Overseas Updates
Geneva,May20(Xinhua)--TheUnitedNationsConferenceonTradeandDevelopment(UNCTAD)releasedareportonMay19statingthattheglobaleconomyhasshownsomeresiliencethisyear,sup
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The 2025 EU-US trade agreement is deadlocked in EU approval (Parliament demands safeguards). No breakthrough in May 6 trilateral talks; next round May 19. Trump threatens higher tariffs if EU doesn’t comply by July 4. Cyprus (EU presidency) seeks balanced outcome for EU firms.
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Malaysian MITI terminated the 4-year CBU EV exemption (Dec 31,2025). From July 1,2026, new CBU EVs need ≥180kW power and CIF ≥200k ringgit. Industry expects retail prices to climb above 300k ringgit. Policy shifts to promote local EV manufacturing.
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