Categories
Integrated Solutions Offering

Spains Sanchez urges negotiated solution to China-EU trade tensions [Video]

Spanish Prime Minister Pedro Sanchez called for “a negotiated solution” at the World Trade Organisation (WTO) to end a stand-off between Beijing and the European Union.

Sanchez’s visit to China has seen him meet top officials including President Xi Jinping and call for “dialogue and cooperation” with the world’s second largest economy.

The trip comes against the backdrop of mounting trade tensions between the European Union and China, primarily over Beijing’s subsidies for its electric vehicles sector.

Speaking at the inauguration of the Spain-China Business Forum in economic powerhouse city Shanghai, Sanchez called for a “a European Union and a China open to the world, beyond geopolitical and economic tensions”.

“That’s why we are betting on honest dialogue to solve existing tensions, that result in large part from the imposition of tariffs on Chinese electric vehicles,” he added.

“And what do we propose from Spain? A solution negotiated and agreed …

Watch/Read More