China Proposes Great Britain to Negotiate Free Trade Agreement



[ad_1]

China on Monday proposed to Britain to discuss a free trade deal after its exit from the European Union in order to move closer to London while a fierce trade war continues with the United States.

But the Chinese Foreign Minister reiterated that his country's door is open to dialogue with Washington in this regard.

China seeks allies in its trade war with the United States, initiated by the Donald Trump administration, which claims that Chinese high-tech companies have stolen intellectual property from US companies and require that Beijing buys more US goods to reduce its trade surplus.

Britain has sent a strong message to Chinese companies: they are totally open to business as they prepare to leave the EU next year and China is the only country in the world. one of the countries where Britain wants to sign a free trade agreement.

Foreign Minister and State Councilor Wang Yi told reporters in Beijing after meeting with British Foreign Minister Jeremy Hunt that the two countries had agreed to promote trade and trade. 39; investment.

Hunt said that Wang had proposed "to start discussions on a possible free trade agreement between Britain and China following the exit of the EU … This is the welcome and we said we will explore it ". Hunt did not give more details.

Wang did not explicitly mention the free trade negotiations, but said the two countries "agreed to work together on pro-development strategies in both countries in a proactive manner and develop trade and mutual investment. "

Wang said the two countries should also oppose trade protection and support and protect free world trade.

Wang criticized Washington at the press conference and said that "the responsibility for trade imbalances between China and the United States does not fall on China." He said that the United States had greatly benefited from trading with his country by getting a lot. Cheap products for the benefit of US consumers, such as US companies have also benefited greatly in China.

Wang adds that it is the United States that has triggered the current tension and that the two countries should solve their problems within the framework of the World Trade Organization and not according to American law.

"China does not want to wage a trade war, but in the face of this hostile behavior of the United States and the violation of rights, we can only take countermeasures."

"China's door is always open in terms of dialogue and negotiation, but dialogue must be based on equality, mutual respect and rules … all threats and pressures unilateral can only be reversed. "

[ad_2]
Source link