Liberal Forum

The bloc is reportedly unwilling to pursue the hawkish stance on trade with Beijing and Moscow being promoted by Washington

The European Union does not intend to condemn Russia and China for "economic coercion" in its joint trade strategy with the US, Bloomberg reported on Tuesday citing a draft document.According to the outlet, the US has been advocating a more confrontational stance on China, while members of the EU have been reluctant to adopt a hawkish approach despite embracing the concept of "de-risking" regarding outbound investment, which is endorsed by both Washington and Brussels.The EU reportedly seeks to reduce its economic exposure to the Asian powerhouse by signing on to the US-led policy of curbing Beijing's access to advanced technologies. At the same time, the bloc is struggling to maintain a balance in relations with Washington and China, which remains an important trading partner for the EU.France and Italy objected to references to China as a non-market economy during internal meetings, Bloomberg reported citing sources familiar with the document.While previous strategy drafts called out China's "anti-competitive and harmful non-market policies and practices," in particular in the semiconductor sector, the latest version does not include that language.
The US also proposed accusing China and Russia of "economic coercion" in earlier drafts of the document. The final text of the trade strategy mentions the problem but avoids calling out the two countries by name, Bloomberg said.Washington and Brussels initially pushed for a text saying they had an "interest in preventing the narrow set of technological advances that are assessed to be core to enhancing the military and intelligence capabilities of actors who may use these capabilities to undermine international peace and security, from being fueled by our companies' capital, expertise, and knowledge."The latest version reportedly says that the transatlantic partners "recognize that appropriate measures designed to address risks from outbound investment could be important."US and EU representatives have reportedly agreed on a simplified draft avoiding harsh rhetoric while still enumerating the core issues. The document is expected to be published after the conclusion of the trade meeting between the two sides, which is taking place in Sweden on Tuesday and Wednesday.

​​​​​​https://www.rt.com/business/577151-eu-u ... sia-china/

 
 

Majik » 30 May 2023, 1:14 pm » wrote: ↑

30 May 2023, 1:14 pm

The bloc is reportedly unwilling to pursue the hawkish stance on trade with Beijing and Moscow being promoted by Washington

The European Union does not intend to condemn Russia and China for "economic coercion" in its joint trade strategy with the US, Bloomberg reported on Tuesday citing a draft document.According to the outlet, the US has been advocating a more confrontational stance on China, while members of the EU have been reluctant to adopt a hawkish approach despite embracing the concept of "de-risking" regarding outbound investment, which is endorsed by both Washington and Brussels.The EU reportedly seeks to reduce its economic exposure to the Asian powerhouse by signing on to the US-led policy of curbing Beijing's access to advanced technologies. At the same time, the bloc is struggling to maintain a balance in relations with Washington and China, which remains an important trading partner for the EU.France and Italy objected to references to China as a non-market economy during internal meetings, Bloomberg reported citing sources familiar with the document.While previous strategy drafts called out China's "anti-competitive and harmful non-market policies and practices," in particular in the semiconductor sector, the latest version does not include that language.
The US also proposed accusing China and Russia of "economic coercion" in earlier drafts of the document. The final text of the trade strategy mentions the problem but avoids calling out the two countries by name, Bloomberg said.Washington and Brussels initially pushed for a text saying they had an "interest in preventing the narrow set of technological advances that are assessed to be core to enhancing the military and intelligence capabilities of actors who may use these capabilities to undermine international peace and security, from being fueled by our companies' capital, expertise, and knowledge."The latest version reportedly says that the transatlantic partners "recognize that appropriate measures designed to address risks from outbound investment could be important."US and EU representatives have reportedly agreed on a simplified draft avoiding harsh rhetoric while still enumerating the core issues. The document is expected to be published after the conclusion of the trade meeting between the two sides, which is taking place in Sweden on Tuesday and Wednesday.

​​​​​​https://www.rt.com/business/577151-eu-u ... sia-china/

Interesting article.  It is encouraging but maybe a bit too rosy.

The Atlanticist Neocons are psychopaths who blew up a German pipeline.

These people are capable of any evil, any atrocity, any crime in the pursuit of EMPIRE.

Sumela » 30 May 2023, 1:27 pm » wrote: ↑

30 May 2023, 1:27 pm

Interesting article.  It is encouraging but maybe a bit too rosy.

The Atlanticist Neocons are psychopaths who blew up a German pipeline.

These people are capable of any evil, any atrocity, any crime in the pursuit of EMPIRE.

It's only rosy because it was written by a reporter from Bloomberg......
They cannot be totally honest or it would offend and alienate their neocon readers ....


 

Majik » 30 May 2023, 1:34 pm » wrote: ↑

30 May 2023, 1:34 pm

It's only rosy because it was written by a reporter from Bloomberg......
They cannot be totally honest or it would offend and alienate their neocon readers ....

You have a solid point there
 

The EUs concerns are valid. Russia & China currently have the best relationship in their history.

Couple Russia's massive amounts of resources/commodities
with China's industrial power.....POWERHOUSE

Sumela » 30 May 2023, 1:40 pm » wrote: ↑

30 May 2023, 1:40 pm

The EUs concerns are valid. Russia & China currently have the best relationship in their history.

Couple Russia's massive amounts of resources/commodities
with China's industrial power.....POWERHOUSE

They will be a force with which to reckon.

And I do mean force.

Russia better watch the **** out...  

DeezerShoove » 30 May 2023, 9:45 pm » wrote: ↑

30 May 2023, 9:45 pm

They will be a force with which to reckon.

And I do mean force.

Russia better watch the **** out...

LOL
 

bottom line: usa will get its ww3. and eu will be drug in. most usa citizens do not realize what is planed for them. "better dead than allowing the worlds economy to grow", is the future of usa and eu citizens.

walkingstick » 30 May 2023, 10:37 pm » wrote: ↑

30 May 2023, 10:37 pm

bottom line: usa will get its ww3. and eu will be drug in. most usa citizens do not realize what is planed for them. "better dead than allowing the worlds economy to grow", is the future of usa and eu citizens.

russia and china must melt washington d.c. . before usa kills more people around the world. this will save a large part of the world's population. usa took this action, by dropping atom bombs on japan. russia and china must learn from what usa did.

walkingstick » 30 May 2023, 10:44 pm » wrote: ↑

30 May 2023, 10:44 pm

russia and china must melt washington d.c. . before usa kills more people around the world. this will save a large part of the world's population. usa took this action, by dropping atom bombs on japan. russia and china must learn from what usa did.

rather than atom bombs. all states should dissolve the federal government.

Seems the world is slowly turning their backs on BIDEN REGIME.

Even India and Saudi Arabia.

Im proud of all these countries, but it is very bad for America.