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Tajani opens Trade G7 in Calabria (3)

Must ensure level playing field for global companies- minister

Redazione Ansa

(ANSA) - ROME, JUL 16 - Deputy Premier and Foreign Minister Antonio Tajani opened the G7 Trade Ministers meeting in the Calabrian port of Villa San Giovanni on Tuesday, stressing the need for global business to be conducted on a "level playing field".
    "The freedoms of trade, commerce and navigation are fundamental for global trade and growth," Tajani said.
    "We want to ensure a level playing field for businesses on global markets. We need to ensure a level playing field and shared rules to allow our companies to compete on an equal footing in every market".
    In the final statement of June's G7 summit in Puglia, the group's leaders expressed "concerns about China's persistent industrial targeting and comprehensive non-market policies", referring to "global spillovers, market distortions and harmful overcapacity" in many sectors.
    Tajani also addressed the B7 Summit organised by industrial association Confindustria on the sidelines of the G7, saying that "trade can increasingly become an instrument of global dialogue".
    He said the Trade G7 would show that "a message of peace and dialogue can start" after the assassination attempt on former United States President Donald Trump.
    "We will engage on the fundamental issue of the environmental sustainability of trade," Tajani added.
    "We want to make our economic systems more secure, addressing emerging global challenges such as artificial intelligence, an area in which the EU is at the forefront". (ANSA).
   

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