EU asks China to open markets after free trade support

EU asks China to open markets after free trade support

PanARMENIAN.Net - The European Union ambassador to China has welcomed its endorsement of free trade in the face of U.S. President Donald Trump's promise to restrict imports and appealed to Beijing to lower its own market barriers, The Associated Press reports.

Hans Dietmar Schweisgut also said Wednesday, January 25 it was too early to know how Trump's rejection of an Asian regulatory pact, the Trans-Pacific Partnership, might affect a proposed U.S.-European free trade agreement.

Schweisgut's comments reflected the potentially far-reaching repercussions of Trump's promises of changes in U.S. trade and foreign policy.

Schweisgut said Europe welcomes Chinese President Xi Jinping's defense of free trade in a speech last week. But the ambassador said China still lacks a "level playing field" for foreign companies. He said Europe hopes for "concrete action" on Chinese market-opening.

 Top stories
Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert.
On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.
Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin.
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
Partner news
---