EU’s Juncker demands fair trade from China ahead of summit

The writer is a former caretaker finance minister and served as vice-president of the World Bank

In this context, we hope to convince China to include subsidies to the industry as a key element of the WTO reform, ' expressed European Council President Donald Tusk.

Marking a significant shift, Li's pledge at the annual EU-China leaders' meeting follows similar offers to the United States and potentially signals an opening for which European companies have long lobbied.

Last week, French President Emmanuel Macron hosted President Xi Jinping for a summit, though he also invited German Chancellor Angela Merkel and the EU's Juncker for one leg of the meeting.

China and the European Union share broad common interests in pragmatic cooperation and have a common stance regarding multilateralism and free trade, he said.

China is considering that India will review its decision and participate in the forum, as evident from the principal summit between Prime Minister Narendra Modi and President Xi Jinping in April past year.

China nevertheless faced a more assertive Europe, even with dialogue the preferred approach.

Orioles Chris Davis nearing record futility steaks
He'll continue to get at-bats so this record could be extended, albeit with much less fanfare than Joe DiMaggio's hitting streak. Orioles slugger Chris Davis , who hasn't done much slugging of late, set a new major league record for futility on Monday.

The EU-China summit every year brings Beijing's number two leader the EU's top officials together and serves as a litmus test on the state of ties between Europe and the Asian giant.

Li will now head to Croatia for another European summit on Thursday and Friday, this time with central and eastern states, 11 of whom are EU members.

In their work on a joint statement for the meeting on Tuesday, which will be the 21st such summit, European and Chinese diplomats found a compromise over wording on efforts to bolster the World Trade Organization by enabling it to tackle industrial subsidies, said the EU official.

"It is a breakthrough. Therefore, both sides should strengthen cooperation and exchanges in areas such as trade, investment and the Belt and Road Initiative", she said.

On a separate issue, the EU has been frustrated by the slow pace of talks with Beijing since 2013 on a bilateral investment accord that would scale back Chinese market barriers for European companies.

China, he added, is also ready to step up communication and build consensus with the European Union on such issues as advancing the reform of the World Trade Organization (WTO) to fully accommodate the interests and concerns of all parties and better safeguard the interests of the majority of WTO members. The two sides also worked out a deal on a section of the draft statement related to the global order based on the United Nations, according to the official. Tusk also raised human rights more generally in the main summit plenary, seeking more religious freedom for minority groups in China.

Related News:

  • Applause from most for Adani groundwater plan approval

    Applause from most for Adani groundwater plan approval

    But it is the decision her Coalition colleagues in the Nationals have been pushing for ahead of the election. The other is a plan to manage the impacts of the mine on an endangered bird, the Black-Throated Finch.
    WikiLeaks claims Ecuadorean government is spying on Julian Assange

    WikiLeaks claims Ecuadorean government is spying on Julian Assange

    But Assange refused to leave the embassy for fear of extradition to the United States, which is investigating him for espionage. The comment sparked huge global interest, with hundreds of Mr Assange's supporters going to the embassy to protest.
    SpaceX Falcon Heavy On Track For Wednesday Launch

    SpaceX Falcon Heavy On Track For Wednesday Launch

    SpaceX issued a warning that Space Coast residents should expect several loud sonic booms as the rockets arrive back on Earth. You can watch the entire launch on SpaceX's live stream , with coverage starting about 20 minutes before lift-off.
  • Burger King removes ‘racist’ chopsticks ad after social media outcry

    Burger King removes ‘racist’ chopsticks ad after social media outcry

    In 2018, Heineken debuted an ad showing a bartender passing a bottle of the brand's light beer over to a white woman . The advertisement was later removed from all of Burger King NZ's social media platforms.
    Oppo launches Reno, Reno 10x Zoom edition with shark-fin front camera

    Oppo launches Reno, Reno 10x Zoom edition with shark-fin front camera

    Oppo Reni standard variant runs on Android 9.0 (Pie) with ColorOS 6.0 and has a 3,765mAh battery with VOOC 3.0 fast charging. Similar to the Oppo Find X , the device features an edge-to-edge full-screen display that has no notches or punch-holes.
    Liverpool on course for Champions League semi-finals after Porto win

    Liverpool on course for Champions League semi-finals after Porto win

    Two-nil is a really, really good result, I would probably have taken that before the game and I'll take it now. We also saw one or two counter-attacks, but the rest of the game we played really well.
  • The worst moves of Magic Johnson’s tenure

    The worst moves of Magic Johnson’s tenure

    The Lakers also clearly lost the Ivica Zubac-Mike Muscala trade by a mile, much to the laughter of the Los Angeles Clippers . James was shut down for the season late last month, and he watched the Lakers' season finale in street clothes on the bench.
    Arsenal lacked fight in Everton defeat, admits Sokratis

    Arsenal lacked fight in Everton defeat, admits Sokratis

    Arsenal defeated the Italian side 2-0 at Emirates Stadium, before losing by the same scoreline at the Stadio San Paolo. Lorenzo Insigne and Faouzi Ghoulam both returned to the Napoli squad at the weekend.

    Horse race bet with William Hill

    How to place a bet To place your wager/bet, all you need is to provide the appropriate information to the ticket writer. Simply you just have to pay £1horse bet and you can easily watch the live horse racing broadcast on your device.
  • Benjamin Netanyahu secures Israel election, local media reports

    Benjamin Netanyahu secures Israel election, local media reports

    But some analysts believe that Washington's relatively less controversial Golan Heights recognition may have paved the way. By 8:00pm (1700 GMT), overall turnout was 61.3 per cent compared to 62.4 per cent at the same time in 2015 elections.
    Sudan's military forced Omar al-Bashir to step down, sources say

    Sudan's military forced Omar al-Bashir to step down, sources say

    According to Arab newspaper Al Arabiya , the Khartoum airport has been closed down and a counter-coup attempt in Sudan has failed. Reports of Mr Al-Bashir's resignation came shortly after the soldiers reportedly surrounded his palace in the capital Khartoum.
    Google will let you use your Android phone to verify logins

    Google will let you use your Android phone to verify logins

    To use the feature, you will need to setup 2-step verification on Gmail and follow the steps below to enable the feature. Google recommends registering a backup security key (either hardware token or phone), in case you lose your main one.


Most liked

Hazard staying focused on Chelsea amid continued Real Madrid speculation
Real Madrid midfielder Casemiro has said that "world class" players Paul Pogba and Eden Hazard would be welcomed by the Bernabeu dressing room.

North Korea convenes top-level meeting over 'tense situation': KCNA
Due to the "prevailing tense situation", the functionaries should fully implement the new party strategy that Mr Kim announced a year ago .

Bernie Sanders: I don't take frontrunner status "all that seriously"
He said they will be released "certainly before" April 15 and added that President Donald Trump should do the same. Senators Elizabeth Warren of MA and Kirsten Gillibrand of NY have both released a decade of their own returns.

Khashoggi's son comments on financial compensation by rulers
The list included Saud al-Qahtani, a senior adviser to the crown prince who had already been sanctioned over the killing. The Post , quoting Saudi officials speaking anonymously, reported the payments were approved by King Salman.

I stayed calm under pressure: Kieron Pollard
Sharma made his debut for team India in 2007 against Ireland and has scored 8,010 runs from 206 matches at an average of 47.04. Though it is not confirmed whether the MI skipper is resting in Wednesday's match, his team will be playing Kings XI Punjab .

Sidelined DUP accuses May of 'humiliating' United Kingdom with Brexit delay talks
But the United Kingdom must not waste this time - allowing people to decide if they still want to leave is now imperative.

OnePlus 7 Pro real life image surfaces online, revealing key specifications
The OnePlus 7 Pro variant was also spotted on Bluetooth certification site, nearly confirming the arrival of this variant. However we have very little information apart from its Snapdragon 855 chipset and X50 modem giving it 5G capabilities.

DR Authorities Believe Two Bodies Found Are Missing New York Couple
Relatives in the United States said it was out of character for Moore and Ravenelle to go missing with no communication. Dominican police have been communicating with the US embassy and sent fingerprints from both bodies for identification.

Van Dijk admits he voted for Raheem Sterling as POTY
He told Dutch daily De Telegraaf: " Hopefully it [playing regularly alongside the defender] will happen soon ". Van Djik is helping his club side as they look to win the Premier League and Champions League .

Rugby Australia condemn incendiary social media post from Israel Folau
Folau was heavily criticised for a post on Instagram past year in which he said God's plan for gay people was "HELL" . During 2017's same sex-marriage vote, Folau tweeted that he would not be supporting any change to the existing law.

Boeing records zero new MAX orders following global groundings
Boeing did not win any commercial orders for its 737 MAX jet in March following a second deadly crash involving the plane. Deliveries are financially important because that is when planemakers receive the bulk of money from airlines' purchases.

Magic vs. Celtics - Game Recap
After chasing Evan Fournier down the lane, he bumped into Magic center Nikola Vucevic and crashed to the ground, holding his side. Although he said that the five-year veteran looked sore, he was trying to walk while he was in the locker room.

‘Jeopardy!’ contestant shatters single-day winnings record
And this record-breaking number holds a special meaning for Holzhauer: his daughter was born on November 9, 2014 (aka 11/09/14). He'll face two new challengers Wednesday. 2019, and provided by Jeopardy Productions, Inc. shows James Holzhauer .

Brexit talks: European Union leaders offer extension to October 31
As she arrived at the European summit, Theresa May said she wanted to agree an extension with a break clause if, and when, a deal is agreed.

It's deadline day for Trump's tax returns, but he says no
Mnuchin said he'd "rethink" whether he would return to sit before the committee if he was going to be poorly treated. He has frequently promised to release his tax returns once an audit of these returns is completed by the IRS.