European Commission President von der Leyen upholds stability and dependability for Europe amid unpredictable circumstances
In the face of global economic turbulence, Ursula von der Leyen, the European Commission President, underscores the need for a stable and dependable Europe. Boasting the largest network of free trade agreements with 76 nations worldwide, the EU is turning into the go-to destination for countries yearning for a reliable trading partner.
Addressing the European People's Party (EPP) in Valencia, von der Leyen criticized the "unpredictable tariff policies" of certain governments, particularly the U.S., accusing them of destabilizing global trade and negatively impacting the most vulnerable citizens and businesses of all sizes.
Patronizing open markets, trade that benefits all, and fair commercial investment partnerships, von der Leyen urged for resistance against the encroaching uncertainty, disruption of supply chains, and excessive bureaucracy. She emphasized that the EU must stick to its principles of free trade and forge ahead with ongoing agreements, such as those with Mercosur, Mexico, and Switzerland.
Furthermore, the EU is negotiating with a host of nations, including India, Indonesia, the United Arab Emirates, the Philippines, and Malaysia, to broaden its global economic reach. In her speech, von der Leyen underscored the EU's appeal as a fair, reliable, and rule-bound trading partner, vowing to persist in this strategic course.
In a world dominated by unpredictability, the EU seeks to uphold its values and defend its strengths, irrespective of threats from neighboring nations. Remarkably, a dozen countries are eager to join the EU, anxious to become part of the community bloc.
Expanding on her vision, von der Leyen also touched upon the EU's proposal for a new community directive aimed at fortifying migration policy, as well as increased investment in defense and security.
Following her lead, it appears that the EU is determined to navigate the stormy waters of global trade, relying on negotiation rather than confrontation to foster mutually beneficial economic outcomes.
[1] von der Leyen's emphasis on reliability and stability in a globally uncertain market - Financial Times[2] von der Leyen's advocacy for dialogue and moving away from tariffs as a primary tool for resolving trade issues - CNBC[3] von der Leyen's diversification of EU trade partners in response to strained relationships with the U.S. - Politico[4] EU's preparation of countermeasures to protect its trade interests - EU Observer
- The EU, led by President Ursula von der Leyen, is advocating for a dependable and stable Europe in the face of world economic unpredictability, as reported in the Financial Times.
- In a shift from traditional trade methods, von der Leyen is urging for dialogue to replace tariffs as a primary tool for resolving trade issues, as noted by CNBC.
- Responding to strained relationships with the U.S., von der Leyen is spearheading the diversification of EU trade partners, as detailed by Politico.
- As threats to its trade interests arise, the EU is preparing countermeasures to protect its economic position, as reported by the EU Observer.
