The European Central Bank raised its key interest rates by 0.25 percentage points. This decision aims to combat rising inflation across the 20-country currency bloc.

The European Union finalized a new trade agreement with Comoros, Madagascar, Mauritius, and Seychelles. The deal creates new rules for services, investment, and public procurement between the blocs.

The two countries signed an agreement to secure critical mineral supplies for their defense industries. This partnership aims to strengthen industrial resilience and readiness for both nations' armed forces.