Former EU Council President Herman Van Rompuy has highlighted the pressing issue of the trade deficit between the European Union and China. In a recent interview with China Media Group, Rompuy emphasized the need for the EU to further open its markets and enhance its competitiveness on the global stage.
Rompuy pointed out that achieving a balanced trade relationship requires ensuring that China operates under the same fair competition conditions within the European market. He acknowledged the presence of other economic irregularities but stressed that addressing these matters is delicate yet essential for fostering a stable economic environment.
Advocating for a multilateral approach, Rompuy stated, “The world should strive for multilateralism and open markets as much as possible.” His remarks underscore the importance of collaborative international efforts to create equitable trade conditions and mitigate economic disparities between major global economies.
Reference(s):
World should strive for multilateralism: Former EU Council President
cgtn.com
