EU Unity and Trade

Spain and France Align on Welcoming UK Back to EU and China Trade

Spanish Prime Minister Pedro Sanchez and French President Emmanuel Macron have agreed to welcome the UK back to the EU and strengthen China trade defences. This comes as they prepare for elections in both Spain and France, where the far right is expected to make significant gains. The two leaders also called for greater flexibility in finding additional resources for the EU ahead of EU budget negotiations. Spain and Macron highlighted the importance of securing commitments from Chinese investors on technology transfer in key industries like autos. Spain is among a group of countries concerned that the pressure from major net contributors to the European budget to cut available funds would exacerbate inequality and reduce funds for farmers.

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