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Saudi Arabia Discusses Developing Cooperation with Airbus, Boeing

The Saudi Falcons aerobatic flight team performs at the 'World Defense Show 2024', north of the Saudi capital Riyadh on February 4, 2024. (Photo by Fayez Nureldine / AFP)
The Saudi Falcons aerobatic flight team performs at the 'World Defense Show 2024', north of the Saudi capital Riyadh on February 4, 2024. (Photo by Fayez Nureldine / AFP)
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Saudi Arabia Discusses Developing Cooperation with Airbus, Boeing

The Saudi Falcons aerobatic flight team performs at the 'World Defense Show 2024', north of the Saudi capital Riyadh on February 4, 2024. (Photo by Fayez Nureldine / AFP)
The Saudi Falcons aerobatic flight team performs at the 'World Defense Show 2024', north of the Saudi capital Riyadh on February 4, 2024. (Photo by Fayez Nureldine / AFP)

Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef has held a meeting with chiefs of Airbus Helicopters and Boeing and Global Saudi Boeing on the sidelines of the World Defense Show (WDS) 2024 in Riyadh.
The discussions on Sunday focused on exploring means of enhancing cooperation between Saudi Arabia and both companies in the aviation industry.

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Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
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Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)

The European Union is planning to vote on whether to introduce tariffs as high as 45% on imported electric vehicles made in China on Oct. 4, Bloomberg News reported on Saturday, citing people familiar with the matter.
Member states have received a draft of the regulation for the proposed measures, the report said, adding that the new date could still change.
According to the report, the vote among the bloc's member states was slightly delayed amid last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.
The European Commission did not immediately respond to a Reuters request for comment.
The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU's standard 10% car import duty.
The proposed final duties will be subject to a vote by the EU's 27 members. They will be implemented by the end of October unless a qualified majority of 15 EU members representing 65% of the EU population votes against the levies.