In a recent interview with China Media Group, Herman Van Rompuy, the former president of the European Council, emphasized the importance of multilateralism and open markets in addressing economic challenges between the European Union and China.
\"There is a trade deficit issue between the EU and China,\" Rompuy acknowledged. He suggested that the EU needs to further open its markets and become more competitive. \"The EU must ensure that China has the same fair competition conditions in the European market,\" he stated, underscoring the need for fairness and reciprocity in trade relations.
Rompuy also alluded to \"other irregularities\" affecting the economic relationship between the two regions. \"This is a delicate matter,\" he admitted, \"but it's an economic issue, and the world should strive for multilateralism and open markets as much as possible.\"
His comments highlight a call for cooperation and openness in international trade, advocating for policies that foster global economic growth through collaboration rather than isolation.
Reference(s):
World should strive for multilateralism: Former EU Council President
cgtn.com
