Canada rescinds digital services tax to advance trade discussions with the United States

The federal government announced late Sunday evening it is rescinding the digital services tax, days after U.S. President Donald Trump demanded it gone and cut off Canada-U.S. trade negotiations, Reuters reported.

In a press release, the federal government said it would rescind the tax "in anticipation of a mutually beneficial comprehensive trade arrangement with the United States."

"Prime Minister Carney and President Trump have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025," the press release added.

PM Oli attends dinner hosted by Spanish King

Prime Minister KP Sharma Oli has attended the dinner hosted by the King of Spain, Felipe VI, in honour of the Heads of States and Governments participating in the 'Fourth United Nations International Conference on Financing for Development (FFD4)'. 

Prime Minister Oli and the first lady, Radhika Shakya, attended the official dinner hosted at the Royal Alcazar of Seville on Sunday. 

Earlier, Prime Minister Oli and Prime Minister of Spain, Pedro Sanchez, had a bilateral meeting on Sunday. 

 

PM Oli stresses on reforms in international financial system

Prime Minister KP Sharma Oli has emphasized on the reforms of the international financial system. 

He said this during his address to the closing plenary  of the Civil Society Forum for FFD4 in the capacity of the chief guest. 

PM Oli, who is on an official visit to Spain to attend the United Nations (UN)'s 'Fourth International Conference on Financing for Development (FFD4)’, stressed the need for the developed countries to translate their commitments for financial investment to action. 

The Prime Minister also urged the civil society to consistently raise their voice for development assistance, debt sustainability and international financial system reforms. 

"You are not merely the participants of the conference, but also the catalyst and strong voice for change. Your advocacy and voice can contribute to bringing tangible changes", he said, adding, "Nepal is advancing to development and prosperity being emboldened to the norms and values of good governance, rule of law and democracy". 

He went on saying, "Nepal has a clear stance that the global investment should be made based on inclusion, necessity and proportionality. I appreciate the civil society's global partnership and participation". 

Noting that civil society's advocacy will enable the people, planet and shared responsibility, PM Oli called for the civil society to take initiative towards building an equitable and sustainable future by leaving no one behind. 

The declaration endorsed by the Civil Society Forum will be adopted by the 'Fourth International Conference on Financing for Development'. 

 

Israeli strike on Iranian prison killed more than 70, says Iran state-affiliated media

Israel’s attack on Evin Prison in the Iranian capital of Tehran on Monday killed 71 people, according to Mizan, the news outlet of the Iranian judiciary, CNN reported.

“The martyrs include prison administrative staff, conscripted soldiers, inmates, family members of prisoners who were at the prison for visits or legal follow-ups, and neighbors living near the prison,” judiciary spokesperson Asghar Jahangir said in remarks published on Sunday.

The state-affiliated news agency Fars reported that “much damage” had been recorded in the surrounding area.

The Israeli military attacked the entrance of Iran’s notorious Evin Prison on Monday, according to Israel’s defense minister and Iranian state news, according to CNN.