European Union pushes for deeper Indo-Pacific ties in face of China concerns - Nikkei

Europe urged to launch fund to spur rare earth magnet output
Europe urged to launch fund to spur rare earth magnet output Copyright Thomson Reuters 2021
Copyright Thomson Reuters 2021
By Reuters
Share this articleComments
Share this articleClose Button

- The European Union will seek new digital partnerships with Japan, South Korea and Singapore, and closer trade and investment relations with Taiwan, in an effort to build influence in Asia, Nikkei reported on Tuesday, citing a draft Indo-Pacific strategy document.

The EU will seek to reinforce semiconductor value chains with Asian partners, the report added. The EU also pledges to pursue trade and investment relationships with partners with whom it doesn't have agreements, such as Taiwan, according to Nikkei.

The document expressed interest in working with the Quad security grouping - comprising the U.S., India, Japan and Australia - on subjects of common interest such as climate change, technology or vaccines, the report added.

Share this articleComments

You might also like

Athens turns orange as winds carry dust from Sahara desert

UK Home Secretary in Italy to discuss ways to tackle flow of illegal migrants

Italy passes law allowing pro-life groups access to abortion clinics