China and European Union cancel restrictions: historical agreement that redesigns global commercial balances

John

By John

Following a agreementthe China and the European Parliament “They decided to simultaneously and completely abolish the restrictions on exchanges bilateral between the two parts ». The spokesman of Chinese Foreign Ministry Lin Jianspeaking in daily briefingobserved that “in recent years the exchanges between the parties they have undergone some setbacks For well -known reasons », the mutual sanctions.

In current circumstances, “the parties consider fundamental strengthen dialogue and cooperation»To encourage«communication And mutual understandingimprinting new momentum at the sustainable, healthy and stable development from the relations».

The agreement between China and the European Union is part of a global framework marked by the re -emergence of the protectionist tensions fueled during the Trump presidency, whose duties policy had started a season of commercial wars. This agreement, which removes bilateral barriers, could represent not only a strategic response to the United States isolationist approach, but also a direct challenge to their influence on global markets. Washington is likely to look with concern for a Europe increasingly economically integrated with Beijing, with possible repercussions on future transatlantic commercial negotiations.