Saudi Arabia, UN Sign 5-Year Environmental Development Cooperation Framework

A five-year development agreement was signed between Saudi Arabia and the United Nations to preserve the planet. (Asharq Al-Awsat)
A five-year development agreement was signed between Saudi Arabia and the United Nations to preserve the planet. (Asharq Al-Awsat)
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Saudi Arabia, UN Sign 5-Year Environmental Development Cooperation Framework

A five-year development agreement was signed between Saudi Arabia and the United Nations to preserve the planet. (Asharq Al-Awsat)
A five-year development agreement was signed between Saudi Arabia and the United Nations to preserve the planet. (Asharq Al-Awsat)

In view of the contributions and efforts made by Saudi Arabia to preserve the marine environment at the national, regional, and global levels, a five-year development agreement was signed between Saudi Arabia and the United Nations to preserve the planet.

The signing of the agreement took place during the Riyadh Blue Talk, an event organized by the UNRC office and the embassies of Portugal and Kenya to raise awareness of oceans ahead of the 2022 UN Ocean Conference to be held in Lisbon next month.

Government institutions, academics, the private sector, and regional and international organizations are part taking in the event.

Riyadh Blue Talk panel discussions tackled managing, protecting, preserving and restoring marine and coastal ecosystems, increasing scientific knowledge, developing research capabilities and transferring marine technology.

“(The) Ocean’s health is vital to us all. Just consider the fact that over 50 percent of the planet’s oxygen is produced in the ocean. That is why my daily mantra is, ‘No healthy planet without a healthy ocean.’ And the ocean’s health is measurably in decline,” said Peter Thomson, the UN secretary-general's special envoy for the ocean.

“We can stop the decline of the ocean’s health in 2022 and we made a great start with the consensual agreement at UNEA (UN Environment Assembly) in Nairobi in February to begin work on a binding global treaty to end plastic pollution,” he added.

“We must continue this positive momentum by ending harmful fisheries subsidies at the WTO Ministerial Meeting in Geneva, by adopting the 30 by 30 target at the Biodiversity COP in Kunming, and when we gather in Sharm El-Sheikh in November for COP27, by moving the climate finance needle decisively in the direction of the Sustainable Blue Economy,” said Thomson.

“2022’s highlight opportunity will be the UN Ocean Conference in Lisbon, in support of SDG14’s implementation. There, we will launch a great fleet of science-based solutions, heavily powered by innovation and partnerships,” he added.



EU to Keep US Trade Countermeasures on Hold Until August

European Commission President Ursula von der Leyen speaks during a joint press conference with Indonesian President Prabowo Subianto (not pictured) at the European Commission in Brussels, Belgium, 13 July 2025. EPA/OLIVIER MATTHYS
European Commission President Ursula von der Leyen speaks during a joint press conference with Indonesian President Prabowo Subianto (not pictured) at the European Commission in Brussels, Belgium, 13 July 2025. EPA/OLIVIER MATTHYS
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EU to Keep US Trade Countermeasures on Hold Until August

European Commission President Ursula von der Leyen speaks during a joint press conference with Indonesian President Prabowo Subianto (not pictured) at the European Commission in Brussels, Belgium, 13 July 2025. EPA/OLIVIER MATTHYS
European Commission President Ursula von der Leyen speaks during a joint press conference with Indonesian President Prabowo Subianto (not pictured) at the European Commission in Brussels, Belgium, 13 July 2025. EPA/OLIVIER MATTHYS

The EU will extend its suspension of countermeasures to US tariffs until early August as it aims for a negotiated solution on trade with the United States, European Commission President Ursula von der Leyen said on Sunday.

US President Donald Trump escalated his global trade war on Saturday and threatened to impose a 30% tariff on imports from the European Union from Aug. 1, separate from sector-specific duties, despite months of intense talks.

Announcing the extension of the halt on retaliatory measures, von der Leyen told reporters the bloc would "continue to prepare further countermeasures so we are fully prepared."

A first package of countermeasures to US tariffs on steel and aluminium that would hit 21 billion euros ($24.6 billion) in US goods was suspended in April for 90 days to allow time for negotiations.

The suspension had been due to expire on Monday.

A second package has been in the works since May and would target 72 billion euros of US goods, but these measures have not yet been made public and the final list requires approval by member states.

Von der Leyen added that use of the EU's Anti-Coercion Instrument was not yet on the table.

"The (anti-coercion) instrument is created for extraordinary situations, we are not there yet," Reuters quoted her as saying.

The instrument allows the bloc to retaliate against third countries that put economic pressure on EU members to change their policies.

Possible retaliatory steps could include restricting EU market access to goods and services, and other economic measures related to areas including foreign direct investment, financial markets and export controls.