According to Italian Foreign Minister Antonio Tajani, “freedoms of trade, commerce and navigation are fundamental for global commerce and growth.”
Establishing common rules for international businesses is the goal of the G7 Trade, according to Italian Foreign Minister Antonio Tajani. which opened Tuesday in Villa San Giovanni, a port city in Calabria, at the tip of the Italian boot.
This summit brings together for two days the trade ministers of the G7 member countries, to which are added this year six partner countries: India, Turkey, Brazil, South Korea, Vietnam and New Zealand.
“We want to ensure that companies have a level playing field on global markets”said Antonio Tajani in his opening speech at the summit. “We must enable our companies to compete on an equal footing in all markets”.
The minister also focused on the central issue of sustainability.
“With the Secretary-General of the OECD, we will discuss the key role that trade can play in combating climate change in favour of balanced and sustainable growth”he adds.
In the final declaration of the G7 summit held in June in Puglia, The group’s leaders expressed their “concerns over China’s continued industrial targeting”which according to them leads “a market distortion and a situation of harmful overcapacity” in many sectors.
On the sidelines of the G7 Trade, Antonio Tajani declared that China was “a competitor with whom Italy wanted to maintain constructive relations”.