Ukraine's economic recovery is crucially dependent on international aid and real partnerships with European countries. Yulia Svyrydenko, Ukraine's First Deputy Prime Minister and Minister of Economy, emphasized the importance of trade, industrial cooperation, and shared long-term interests in these partnerships. The EU has already launched a program that attracted interest from exporters across the EU, with three more Member States expected to join soon, providing further support to Ukraine's struggling economy.
https://www.romania-insider.com/romania-eu-initiative-trade-ukraine-july-2025The US has deployed a B-52 bomber to South Korea as part of an exercise aimed at countering North Korea's nuclear and missile threats. This move was accompanied by a trilateral meeting between defense ministers from the US, South Korea, and Japan in Seoul, where they emphasized the need for close cooperation to address these threats and broader security challenges in the Indo-Pacific region.
https://www.fakti.bg/en/world/985161-us-south-korea-japan-hold-air-drill-to-deter-north-korea-threatsSouth Korea, Japan, and the US conducted a joint air drill on July 11, involving a US B-52 strategic bomber and fighter jets over international waters. The drill aimed to improve deterrence against North Korea's increasing nuclear and missile threats. Defence chiefs from the three countries met in Seoul, recognizing the importance of trilateral cooperation to address security challenges posed by North Korea in the Indo-Pacific region.
https://www.asiaone.com/world/south-korea-japan-and-us-conduct-air-drill-defence-chiefs-meetThe United States is seeking cooperation with South Korea in the shipbuilding sector as a way to counter China's growing market share. US Trade Policy Director Chang Sung-gil stated that Seoul must join measures to curb China in other areas before bilateral cooperation can occur. In return, the US wants Seoul to increase investments and purchases of US energy and agriculture products, but faces resistance due to political sensitivity around agricultural imports.
https://www.asiaone.com/world/us-wants-south-korea-join-efforts-counter-china-shipbuildingChinese Foreign Minister Wang and Russian Foreign Minister Lavrov have warned the US over Southeast Asia, stating that China and Russia support ASEAN's central role in regional cooperation and are committed to maintaining peace and stability in the region. They expressed concerns about unilateral protectionism and tariffs imposed by major powers, which they see as a threat to global financial stability.
https://www.tbsnews.net/world/rubio-meet-chinas-foreign-minister-malaysia-us-chinese-tensions-mount-1185641A recent simulation suggests that reducing the US tariff on Vietnam to 0 percent would lower the US trade deficit by $3 billion annually. According to Dandy, this is a significant opportunity for the US to reduce its trade deficit, which was a primary concern during President Donald Trump's tariff campaign. However, CSIS Researcher Riandy Laksono notes that there are risks in the deal reached with Vietnam, as it only applies to goods made in Vietnam and does not address transshipment issues. Indonesia is advised to maintain principles of openness and non-discrimination in its trade diplomacy to ensure a strong position in global trade.
https://en.tempo.co/read/2027128/u-s-leaves-vietnam-with-lower-tariffs-as-indonesia-hit-with-32-charge-heres-whyAustralian expert Alison Albanese has criticized companies that profit from Israel's occupation and policies in Gaza, calling them "illegitimate" and "immoral". Her report was met with a strong response from Israel, which accused her of promoting "false narratives" and undermining the credibility of the UN Human Rights Council. US President Donald Trump's plan to take over Gaza was also rejected by Palestinians, Middle East leaders, and the UN, with Albanese labeling it an "international crime".
https://www.victoriaadvocate.com/news/nation/us-sanctions-un-rights-expert-for-palestinian-territories/article_404eab26-e987-53ca-a8b0-52db7c489edc.htmlChinese diplomat Geng expressed concern over recent Red Sea attacks on cargo ships, calling on Houthis to respect international law and cease attacks on commercial vessels, urging them to ensure maritime route safety in the region.
https://www.globaltimes.cn/page/202507/1338027.shtmlThe European Union (EU) is close to striking a deal with the United States, with EU diplomats indicating readiness for an agreement in principle. The EU wants to maintain a 10% baseline tariff on its goods, except for critical sectors such as airplanes, spirits, and cosmetics. Legal challenges to US tariffs are ongoing, while President Trump has imposed sector-specific duties on steel, aluminum, autos, copper, and pharmaceuticals since his return to the White House in January.
https://www.thehindu.com/news/international/trump-issues-more-letters-to-countries-in-push-for-tariff-deals/article69793496.ece