Premier Li Keqiang urges countries to guard against green trade barriers at P4G summit
In a video conference at the 2021 Green Growth Partnerships and Global Goals 2030 (P4G) Summit, Chinese Premier Li Keqiang urged countries to safeguard the multilateral trading system and protect it against new green trade barriers .
“It is crucial to protect the multilateral trading system with the World Trade Organization (WTO) within it, to protect it against new green trade barriers and to reject unilateralism and trade protectionism,” Li said at the meeting. his speech.
Experts see this comment as a statement against attacks on China by any country in the name of environmental protection.
Green barriers to trade generally refer to measures that restrict or prohibit international trade activities with the aim of protecting human health and environmental safety.
“Premier Li’s comments hint at a tendency by some countries, like the United States, to strike at China for alleged environmental protection purposes,” said Gao Lingyun, an expert from the Chinese Academy. of the Beijing Social Sciences which closely follows trade issues. He added that China should be cautious on this long-term path, although concrete policies have yet to be devised.
The United States, for example, is taking a tougher stance on the border carbon tax, with the Biden administration considering taxing imports from countries that fail to cut emissions. This use of border levies is primarily aimed at hitting China, as noted in some reports.
Other countries may take action, Gao said. For example, China’s use of thermal energy could be used as an excuse to increase taxes on certain products.
He also noted that the prime minister’s focus on safeguarding the multilateral trading system alongside the WTO could be an indication of China’s stance of pushing carbon emissions under the WTO. .
In addition to his call for multilateralism, Li also called on the international community to step up international cooperation against the pandemic and strengthen the global health governance system, saying the world should step up policy coordination through a “track rapid “, a” green lane “and other flexible means of protecting the stability of global industrial chains.
Li also stressed the need to continue a green and low-carbon transition, adding that the world should increase its support to developing countries in the areas of technology and finance.