BRUSSELS : Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the European Commission is set to say on Wednesday in its 'Green Deal Industrial Plan'.The plan is designed to outline how Europe can keep its place as a manufacturin
BRUSSELS : Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the European Commission is set to say on Wednesday in its"Green Deal Industrial Plan".
The EU draft document seen by Reuters will insist that trade and competition on net-zero industry be fair and say that some partners' initiatives can have undesired effects. "Europe and its partners must do more to combat the effect of these unfair subsidies and prolonged market distortion," said the draft, which could still be changed before it is due to be published on Wednesday, a week from an EU leaders' meeting.
The Commission will seek to increase the EU's network of free trade agreements, build a global critical raw materials partnership and also deploy trade defence measures.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Digital, green economy cooperation among agreements signed during Malaysia PM Anwar's visit to SingaporeThe potential areas of cooperation include cross-border e-payment systems and electric vehicle charging points.
Read more »
Singapore and Malaysia sign agreements to deepen cooperation in digital and green economySINGAPORE – Singapore and Malaysia have agreed to strengthen bilateral co-operation and jointly seize opportunities in the digital economy and green economy, and to work closely on data protection and cyber security. Prime Minister Lee Hsien Loong and Malaysian Prime Minister Anwar Ibrahim witnessed the signing of three agreements covering these fields on Monday, during Datuk Seri Anwar's first official...
Read more »
Australia's Green still in the frame for India openerSYDNEY : All-rounder Cameron Green has not been ruled out of facing India in the first of four tests next month despite his finger injury, Australia coach Andrew McDonald said on Monday. Green broke his finger in the home South Africa series at the end of last year and has not played a match since, raisi
Read more »
Commentary: The end of Chinese lockdowns and the reopening of tradeRisks of disruption to ports and shipping are outweighed by a boost to global demand, says the Financial Times' Alan Beattie.
Read more »
Turkey alerts citizens to attack risks in US, Europe, on heels of Western warningsANKARA - Turkey warned its citizens on Saturday against “possible Islamophobic, xenophobic and racist attacks” in the United States and Europe after its Western allies cautioned their citizens in Turkey about possible terror attacks. Read more at straitstimes.com.
Read more »
Ronaldo's Saudi switch another symbol of Chinese football's declineHONG KONG: Cristiano Ronaldo's headline-grabbing arrival at Al Nassr on a bumper pay deal captured global attention last month, but in an alternate world, the five-time Ballon d'Or win
Read more »