Close Menu
    What's Hot

    Artprice Congratulates Brognon Rollin Winners of the 2026 Marcel Duchamp Prize

    October 23, 2026

    Russia and Oman See 22-Fold Increase in Trade to $1.5 Billion, Shoigu Reports

    October 23, 2026

    Severe 7.0 Magnitude Earthquake in Tibet Results in 16 Fatalities and Dozens of Injuries

    October 23, 2026
    • Home
    • Contact Us
    Arab Presswire: Arab news built to travel.Arab Presswire: Arab news built to travel.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • News
    • Lifestyle
    • Sports
    • Technology
    • Travel
    Arab Presswire: Arab news built to travel.Arab Presswire: Arab news built to travel.
    Home » UN chief Guterres hails India EU trade deal, backs multipolarity
    Business

    UN chief Guterres hails India EU trade deal, backs multipolarity

    January 31, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    MENA Newswire, NEW YORK: United Nations Secretary-General António Guterres cited the newly concluded European Union trade agreement with India as he underscored the need to support a multipolar global order grounded in multilateral cooperation, according to remarks delivered at his annual press conference outlining priorities for 2026.

    UN chief Guterres hails India EU trade deal, backs multipolarity
    UN chief Guterres cites India EU trade deal while urging support for multipolarity.

    Guterres said the world’s most pressing challenges cannot be addressed through dominance by a single power or by competing blocs. “Global problems will not be solved by one power calling the shots. Nor will they be solved by two powers carving the world into rival spheres of influence,” he said, adding that broader cooperation among multiple centers of influence is essential to global stability.

    He described the India–EU agreement as an example of countries building interconnected economic relationships that expand cooperation across regions. Guterres said he had “a lot of positive expectations” from the pact, placing it alongside other recent European trade initiatives as illustrations of how diversified partnerships can reinforce international cooperation.

    Multilateral institutions and networked partnerships

    The secretary-general said multilateral institutions must adapt to reflect current global realities, stressing that a multipolar world requires strong, inclusive frameworks to manage economic and political interdependence. He linked the concept of multipolarity directly to the principles of the United Nations Charter, emphasizing peace, shared development, and cooperation among states.

    The India–EU trade agreement was announced on January 27, 2026, following negotiations that began in 2007, were suspended in 2013, and formally resumed in 2022. Officials on both sides have described the accord as one of the most extensive trade deals ever concluded between the two partners, covering a combined population of nearly two billion people.

    European officials have said the agreement provides for significant tariff reductions across a wide range of goods and services, including industrial products, pharmaceuticals, machinery, and automobiles. The pact is also designed to enhance regulatory cooperation and facilitate greater access for businesses operating across both markets.

    Trade pact cited amid broader UN reform push

    In India, the agreement has been presented by government officials as a major step in expanding access to European markets, while also drawing criticism from some domestic groups concerned about competitive pressures in sensitive sectors. Those concerns have centered on agriculture, manufacturing, and labor protections.

    Guterres referenced the trade agreement as part of a broader argument for strengthening global cooperation at a time of geopolitical fragmentation. He said international partnerships in trade, technology, and development can help foster balance among nations while reinforcing the rules-based international system.

    He did not advocate specific policy measures tied to the agreement, but reiterated that multipolarity should be inclusive and rooted in shared norms. Guterres said expanding networks of cooperation, rather than concentration of power, remains central to the United Nations’ vision for addressing global challenges through collective action.

    Related Posts

    Russia and Oman See 22-Fold Increase in Trade to $1.5 Billion, Shoigu Reports

    October 23, 2026

    Japan Experiences a Trade Deficit of 536.6 Billion Yen in September

    October 23, 2026

    Korean exports hit $61.6 billion in first 20 days of October amid chip boom

    October 22, 2026

    India to Convene 130+ Countries at Bharat RE Summit & Expo 2026 to Advance Global Clean Energy Investment and Partnerships

    October 21, 2026

    UAE and India Sign CEPA, Trade Surpasses $100 Billion Amid High-Level Talks

    October 20, 2026

    Hindustan Zinc Reports Record Q2 Net Profit of US$ 671 Million, Up 142% YoY; Highest-Ever Quarterly EBITDA Driven by Lower Zinc Cost of Production

    October 20, 2026
    Editor's Pick

    Russia and Oman See 22-Fold Increase in Trade to $1.5 Billion, Shoigu Reports

    October 23, 2026

    Severe 7.0 Magnitude Earthquake in Tibet Results in 16 Fatalities and Dozens of Injuries

    October 23, 2026

    Japan Experiences a Trade Deficit of 536.6 Billion Yen in September

    October 23, 2026

    Korean exports hit $61.6 billion in first 20 days of October amid chip boom

    October 22, 2026

    Abu Dhabi Crown Prince Begins Official Visit to Greece on His Highness’s Invitation

    October 22, 2026

    SGU Advocates for Risk-Based Breast Cancer Screening in Africa Amid Rising Cases

    October 22, 2026

    Scientists from Russia and China Create Ultrasonic Welding Technique That Doubles Joint Strength

    October 21, 2026

    Japan’s MMX Mission Launches to Investigate Mars’s Moons and Collect Surface Samples

    October 21, 2026

    Türkiye Sets Aim to Achieve $70 Billion in Tourism Revenue by 2027

    October 21, 2026
    © 2026 Arab Presswire | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.