EFE.- Workers and companies in the United Kingdom will feel the benefits derived from agreements worth 600 million pounds (about 715 million euros) for the British economy forged with China during the Economic and Financial Dialogue being held in Beijing, according to what was indicated the British Treasury.
The Minister of Economy of the United Kingdom, Rachel Reeves, is visiting the Asian country today on a trip that is highly questioned in her country as it coincides with a moment of crisis in the national economy due to the increase in interest on debt bonds. sovereign.
According to the British Treasury today in a statement, Reeves was received today by her Chinese counterpart, He Lifeng, in order to support a “stable and balanced” relationship between both countries.
The note notes that both sides agreed to “deepen cooperation on issues such as financial services, trade, investment and climate to support safe growth while remaining frank and open about areas of disagreement.”
“The agreements we have reached show that pragmatic cooperation between the world’s largest economies can help us drive economic growth for the benefit of workers, a priority of our ‘Plan for Change,'” Reeves said, according to the statement from the Treasure.
“More broadly, today is a platform for future respectful and consistent relations with China, where we can be frank and open where we disagree, protect our values and security interests, and find opportunities for safe investment and trade.” added the head of Economy.
The Government of London recalls that this country is a leading financial services partner for China and therefore representatives of several companies in the sector with a substantial presence in the market, such as HSBC, Standard Chartered, Prudential, Schroders, or Fidelity International have accompanied Reeves on his journey.
Reeves’ agenda includes, among other commitments, exploring initiatives to improve capital market connectivity as well as other programs on pensions and sustainable financial cooperation.
Both sides have committed to improving existing channels to address more sensitive issues, such as the need to discuss national and economic security.
They have also agreed to strengthen the existing alliance on clean energy between both countries and commit to a dialogue on international development in order to work together with the objective of eradicating shared global challenges.
The statement reveals that the minister has been clear in her meetings in China to date about the importance of establishing open channels in areas where they disagree. In this sense, he urged China to cease its support for Russia’s defense industrial base, which allows Vladimir Putin’s regime to maintain its illegal war against Ukraine.
Additionally, Reeves addressed his Government’s “deep concern” about cases involving Chinese interference in British democracy and “malicious cyber activity emanating from China” while raising the issue of human rights and forced labour.
Follow us on Google News to always stay informed
Get inspired, discover and share. Follow us and find what you are looking for on our Instagram!
