On a recent episode of LeadersTalk, Finnish President Alexander Stubb highlighted the growing trend of protectionism worldwide and emphasized the urgent need for multilateral cooperation. Reflecting on his speech at the United Nations, Stubb expressed concern over countries increasingly retreating into nationalistic interests.
“We are starting to see tariffs and protectionism coming in,” Stubb noted, pointing to recent developments where the European Commission imposed anti-subsidy taxes on electric vehicles from the Chinese mainland. He stressed that such moves could escalate trade tensions and hinder global economic growth.
Stubb called for a collective shift away from self-interest, urging nations to find common ground and compromise. “It’s imperative that we work together to address shared global challenges,” he said. “No country can tackle issues like climate change, economic instability, or pandemics alone. Cooperation is not just beneficial—it’s necessary.”
The Finnish president’s remarks come at a time when global supply chains and international relations are being tested. His appeal for unity resonates with many who believe that collaborative efforts are the key to overcoming the obstacles faced by the international community today.
Stubb concluded by stating, “We must prioritize multilateralism and open dialogue. By doing so, we can build a more stable and prosperous future for all.”
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Finnish president: Cooperation needed amid rising protectionism
cgtn.com
