Our Terms & Conditions | Our Privacy Policy
Spanish PM Sanchez advocates a ‘fair trade order’ on state visit to China
Spain’s Prime Minister Pedro Sanchez and China’s President Xi Jinping meet at the Diayoutai in Beijing, China, September 9, 2024. ANDRES MARTINEZ CASARES / VIA REUTERS
Spanish Prime Minister Pedro Sanchez called, on Monday, September 9, for a “fair trade order” during a visit to China where he met leader Xi Jinping and aimed to boost ties despite a tariff standoff between Beijing and the European Union.
State news agency Xinhua said Sanchez met Xi on Monday, without sharing details. Earlier, he met local counterpart Premier Li Qiang at Beijing’s ornate Great Hall of the People, telling him Spain “wishes to continue strengthening its relations with China.”
“We want to build bridges to defend together a fair trade order,” he said in a post on X. This, he said, “allows our economies to grow and benefits our industries and citizens.”
Read more Subscribers only Protectionist escalation: ‘Europe could be engulfed in the economic rivalry between China and the US’
Speaking at a forum in Beijing on Monday, Sanchez hailed “strong ties” between China and Spain. “Even on those issues where our positions do not fully coincide, we maintain a constructive willingness to engage in dialogue and cooperation,” he said in a video of his remarks shared on his social media. “We are committed to developing a positive agenda and seeking consensual solutions that benefit all parties,” he added.
Sanchez also met Monday with the Spain-China Business Advisory Council, part of efforts to “deepen trade and investment relations” between the two countries. “Our objective is clear: to foster a balanced relationship, based on respect and reciprocity that benefits both nations,” Sanchez said on X.
Read more Subscribers only Jean Pisani-Ferry: ‘The danger is a growing divergence between the US and Europe on the China issue’
Sanchez’s trip will also take him to Shanghai on Tuesday and Wednesday, where he will meet local officials and businesses as well as inaugurate a new Cervantes Institute cultural centre.
The Spanish premier had also met with Xi during his last visit to China in March 2023, and took part in the Boao Forum for Asia – similar to the World Economic Forum held in Davos – in China’s Hainan province.
Trade tensions
The premier’s arrival in Beijing comes against the backdrop of mounting trade tensions between the European Union and China. The European Commission, which oversees the bloc’s trade policy, announced last month that it planned to impose five-year import duties of up to 36% on electric vehicles imported from China.
Read more Subscribers only In retaliation for possible electric vehicle taxation, China launches anti-dumping investigation into EU dairy products
Also last month, Beijing launched a probe into EU subsidies for some dairy products imported into China. In June Beijing launched an anti-dumping investigation into pork imports from the bloc in response to an application submitted by a local trade grouping on behalf of domestic producers.
Partner service
Learn French with Gymglish
Thanks to a daily lesson, an original story and a personalized correction, in 15 minutes per day.
Try for free
The Iberian nation is the EU’s largest exporter of pork products to China, selling over 560,000 tonnes to the world’s second-largest economy last year at a total value of €1.2 billion ($1.3 billion), according to industry body Interporc.
Reuse this content
Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.
Comments are closed.