China and the European Parliament have agreed to lift restrictions on mutual exchanges simultaneously, a move expected to boost momentum into China-EU ties, says Alberto Turkstra from Diplomatic World.
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00:00China and the European Parliament have decided to simultaneously and comprehensively lift restrictions on mutual exchanges as agreed by the two sides.
00:10Now, according to Alberto Turkstra, Project Manager at Diplomatic World, a Brussels-based quarterly international magazine,
00:17this move will inject new impetus into the sustained, healthy and stable development of China-Europe relations.
00:23Against the backdrop of the Trump administration's trade protectionism and tariffs,
00:30China and Europe have common vital interests in stabilizing global trade rules, safeguarding the multilateral system and building a diversified trade network.
00:40Turkstra added the two sides can fully carry out pragmatic cooperation to inject valuable stability and certainty into the global economy and trade.
00:49I think that for the EU and China, in this turbulent world, we have to live now with a transatlantic partnership with so many question marks over it.
00:59It's the perfect time to join forces for a stable world.
01:04We are two great civilizations, so we will agree to disagree on some matters,
01:08but that does not take away the fact that there is plenty of room, opportunities for corporate, the business community.