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Xi calls for 'proper handling of frictions' with EU

Xi calls for 'proper handling of frictions' with EU

Perth Nowa day ago
Chinese President Xi Jinping has urged top European Union officials to "properly handle differences and frictions" as he criticised Brussels' recent trade actions against Beijing at a tense summit dominated by trade concerns and the Ukraine war.
Expectations were low for the summit in the Chinese capital marking 50 years of diplomatic ties after weeks of escalating tension and wrangling over its format, with the duration abruptly halved to a single day at Beijing's request.
"The current challenges facing Europe do not come from China," Xi told visiting European Commission President Ursula von der Leyen and European Council President Antonio Costa, state news agency Xinhua said.
He urged the EU to "adhere to open co-operation and properly handle differences and frictions", after von der Leyen earlier called for a rebalancing of trade ties with the world's second largest economy, saying relations were at an "inflection point".
"Improving competitiveness cannot rely on 'building walls and fortresses', Xi added, according to Xinhua. "'Decoupling and breaking chains' will only result in isolation."
"It is hoped that the European side will keep the trade and investment market open and refrain from using restrictive economic and trade tools," he said.
During the meeting in Beijing's Great Hall of the People, von der Leyen told Xi: "As our co-operation has deepened, so have imbalances," according to a pool report.
"We have reached an inflection point," she added, urging China to "come forward with real solutions".
She was referring to the EU's trade deficit with China, which ballooned to a historic 305.8 billion euros ($A544 billion) last year.
EU trade actions in the past year have targeted Chinese exports of EVs among other goods, and its officials have repeatedly complained about Chinese industrial overcapacity.
In a further veiled criticism of Brussels' recent hawkish stance on China, Xi also warned EU leaders to "make correct strategic choices".
The two EU officials are set to meet Chinese Premier Li Qiang later. Both sides hope to reach a modest joint statement on climate, now one of the rare bright spots in their co-operation.
In a posting on X, however, von der Leyen struck a more conciliatory tone, describing the summit as an opportunity to "both advance and rebalance our relationship".
Topics the Europeans are expected to raise in the talks are electric vehicles and China's rare earth export controls that disrupted supply chains worldwide, causing temporary stoppages in European automotive production lines in May.
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Iran, EU hold 'frank' nuclear talks, as sanctions loom
Iran, EU hold 'frank' nuclear talks, as sanctions loom

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Iran, EU hold 'frank' nuclear talks, as sanctions loom

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Iran, EU hold 'frank' nuclear talks, as sanctions loom
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Tehran says it will continue nuclear talks with European powers after "serious, frank, and detailed" conversations, the first such face-to-face meeting since Israel and the US bombed Iran last month. Before the meeting in Istanbul, Iran also pushed back on suggestions of extending the United Nations resolution that ratifies a 2015 deal, nearing expiry, that was designed to curb its nuclear program. Delegations from the European Union and so-called E3 group of France, Britain and Germany met Iranian counterparts for about four hours at Iran's consulate for talks that the UN nuclear watchdog said could provide an opening to resume inspections in Iran. Iranian Deputy Foreign Minister Kazem Gharibabadi said afterwards that both sides had presented specific ideas on sanctions relief and the nuclear issue. "While seriously criticising their stances regarding the recent war of aggression against our people, we explained our principled positions, including on the so-called snapback mechanism," he said. "It was agreed that consultations on this matter will continue." The European countries, along with China and Russia, are the remaining parties to the 2015 deal, from which the US withdrew in 2018. It lifted sanctions on Iran in return for restrictions on its nuclear program. A deadline of October 18 is fast approaching, when the resolution governing that deal expires. At that point, all UN sanctions on Iran will be lifted unless the "snapback" mechanism is triggered at least 30 days before. This would automatically reimpose those sanctions, which target sectors from hydrocarbons to banking and defence. To give time for this to happen, the E3 have set a deadline of the end of August to revive diplomacy. Diplomats say they want Iran to take concrete steps to convince them to extend the deadline by up to six months. Iran would need to make commitments on key issues, including eventual talks with Washington, full cooperation with the UN's International Atomic Energy Agency (IAEA), and accounting for 400 kilograms of near-weapons-grade highly enriched uranium, whose whereabouts are unknown since last month's strikes. Before the talks, an Iranian foreign ministry spokesperson had said Tehran considered talk of extending UN Security Council Resolution 2231 to be "meaningless and baseless". IAEA head Rafael Grossi said he was optimistic that nuclear inspection visits might be able to restart this year and that it was important to discuss the technical details now. "We need to agree on where to go, how to do it. We need to listen to Iran in terms of what they consider should be the precautions to be taken," he told reporters in Singapore. The United States held five rounds of talks with Iran before its air strikes in June, which US President Donald Trump said had "obliterated" a program that Washington and its ally Israel say is aimed at acquiring a nuclear bomb. However, NBC News has cited current and former US officials as saying a subsequent US assessment found that while the strikes destroyed most of one of three targeted nuclear sites, the other two were not as badly damaged. Iran denies seeking a nuclear weapon and says its program is meant solely for civilian purposes.

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