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The framework agreement is expected to be finalised by Q1 2026.
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The two countries signed an MoU outlining a 27-point plan on strategic investments.
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The declaration builds on an existing MoU between the EU and Australia.
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The agreement involves upgrading current gas fields and exploring new reserves with improved technical standards.
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The initiative seeks to develop AI-driven sovereign cloud solutions specifically designed to safeguard European data and intellectual property.
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The stake in the Japanese company was acquired from Coral Capital, which will remain a minority shareholder.
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The company is also planning a second plant in Turkey and is considering a third European facility, with Spain seen as a leading option.
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