AGP Executive Report
Last update: 6 hours agoEU-Canada Dealmaking: The European Commission, led by Ursula von der Leyen, floated a first-ever “associate member” status for Canada—an option that doesn’t exist in EU treaties—aimed at deeper cooperation on energy, critical minerals, defense, Arctic projects, AI, and manufacturing. Mark Carney welcomed the idea but stressed Canada isn’t seeking full EU membership, with details still unclear and negotiations expected to take years. Liechtenstein Link: The EU’s scope in the proposal and related cooperation signals continued relevance for Liechtenstein’s cross-border trade and tech ties. Digital Finance in the Region: In Switzerland, Crédit Agricole next bank became the first Swiss bank to go live with Avaloq’s new mobile banking app, using a SaaS setup to expand digital self-service and speed future feature rollouts—Avaloq also lists a Liechtenstein presence. Agriculture & Food Supply: Russia extended its ban on Western food imports through end-2028, covering products including meat, seafood, dairy, fruits, and vegetables, with Liechtenstein named among affected countries. Space Industry: Open Cosmos secured €300m to scale satellite mass manufacturing and expand intelligence and connectivity services.
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