Axar.az
UP
21 July 2018


EU to agree strong text against U.S. tariffs before G20

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

European Union finance ministers are set to agree on Friday a joint position before a meeting with their counterparts at the G20 next week, in which they criticize “unilateral” U.S. trade measures and back a firm response.

EU ministers will also call for more global action on tax transparency and against money laundering, and will push for an international digital tax reform by 2020, according to a draft text that will form their mandate at the G20 meeting of finance ministers in Buenos Aires on July 19-22.

“The EU promotes international cooperation to modernize the WTO,” the EU draft text, seen by Reuters, said citing the World Trade Organisation.

It added that the EU “rejects WTO-inconsistent unilateral measures by others.”

“In this respect, we regret the recent U.S. decisions to impose import tariffs, which leave the EU no choice but to react in an adequate, proportionate and reasonable manner in full respect of WTO rules,” the document said.

An EU official said the draft statement is already widely supported by the 28 EU states and will be on the table of EU finance ministers at their regular monthly meeting in Brussels on Friday.

Date
2018.07.12 / 17:55
Author
Axar.az
Comments
See also

Mattis opposes bid to remove Turkey from F-35 program

Macron security aide to be fired for beating protester

'Turkish Cypriots always stood for solution on island'

Iraqi court sentences seven Daesh terrorists to life

US sends team to Turkey to discuss Iran sanctions

Over 1.7 mln Syrian refugees to return to their homes

Russia’s Emergencies Ministry agrees joint demining steps

Israel’s Lieberman threatens ‘painful’ Gaza offensive

Government debt/GDP ratio above 86 pct in eurozone

France prepares for possible 'no deal' UK split with EU

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla