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The European Union wants to avoid being “dependent” on China like Russian gas

The European Union wants to avoid being “dependent” on China like Russian gas

The head of diplomacy for the 27 countries, Josep Borrell, said on Saturday that the European Union seeks to avoid dependence on China as it does for Russian gas, and called for boosting trade with Latin America.

We discovered that addictions, which were the building blocks of peace, are also weapons that can turn against usBorrell said, pointing to Europe’s excessive dependence on Russian gas.

This was highlighted by the Russian invasion of Ukraine, whereby Moscow restricted gas shipments to Europe and forced the continent to find other supply routes.

According to him, this is his addiction Leave to think about it [Vladimir] Putin that he could invade Ukraine with impunity because Europe, captive to our gas consumption, 40% of which comes from Russia, will not respond..

We want to avoid that our relationship with China makes us as dependent as we have been on RussiaHe said during his speech at the Ibero-American Summit in Santo Domingo, Dominican Republic.

Head of diplomacy inEuropean Union I felt like the year 2023 was major general To make agreements elsewhere, with Latin America in particular, in view of the summit betweenEuropean Union and the Community of Latin American and Caribbean States in mid-July.

Europe and Latin America have an opportunity to show that their trade relationship is always a source of progressBorrell continued, adding that European investment in Latin America is higher than in Russia, China, India and Japan reunited.

According to a report by the Economic Commission for Latin America and the CaribbeanUnited nations36% of the $142 billion in foreign investment in the region came from Europe in 2021.

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