AGP Executive Report
Last update: 5 hours agoUS–Liechtenstein diplomatic link: Veteran diplomat Yuriy R. Fedkiw has taken over as the new US Consul General in Mumbai, with prior experience in Bern overseeing relations with Switzerland and the Principality of Liechtenstein—another reminder of how small-state ties travel through larger diplomatic networks. EU climate policy: The European Commission is set to unveil a major overhaul of the EU Emissions Trading System (EU ETS), aiming to keep free carbon permits longer, slow tightening of emissions limits, and better tie support to clean-tech investment—while addressing fears that high carbon costs are hurting industry. Trade and tariffs in the FIT circle: New Zealand’s Trade Minister Todd McClay says higher US tariffs are “not unexpected” and argues tariffs restrict competition; the FIT partnership meeting in Auckland produced declarations on economic security and digital trade facilitation, plus steps on non-tariff barriers—relevant for Liechtenstein as an ETS-linked, trade-reliant European economy. US-backed regional investment: Konstantin Sokolov, a major Trump donor, has been appointed to lead the TRIPP+ Enterprise Fund, which plans $201 million for private-sector investment across the South Caucasus and Central Asia.
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