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China is resisting protectionist temptations, EU says
Published in Saudi Press Agency on 08 - 05 - 2009

The global recession has not made China more any more protectionist, European Union officials said today after two
days of talks that saw Brussels and Beijing jointly call for a swift
conclusion to stalled global trade negotiations, according to dpa.
"Protectionist temptations are everywhere. But we have not seen
China turn more protectionist as a result of the (economic) crisis,"
said Mauro Petriccione, the EU official in charge of bilateral
relations with China.
While the EU remains unhappy about China's reluctance to open up
its markets, Petriccione praised the country for not introducing a
United States-style "Buy American" clause in the area of public
procurement.
"There are issues where we are concerned ... but the crisis has
not made things worst. And the reason for that is that the Chinese
have exactly the same concerns as us," Petriccione said.
The official said China was also showing a greater willingness to
reach a compromise and accommodate its concerns within the context of
the Doha round of talks of the World Trade Organization (WTO).
Initiated in 2001, the Doha Development Round aims to lower trade
barriers around the world. However, the talks have stalled amid
divisions between the world's richest nations and major developing
countries such as China and India.
Earlier Friday, EU Trade Commissioner Catherine Ashton said trade
and investment would play a key role in leading the world out of
recession.
"The EU and China therefore stand together today in calling for
the swift conclusion of the Doha (Development) Round, which will help
us trade our way out of recession," Ashton said after talks with
Chinese Vice-Premier Wang Qishan.
No fewer than nine EU commissioners and 12 Chinese government
ministers met for two days in Brussels to discuss closer cooperation
between two of the world's biggest economies.
This was the second time that such an EU-China High-Level Economic
and Trade Dialogue meeting was held since its launch, in November
2007.
During the latest talks, both sides said it was crucial to stick
to the conclusions of a recent Group of 20 meeting in London, in
which world leaders vowed to avoid protectionist measures.
The delegations also exchanged views on how best to tackle climate
change, how to better protect consumers from dangerous products and
how to safeguard intellectual property rights.
China is Europe's fastest growing export market, with the
continent exporting 78.4 billion euros (105 billion dollars) worth of
goods to China in 2008.
However, the trade balance remains heavily tipped in China's
favour, with Chinese manufacture exports to Europe totalling 248
billion euros during the same year.
The EU hopes to strengthen the presence of its small- and medium-
sized businesses in China by opening an assistance centre in Beijing
by the end of the year.


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