The proposal put forth by the European Commission (EC) to revise statistical rules that govern the recording of International Trade in Services (ITS), Balance of Payments (BOP), and Direct investment abroad would provide an opportunity for the Global South to participate more fully in developing the global economy, especially in light of the Indian government's goal of reaching a $5 trillion economy. India is not only the world's largest recipient of remittances, but it is al

Cyprus has officially presented its programme, priorities, and logo for its six-month presidency of the Council of the European Union, commencing on 1 January 2026. President Nicos Christodoulides unveiled the comprehensive framework at an event held in Pano Lefkara on 21 December, marking what he described as a milestone moment in Cyprus' European engagement and institutional responsibility toward the 27 member states and European citizens.​ The Central Vision The presidency

The India–Middle East–Europe Economic Corridor (IMEC), launched at the G20 Summit in New Delhi in September 2023, is a key pillar of the evolving India–EU strategic partnership. IMEC by leaders from India, the US, the UAE, Saudi Arabia, Italy, France, Germany and the European Commission is designed as a transnational rail and shipping route spread across two continents (Delivorias & Falkenberg, 2024, p. 7). The EU’s Global Gateway strategy which Complements IMEC launched in D