Page 270 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

5/30/25, 4:40 PM EU, UAE launch free trade talks amid US tariff pressure - World - Chinadaily.com.cn
According to a press release of the Commission, Commissioner for Trade and Economic Security
Maros Sefcovic and UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi met in
Dubai to reaffirm their shared vision for the agreement and agree on a roadmap, with substantive
work expected to begin as early as June.

The first meetings of negotiating teams will focus on reducing tariffs on goods and facilitating
services, digital trade and investment flows. Talks will also explore ways to boost trade in strategic
sectors, such as renewable energy, green hydrogen and critical raw materials.

Sefcovic emphasized that a bilateral FTA would unlock "tremendous business opportunities" for
both European and Emirati enterprises, while also bolstering the EU's regional engagement with
Gulf Cooperation Council (GCC) member states.

European Commission President Ursula von der Leyen hailed the launch of the talks as a
"significant milestone", noting that the agreement would deepen EU-Gulf ties, create new
opportunities for European businesses, and strengthen cooperation in key areas such as renewable
energy and digital technologies.

To address the uncertainty of US trade policy, the EU is strengthening cooperation with other
economies to promote trade diversification and reduce its reliance on the United States.

Last Friday, US President Donald Trump announced that he is "recommending a straight 50 percent
Tariff on the EU, starting on June 1, 2025". But after a phone call with von der Leyen on Sunday, he
agreed to postpone the planned tariff increase until July 9. On Tuesday, Trump welcomed the EU's
decision to proceed with negotiations, calling it a positive step, but he again warned that he would
enforce trade measures if a deal is not reached.

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