New Zealand’s Prime Minister Christopher Luxon emphasized the importance of looking beyond the country’s borders for trade opportunities as the nation signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE). The agreement aims to strengthen bilateral trade and establish the UAE as one of New Zealand’s key markets in the Middle East, building on their longstanding diplomatic relationship. Luxon believes that the CEPA and a bilateral investment treaty will enhance the economic ties between the two small advanced economies, emphasizing their shared values and goals for collaboration and growth.
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Air India’s inflection point
Air India faces severe challenges following the AI171 crash, with regulatory scrutiny leading to cuts in its fleet and a 20% drop in bookings due to safety concerns and operational lapses. Meanwhile, Hindustan Aeronautics Limited has secured a deal to manufacture small satellite launch rockets, marking a significant step in India's space industry expansion. Need More Context? 🔎
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