Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
MADRID, July 29 (Xinhua) — Spanish Prime Minister Pedro Sanchez on Monday called on the European Union (EU) to "diversify" the country's trade relations following the announcement of a new EU-U.S. trade deal late on Sunday.
Speaking at his residence in Madrid ahead of the summer parliamentary recess, P. Sanchez told the press that he “appreciated” “the efforts made by the European Commission.”
He said the trade deal showed that “one of the lessons Europe must learn in the face of the US administration is that we must act together in all aspects: in strategic autonomy and in commercial agreements with other countries.”
“We must diversify our commercial relations with blocs that want to reach an agreement with Europe, such as Mercosur,” said P. Sanchez, stressing that Spain’s foreign policy is based on “commitment to peace, reality and cooperation between nations.”
US President Donald Trump and European Commission President Ursula von der Leyen announced the new deal on Sunday after trade talks at Trump's golf club in Turnberry, South Ayrshire, Scotland.
While both leaders described the agreement as a step toward restoring “trade balance” and promoting more equitable bilateral trade, the deal allows the United States to impose broad 15 percent tariffs on EU goods while providing zero-tariff access to a range of strategic U.S. exports. In return, the EU has committed to purchasing $750 billion in U.S. energy and investing an additional $600 billion in the United States. –0–
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
.