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Finland hopes EU, China to value free trade

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Staff writer ▼ | September 10, 2013
Finnish Prime Minister Jyrki Katainen said that the European Union and China should attach more importance to the concept of free trade, especially when signals indicate possible recovery from economic crisis.
Jyrki Katainen
Jyrki KatainenFinnish Prime Minister Jyrki Katainen said that the European Union and China should attach more importance to the concept of free trade, especially when signals indicate possible recovery from economic crisis.


Katainen made the remarks in an interview with Xinhua reporters before his journey to China.

Believing that Europe is no longer a crisis hot spot, Katainen said it is very important for EU to work with China in an approach emphasizing the free trade philosophy.

"The more we can liberalize our trade relationship, the better for both, because it would help both European and Chinese companies to improve competitiveness and productivity," he said, "and of course there are a lot of opportunities for investment."

"Not all EU members have been interested in liberalizing trade, but luckily we have managed to collect a group of countries who have put those decisions forward," said Mr. Katainen.

The prime minister saw great potential in clean technology-related businesses, which concentrate on renewable energy, energy efficiency, environmental restoration and so on.

While China has been striving for more sustainable economy, its great need of clean technology plays a "very crucial role" in the world growth.

"That is the reason why I am coming to China. I can imagine that clean technologies, whatever it means, water cleaning, bio-fuel, energy saving, more efficient industrial processes, and city planning, could play a very big role in our trade relation."

Together with Environmental Minister Ville Niinisto, as well as a delegation representing 30 clean technology companies, Katainen will visit China and attend the Summer Davos Forum, also known as the World Economic Forum Annual Meeting of the New Champions, slated for Sept.11-13 in the northeast Chinese city of Dalian.

The theme of this year's gathering will concentrate on innovation. Industry, market and financial risks will also be discussed. The event is expected to bring together about 1,600 elites from all over the world.


 

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