The bloc is reportedly unwilling to pursue the hawkish stance on trade with Beijing and Moscow being promoted by Washington
EU to break ranks with US on Russia and China trade – Bloomberg
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The European Union does not intend to condemn Russia and China for "economic coercion" in its joint trade strategy with the US, Bloomberg reported on Tuesday citing a draft document.
According to the outlet, the US has been advocating a more confrontational stance on China, while members of the EU have been reluctant to adopt a hawkish approach despite embracing the concept of "de-risking" regarding outbound investment, which is endorsed by both Washington and Brussels.
The EU reportedly seeks to reduce its economic exposure to the Asian powerhouse by signing on to the US-led policy of curbing Beijing's access to advanced technologies. At the same time, the bloc is struggling to maintain a balance in relations with Washington and China, which remains an important trading partner for the EU.
France and Italy objected to references to China as a non-market economy during internal meetings, Bloomberg reported citing sources familiar with the document.
While previous strategy drafts called out China's "anti-competitive and harmful non-market policies and practices," in particular in the semiconductor sector, the latest version does not include that language......More Below
https://www.rt.com/business/577151-eu-us-trade-strategy-russia-china/
Russian Foreign Ministry spokeswoman Maria Zakharova earlier said that the treaty provides for various forms of bilateral cooperation.
The comprehensive strategic partnership agreement between Russia and Iran has entered into force, Iranian Ambassador to Russia Kazem Jalali told Sputnik.
"It is already binding," Jalali said when asked about the date of entry into force of the agreement, as well as whether Iran had notified Russia of the completion of internal procedures.
He recalled that the treaty was ratified by both chambers of the Russian parliament, and Russian President Vladimir Putin signed it. At the same time, the document was ratified by the Iranian parliament, approved by the Guardian Council, and the president issued it as a law.
"Therefore, in both countries it currently has the form of a law and, naturally, has entered into force," Jalali said.
On January 17, Putin and his Iranian counterpart, Masoud Pezeshkian, met in Moscow to sign the Comprehensive Strategic ...
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The two-day emergency summit, organized under the auspices of The Hague Group -- a coalition co-chaired by Colombia and South Africa -- had representatives, ranging from such countries as Algeria and Brazil to Pakistan and Spain, in attendance.
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