BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
By

BRUSSELS: EU chief Charles Michel will meet President Xi Jinping in Beijing next week to seek help on ending Russia’s war on Ukraine and in rebalancing trade between China and Europe, officials said Thursday.

The president of the European Council, who represents EU leaders, has sought talks with Xi for months and was able to secure a date at last week’s G20 summit, they said.

“We will discuss global challenges as well as subjects of common interest,” Michel tweeted as he announced his trip.

A European official, speaking on condition of anonymity, said EU leaders had given Michel a mandate to speak to China at a debate on ties with Beijing at their summit last month.

He will meet Xi, China’s powerful leader, as well as Prime Minister Li Keqiang and Wu Bangguo, chairman of the standing committee of the Chinese People’s Congress.

At the top of his agenda are the threats to world stability posed by Russia’s invasion of Ukraine and China’s own threat to seize Taiwan, which Beijing sees as Chinese territory.

A European official said it was critical for Europe that China not provide weapons to Russia and not help Moscow evade EU and US economic sanctions.

And he added that on Taiwan, that there was a need to “de-conflict” the situation.

“What is critical is that rules are the basis of our international order,” he said.

“What we want to pass to China is that we need a world where the UN is at the centre and both Russia’s aggression and possibly conflict around Taiwan are a true danger.”

On the economy, the official said Michel would pursue the goal of finding a way to reduce Europe’s trade deficit with China, which he estimated at 700 million euros per day.

“So that’s quite huge and we need to find ways to rebalance this,” he said.

The trip comes amid a lively debate between European Union capitals as to how to handle relations with a China which has become ever more assertive under Xi’s rule.

The United States is pushing its Western allies to align themselves against China. But some EU members with important trade links resist splitting world affairs into two camps.

Michel walks a line between Germany, with its important economic interests in China, and EU members like Lithuania, which has attracted Beijing’s anger by building links with Taiwan.

Comments

Comments are closed for this article.