Macron and Scholz Call for Re-balancing China Trade

Chancellor Scholz will have to balance encouraging words on economic cooperation with the EU's strident message accusing China of unfair subsidies © JOHN THYS / AFP/File
Chancellor Scholz will have to balance encouraging words on economic cooperation with the EU's strident message accusing China of unfair subsidies © JOHN THYS / AFP/File
TT

Macron and Scholz Call for Re-balancing China Trade

Chancellor Scholz will have to balance encouraging words on economic cooperation with the EU's strident message accusing China of unfair subsidies © JOHN THYS / AFP/File
Chancellor Scholz will have to balance encouraging words on economic cooperation with the EU's strident message accusing China of unfair subsidies © JOHN THYS / AFP/File

French President Emmanuel Macron and German Chancellor Olaf Scholz called on Friday for a "re-balancing" of trade relations between Europe and China on the eve of the German leader visiting Beijing.

In a video call between the two European leaders, they also discussed the impact of the war in Ukraine on European security, officials in Macron's office said.

Scholz travels to China this weekend for a delicate three-day trip at a time when the West is sharpening its tone towards Beijing, both about its trade practices and its closeness to Moscow, AFP reported.

The European Union has accused China of inundating Europe with subsidised goods sold at below-market prices.

The European Commission on Tuesday opened a probe into Chinese wind turbine suppliers, following investigations into state aid for solar panels, electric cars and trains.

In their call, Macron and Scholz also underlined the need to "spur European competitivity", notably by deepening pan-European capital markets, a project that would require harmonising financial rules across the bloc, but which has been held up by disagreements between Paris and Berlin.

The two also reaffirmed their "unwavering and long-term support for Ukraine" and "discussed European initiatives to provide military support for Ukraine," Macron's office said.

The French president has been expected to visit Ukraine for several weeks, but he has said he will only make the trip when he has something concrete to bring.

Macron and Scholz will meet face-to-face at a joint French-German cabinet meeting May 28 in Meseberg, near Berlin, which will coincide with a state visit to Germany by the French president.



GACA Authorizes ITA Airlines to Operate Regular Flights Between Saudi Arabia and Italy

GACA Authorizes ITA Airlines to Operate Regular Flights Between Saudi Arabia and Italy
TT

GACA Authorizes ITA Airlines to Operate Regular Flights Between Saudi Arabia and Italy

GACA Authorizes ITA Airlines to Operate Regular Flights Between Saudi Arabia and Italy

Saudi Arabia’s General Authority of Civil Aviation (GACA) announced on Tuesday that Italian Airlines (ITA) will begin regular passenger flights between the Kingdom and Italy.

The flights will operate from Rome to Riyadh during the summer season of 2024, with five flights per week starting from June 2.

This initiative is part of GACA's efforts to improve air connectivity and link the Kingdom to the global network, which aligns with the objectives of Saudi Vision 2030.

The goal is not just to establish the Kingdom as a global logistics hub, but also to open up a world of travel opportunities, expanding horizons in alignment with the National Aviation Strategy.