AGP Executive Report
Last update: 6 hours agoMoldova’s EU Path: Chişinău opened negotiations on 17 more accession chapters, bringing 24 of 33 into play. The EU and EBRD are also backing irrigation upgrades expected to serve 6,900 hectares and about 300 farmers. Global Outlook: The IMF projects 3.1% world growth in 2026, while raising India’s forecast to 7% on strong domestic demand and services. Food Security: The FAO warns rising prices—not current shortages—pose the biggest threat, as conflict, shipping disruptions and fertilizer constraints raise costs and risks to future harvests. Trade Tensions: China and the EU reached a vehicle trade understanding that caps Chinese hybrid imports at 350,000 a year, easing—but not ending—the dispute. Malaysia says it aims to sign an EU free-trade deal by June 2027. Russia Sanctions: The EU approved its largest sanctions expansion against Russia’s military industry, targeting nearly 1,600 people and firms. EU Budget: Member states remain divided over the bloc’s 2028–34 spending plan, with disputes over proposed cuts and funding priorities.
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