European Union

What is the meaning of Brexit?

December 17, 2017

Brexit is a term which is used for withdrawal of Britain from the European Union as per a popular referendum which was held on June 23, 2016, in which 51.9% of the electorate voted to leave the EU. The government of Britain invoked Article 50 of the Treaty of...

EU to extend sanctions on Russia for six months

December 16, 2016

EU has agreed to extend economic sanctions on Russia for another six months at the one-day summit held in Brussels. The main reason for extending sanctions was Russia’s failure to abide by the Minsk agreements on Ukraine. This decision has been taken amid growing pressure from investors and energy interests...

EU reaches deal to curb funding of conflict minerals

November 24, 2016

The European Union has concluded a deal to stem the flow of gold and other metals used for funding of armed conflicts or produced in conditions that violated human rights. EU importers of minerals like tin, tungsten, tantalum, gold and their ores have to mandatorily conduct checks on their...

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