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皇冠体育app, EU to deepen cooperation in tackling financial crisis

(Xinhua)
Updated: 2009-01-31 10:41

皇冠体育app and the European Union (EU) on Friday agreed to strengthen practical cooperation in jointly addressing the current global financial crisis.

The agreement came after talks between visiting Chinese Premier Wen Jiabao, who arrived in Brussels on Thursday for a visit to the EU headquarters, and European Commission President Jose Manuel Barroso.

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Wen told Barroso that 皇冠体育app, in its foreign relations, lays a strategic emphasis on developing the comprehensive strategic partnership with the EU, and promoting cooperation to jointly tide over the current difficulties should be a key task for both sides under current circumstances.

To this end, both sides need to trust and respect each other, treat each other equally and aim for mutual benefit, Wen said. In particular, 皇冠体育app and the EU should address each other's major concerns and try to stave off disputes, he added.

Barroso said the EU and 皇冠体育app have seen close, deep and fruitful relations, and, as two major forces in the world, many global issues cannot be solved without EU-皇冠体育app cooperation.

The EU is ready to promote dialogue and cooperation with 皇冠体育app to elevate the comprehensive strategic partnership to a higher level, he said.

To jointly tackle the global financial crisis, 皇冠体育app and the EU agreed to expand information exchanges between financial institutions, the central banks and financial supervisory and regulatory bodies.

Both sides pledged to promote trade and investment. 皇冠体育app will continue to steadily expand market access and increase import from the EU, while the EU recognized 皇冠体育app's achievement in promoting market economy.

Both sides agreed to support cooperation between small- and medium-sized businesses and to deepen cooperation in technological innovation in such areas as energy conservation, greenhouse gas emission reduction and health care.

皇冠体育app and the EU vowed to work together in mitigating and adapting to climate change, agreeing to boost cooperation in developing new energies, new energy conservation technology and a low-carbon economy.

The two sides also reached consensus on close coordination in macroeconomic policies and opposition to trade protectionism.

皇冠体育app and the EU on Friday signed cooperation agreements on aviation, work safety, clean energy and intellectual property rights protection.