows an upset March 24 victory over his main opponent, ruling party candidate Amadou Ba. Faye ran in place of main opposition leader Ousmane Sonko, who was barred from…