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that moving down this path, we can bring on the bottom lines of our companies. Thailand and Cambodia agree
the conflict in Ukraine to an end”, he said. And with this deal, we are securing access to a ceasefire
At the same time, he expressed hope that to our largest export market. At the A ceasefire between Cambodia and
mutual understanding would bring peace same time, we will give better access to Thailand came into effect at the end
to Ukraine and that the progress made American products in our market. That of July, hours after they agreed to halt their
during the Alaska summit would not be will benefit European consumers and deadliest conflict in more than a decade,
undermined, hinting at the European make our businesses more compet- following five days of intense fighting
allies of Kyiv. “We hope they will not make itive. The deal provides a framework that displaced over 300,000 people.
any attempts to use some backroom deal- from which we will further reduce tariffs After efforts by Malaysia, the current Chair
ings to conduct provocations to torpedo on more products, address non-tariff of the Association of Southeast Asian
the nascent progress”, Putin noted. barriers, and cooperate on economic Nations (ASEAN) regional bloc, the United
Subsequently, the US President stated security. Because when the EU and US States, and China to bring both sides to the
that there is still a way to go before an work together as partners, the benefits table, the two countries’ leaders agreed
agreement is reached, clarifying that are tangible on both sides”, EC President during talks in Putrajaya to end hostilities,
“we agreed on many points” and there Ursula von der Leyen stated. resume direct communications, and create
are still a few on which there are disagree- a mechanism to implement the ceasefire.
ments. “We did not reach an agreement Macron: “France will recognise UN Secretary-General António Guterres
today, but we have many chances to the Palestinian state” welcomed the ceasefire as a positive step
achieve it”, he concluded. President Emmanuel Macron announced towards ending current hostilities and eas-
via a post on social media platforms ing tensions. He urged both countries to
The US-EU deal on tariffs that France will recognise the State of fully respect the agreement and to create
and trade Palestine at the United Nations General an environment conducive to addressing
The US and the EU have announced Assembly in September in New York. long-standing issues and achieving lasting
a trade deal that fundamentally rebal- “Faithful to the historic commitment peace.
ances the economic relationship between to justice and peace in the Middle East, The UN Secretary-General commended
the world’s two largest economies. I have decided that France will recognise Malaysia, as well as the United States and
As the White House stated, the deal the state of Palestine. I will make a formal China, for their dedicated efforts towards
marks a generational modernisation announcement at the UN General Assem- the peaceful resolution of the situation.
of the transatlantic alliance and will bly next September”, stated the French
provide Americans with unprecedented president in posts on X and Instagram. The first direct flight
levels of access to the EU market. It will France will subsequently co-chair, in 77 years departs from Moscow
also bolster America’s economy and together with Saudi Arabia, an inter- to Pyongyang
manufacturing capabilities. The EU will national conference of heads of state In a move that reflects the strong ties
purchase $750 billion in US energy and and government aimed at reviving the between Russia and North Korea, the
make new investments of $600 bil- so-called “two-state solution” between first flight of Nordwind Airlines took off at
Credit: EPA/GAVRIIL GRIGOROV/SPUTNIK/KREMLIN POOL / POOL MANDATORY CREDIT
lion in the United States, both by 2028. Palestine and Israel. To date, 142 UN the end of July from Moscow’s Shereme-
Purchases of US energy products will member states have recognised the Pal- tyevo airport. The Boeing 777-200 covered
diversify the EU’s sources of supply and estinian state, while the US and Israel the distance between Moscow and Pyong-
contribute to Europe’s energy security. firmly oppose this plan. yang in 8 hours. At the initial stage, flights
The EU will replace Russian gas and oil President Macron stressed that “the will be carried out once a month. In the event
with significant purchases of US LNG, urgent need today is to end the war of an increase in tourist and business flow,
oil, and nuclear fuels. in Gaza and save the civilian population”, the possibility of increasing the frequency
Under the agreement, the EU will pay adding, “We must finally build the state of of flights will be considered.
the US a tariff rate of 15% on autos Palestine, ensure its viability, and enable it “27 July is a significant day for the Russian
and auto parts, pharmaceuticals, and to contribute to the stability of the entire Federation and the Democratic People’s
semiconductors. However, the sectoral Middle East, by accepting its demilitari- Republic of Korea. Today, for the first time
tariffs on steel, aluminium, and copper sation and fully recognising Israel”. in more than 70 years of diplomatic rela-
will remain unchanged—the EU will The French President wrote in a letter tions, a direct air service has been launched
continue to pay 50% and the parties to the Palestinian Authority President between the capitals of our countries -
will discuss securing supply chains Mahmoud Abbas, stating that by recog- Moscow and Pyongyang. This was achieved
for these products. nising the Palestinian state, France aims thanks to the coordinated work of the
“Today, with this deal, we are creating to “contribute decisively to peace in the Russian Ministry of Transport, Rosaviatsia,
more predictability for our businesses. Middle East”, adding that the country Nordwind Airlines (“Severny Veter” LLC),
In these turbulent times, it is necessary “will mobilise all its international part- colleagues from the DPRK, with the sup-
for our companies to be able to plan ners who wish to participate in this”. port of the Russian Ministry of Natural
and invest. We are ensuring immediate Resources”, said Deputy Minister of
tariff relief. This will have a clear impact Transport Vladimir Poteshkin.

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