. Military Space News .
TRADE WARS
Polish president calls trade with China 'insufficient'
by AFP Staff Writers
Warsaw (AFP) Feb 9, 2021

Polish President Andrzej Duda pressed Chinese counterpart Xi Jinping on Tuesday to boost trade with Central and Eastern European countries, calling economic ties with Beijing "insufficient".

Speaking during an online summit between Xi and some regional leaders, Duda said he wanted "more tangible and mutually beneficial results".

Duda suggested they be "primarily in the form of China's increased imports of goods and services from Central and Eastern European countries and a greater influx of Chinese greenfield investments."

He said more balanced trade relations would serve as a basis for post-pandemic economic recovery.

Duda urged China in particular to "lift administrative restrictions on imports of agricultural goods from Poland".

Xi said that China intended to import more than $170 billion (141 billion euros) worth of goods from Central and Eastern Europe over the next five years.

He also promised to "speed up" the entry into China of agri-food products from these countries.

Asked about Duda's comments, China's vice foreign minister Qin Gang told media: "The most important thing is that our partners make products that are competitive and win the hearts of Chinese consumers."

Tuesday's meeting was of the 17+1 group, a forum for cooperation between ex-communist European states and China that was launched in 2012.

At the time, Beijing vowed to commit $10.5 billion in credit lines and funds to boost economic ties with the region, but analysts say cash injections have been slow to materialise.

Polish Prime Minister Mateusz Morawiecki also underscored Tuesday a huge trade deficit with China.

He estimated the value of Polish imports from China at $26 billion and the value of its exports at $3.0 billion.

"We have been striving for years to at least narrow this gap," he said.

Along with other EU countries, Poland has embraced China's Belt and Road trade infrastructure project despite concerns that it could lead to growing Chinese influence on the continent.

Czech President Milos Zeman greeted Xi Tuesday as a "good and long-time friend" and said Czech companies were also ready to take part in the project.


Related Links
Global Trade News


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
France says won't ratify Mercosur deal in 'current form'
Paris (AFP) Feb 4, 2021
France will not ratify a draft trade deal between the European Union and the Mercosur bloc "in its current form", trade minister Franck Riester told AFP on Thursday. The government wants guarantees on the protection of the environment and on health norms from Mercosur's members Argentina, Brazil, Paraguay and Uruguay before it approves the deal that was agreed in principle in 2019 after two decades of negotiations, he said. "We will not be satisfied with a political declaration on environmental ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Hypersonic and Ballistic Tracking Space Sensor Phase IIb Awards

Northrop builds command centers for Poland's air, missile defense system

Israel delivers second Iron Dome Defense System battery to U.S.

Congress adds $1.3B to Missile Defense Agency's budget in spending bill

TRADE WARS
U.S. Navy to arm amphibious vessels with long-range missiles

Britain buys SPEAR3 missiles for F-35B fighter planes in $748.3M deal

AFRL demonstrates critical new warhead technologies for high speed weapons

Projectile concept shows potential to extend munition range to more than 100km

TRADE WARS
Fabricating fully functional drones

Citadel Defense wins major contract for AI powered counter drone system

Kongsberg Geospatial improves BVLOS drone operations safety with a horizonless air picture

Unmanned aerial vehicles to scale new heights thanks to NASA

TRADE WARS
Northrop Grumman gets $3.6B for work on Air Force communications node

Skynet 6A passes Preliminary Design Review

Northrop Grumman lands $325M deal for Air Force JSTARS sustainment

ThinKom completes Over-the-Air tests with K/Q-Band antenna on protected comms satellite

TRADE WARS
Sig Sauer delivers Next Generation Weapons System prototypes to US Army

WeaponONE demonstrates digital twin technologies that deliver software-defined capabilities

British army's 'detect and destroy' battlefield system uses AI

Teams selected to produce critical, on-demand stocks from military waste

TRADE WARS
Austin asks hundreds of Pentagon policy advisers to resign

Biden administration pauses arms deals with UAE, Saudi Arabia for review

Italy makes permanent arms sale freeze to Saudi Arabia

Biden freezes giant UAE jet package, Saudi arms for review

TRADE WARS
Planned U.S. troop drawdown in Germany frozen, under review

Britain, Japan reinforce defense, security cooperation

Navalny jailing to burden, not break, Russia-EU ties

Repairing US democracy key to China rivalry, Biden aide says

TRADE WARS
New technique builds super-hard metals from nanoparticles

Scientists see competition of magnetic orders from 2D sheets of atoms

Atomic-scale nanowires can now be produced at scale

Weak force has strong impact on nanosheets









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.