Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BRUSSELS, July 23 (Xinhua) — The European Union is stepping up talks with the United States to resolve an ongoing trade dispute while developing a range of possible countermeasures in case the talks fail, European Commission trade spokesman Olof Gill told Xinhua in an e-mailed statement on Wednesday.
"The EU's main focus is on achieving a result in the negotiations with the United States. Intensive contacts at the technical and political levels continue," he said.
As O. Gill pointed out, while diplomacy remains a priority for the EU, the ground is also being prepared for alternative outcomes, including additional countermeasures. As part of this preparation, he said, the EU plans to combine two existing lists of countermeasures into a single, streamlined package.
“In order to improve the clarity, simplicity and effectiveness of our countermeasures, we will combine Lists 1 and 2 into one list and submit it to Member States for approval,” the official spokesperson explained.
The statement said the combined document would include the already approved tariffs on €21 billion ($24.6 billion) of American goods and the previously proposed additional tariff list covering €72 billion of American exports. However, the combined measures would not come into force until August 7.
Later on Wednesday, EU Commissioner for Trade Policy and Economic Security Maroš Šefčovič is expected to hold talks with US Commerce Secretary Howard Lutnik ahead of the Commission's briefing at the Committee of Permanent Representatives of the EU Member States. –0–
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