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EU Sets October Deadline for Trade Balance with China

2 sourcesFirst reported 22 days agoUpdated 22 days ago

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The European Commission has set an October deadline for China to provide results.
EU Trade Commissioner Maros Sefcovic emphasized the unsustainability of the current trade imbalance.
The trade deficit between the EU and China exceeded 360 billion euros last year.
Discussions included trade and investment consultations on various key issues.
A joint statement was issued for the first time since 2019, marking renewed talks.

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AI summary: catch up in 20 seconds

The European Commission has set an October deadline for China to provide results.
EU Trade Commissioner Maros Sefcovic emphasized the unsustainability of the current trade imbalance.
The trade deficit between the EU and China exceeded 360 billion euros last year.
Discussions included trade and investment consultations on various key issues.
A joint statement was issued for the first time since 2019, marking renewed talks.

Generated by AI from the 2 sources below · always verify with the originals