At a critical moment for global trade and green finance, Pierre Gramegna, managing director of the European Stability Mechanism, has emphasized that enhanced cooperation between the Chinese mainland and Europe is essential. Speaking exclusively with CGTN anchor Guan Xin, Gramegna underlined that as two major export-driven economies, the Chinese mainland and Europe share a mutual interest in upholding a multilateral trade system.
Amid rising US tariffs, both parties advocate reducing protectionism and resolving trade disputes through the WTO framework. Gramegna pointed out that stabilizing these international markets is not only beneficial for trade but is also crucial for supporting a sustainable and resilient green economy.
With the US showing declining focus on ESG investments, the call for stronger collaboration gains urgency. This strategic partnership could facilitate smoother financial systems and promote investments that drive the transition to a greener economic future.
For young global citizens, business innovators, and thought leaders alike, these developments are a reminder of the power of international cooperation in shaping a sustainable future. As discussions around trade and green finance intensify, the potential for transformative change through enhanced China-EU ties sparks optimism around the world.
Reference(s):
cgtn.com
