German Economy Minister Says EU Open for Talks on China Tariffs

German Vice Chancellor and Economy Minister Robert Habeck poses for pictures alongside National Development and Reform Commission (NDRC) Chairman Zheng Shanjie following the opening session of the German-Chinese Climate and Transformation Dialogue in Beijing, China June 22, 2024. REUTERS/Maria... Purchase Licensing Rights
German Vice Chancellor and Economy Minister Robert Habeck poses for pictures alongside National Development and Reform Commission (NDRC) Chairman Zheng Shanjie following the opening session of the German-Chinese Climate and Transformation Dialogue in Beijing, China June 22, 2024. REUTERS/Maria... Purchase Licensing Rights
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German Economy Minister Says EU Open for Talks on China Tariffs

German Vice Chancellor and Economy Minister Robert Habeck poses for pictures alongside National Development and Reform Commission (NDRC) Chairman Zheng Shanjie following the opening session of the German-Chinese Climate and Transformation Dialogue in Beijing, China June 22, 2024. REUTERS/Maria... Purchase Licensing Rights
German Vice Chancellor and Economy Minister Robert Habeck poses for pictures alongside National Development and Reform Commission (NDRC) Chairman Zheng Shanjie following the opening session of the German-Chinese Climate and Transformation Dialogue in Beijing, China June 22, 2024. REUTERS/Maria... Purchase Licensing Rights

Germany's Economy Minister Robert Habeck said during his visit to China on Saturday that the European Union's door is open for discussions regarding EU tariffs on Chinese exports.

"What I suggested to my Chinese partners today is that the doors are open for discussions and I hope that this message was heard," he said in his first statement in Shanghai, after meetings with Chinese officials in Beijing, Reuters reported.

Habeck's visit is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles (EVs) to combat what the EU considers excessive subsidies.

Habeck said there is time for a dialogue between the EU and China on tariff issues before the duties come into full effect in November and that he believes in open markets but that markets require a level playing field.

Proven subsidies that are intended to increase the export advantages of companies can't be accepted, the minister said.

Another point of tension between Beijing and Berlin is China's support for Russia in its war in Ukraine. Habeck noted Chinese trade with Russia increased more than 40% last year.

Habeck said he had told Chinese officials that this was taking a toll on their economic relationship. "Circumventions of the sanctions imposed on Russia are not acceptable," he said, adding that technical goods produced in Europe should not end up on the battlefield via other countries.



Saudi Arabia Secures Top Spot in Arab Region, 20th Globally in QI4SD

A drone view shows the last supermoon of 2024 dubbed "Beaver Moon" during early hours of moon-rise over Riyadh, Saudi Arabia, November 15, 2024. (Reuters)
A drone view shows the last supermoon of 2024 dubbed "Beaver Moon" during early hours of moon-rise over Riyadh, Saudi Arabia, November 15, 2024. (Reuters)
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Saudi Arabia Secures Top Spot in Arab Region, 20th Globally in QI4SD

A drone view shows the last supermoon of 2024 dubbed "Beaver Moon" during early hours of moon-rise over Riyadh, Saudi Arabia, November 15, 2024. (Reuters)
A drone view shows the last supermoon of 2024 dubbed "Beaver Moon" during early hours of moon-rise over Riyadh, Saudi Arabia, November 15, 2024. (Reuters)

Saudi Arabia came first in the Arab region Middle East and North Africa in the Quality Infrastructure for Sustainable Development Index (QI4SD) 2024 released biennially by the United Nations Industrial Development Organization (UNIDO).

It also came in the 20th position globally, climbing 25 places compared to the 2022 index.

Key elements of quality infrastructure assessed in the index encompass standards, metrology, standardization, accreditation, conformity assessment, and national policies.

Saudi Standards, Metrology and Quality Authority (SASO) Governor Dr. Saad bin Othman Al-Qasbi said the positions in the index mirror the national efforts led by SASO in collaboration with the Saudi Accreditation Center and pertinent stakeholders from the public and private sectors.

These positions bolster Saudi Arabia's global standing and help achieve a more prosperous and competitive economy, he added in a statement.

Al-Qasbi praised the evolution of the Kingdom's quality system and its impact on living standards, economic growth, and business operations, which have contributed to Saudi Arabia's advancements in global rankings.

Saudi Arabia's place among the top 20 nations is testimony to its dedication to boosting quality infrastructure and refining its legal framework and regulations.