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EU: VdL Talks On Tariffs, Geopolitics, Energy & EU-China Relations

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European Commission President Ursula von der Leyen has been speaking at the World Economic Forum meeting in Davos. On relations with the US, VdL says 'The first priority with the US will be to engage early...EU is ready to negotiate with the US...We will be pragmatic, but will always stand by our principles.'

  • On global geopolitical situation: 'We need to work together to avoid a global race to the bottom...We must balance the imperative to safeguard our security against our opportunity to innovate and enhance our prosperity...The use of sanctions, export controls and tariffs is likely to increase...We have entered a new era of harsh geostrategic competition...To sustain our growth in the next quarter of the century, Europe must shift gears.'
  • On energy and green agenda: 'EU must continue to diversify energy supplies, and expand clean sources of generation from renewables...EU has to invest in next-gen clean energy tech...We must remove any remaining barriers to our energy union...All of this will be part of a new plan that we will present in Feb...[it is] time to complete our union also on energy, so that clean power can run freely across our continent, and bring prices down for all Europeans.'
  • On relations w/China: 'EU should strive for mutual benefits in conversation with China...We must engage constructively with China, to find solutions in our mutual interest...It is time to pursue a more balanced relationship with China, in a spirit of fairness and reciprocity.'
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European Commission President Ursula von der Leyen has been speaking at the World Economic Forum meeting in Davos. On relations with the US, VdL says 'The first priority with the US will be to engage early...EU is ready to negotiate with the US...We will be pragmatic, but will always stand by our principles.'

  • On global geopolitical situation: 'We need to work together to avoid a global race to the bottom...We must balance the imperative to safeguard our security against our opportunity to innovate and enhance our prosperity...The use of sanctions, export controls and tariffs is likely to increase...We have entered a new era of harsh geostrategic competition...To sustain our growth in the next quarter of the century, Europe must shift gears.'
  • On energy and green agenda: 'EU must continue to diversify energy supplies, and expand clean sources of generation from renewables...EU has to invest in next-gen clean energy tech...We must remove any remaining barriers to our energy union...All of this will be part of a new plan that we will present in Feb...[it is] time to complete our union also on energy, so that clean power can run freely across our continent, and bring prices down for all Europeans.'
  • On relations w/China: 'EU should strive for mutual benefits in conversation with China...We must engage constructively with China, to find solutions in our mutual interest...It is time to pursue a more balanced relationship with China, in a spirit of fairness and reciprocity.'