Billateral collaboration

Beyond the protocol statements, Pedro Sánchez’s recent visit to Beijing and meetings with the Chinese government has several readings. The most immediate affects how to mitigate the adverse effects of possible sanctions by the Chinese government on Spanish exports as a response to EU sanctions to China. It is important to try to defuse a trade war in which the first victims are the EU countries. We lose an important market at the expense of protectionism that leverages relative weakness due to lack of coordination, high costs and a problem of scale.
Even more important is the exploration of areas where effective collaboration can be achieved in technological and logistical fields. Spain’s privileged position as a hub for the EU, Africa and Latin America is the most important asset to play. It is necessary a change of mind to improve the mutual understaning, to be extended to third countries, also.
We hope that the signed action protocols will allow progress in these and other areas for mutual benefit, as soon as possible..

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