00:47

Tariffs on Chinese EVs harmful to EU: Hungarian FM

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STORY: Tariffs on Chinese EVs harmful to EU: Hungarian FM
SHOOTING TIME: Nov. 22, 2024
DATELINE: Nov. 23, 2024
LENGTH: 00:00:47
LOCATION: ISTANBUL, Türkiye
CATEGORY: ECONOMY

SHOTLIST:
1. various of Istanbul city
2. various of Istanbul Energy Forum in Türkiye
3. various of Peter Szijjarto addressing Istanbul Energy Forum
4. SOUNDBITE (English): PETER SZIJJARTO, Hungarian Minister of Foreign Affairs and Trade

STORYLINE:

The European Union's (EU's) decision to levy tariffs on Chinese-made electric vehicles (EVs) is a bad decision harmful for the European economy, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said in Istanbul, Türkiye Friday.
   
Attending the Istanbul Energy Forum, a one-day event organized by Anadolu Agency under the auspices of the Turkish Ministry of Energy and Natural Resources, Szijjarto told Xinhua that Hungary regrets the EU's decision, which is "anti-democratic" as only 10 out of the 27 EU member states backed it.
   
SOUNDBITE (English): PETER SZIJJARTO, Hungarian Minister of Foreign Affairs and Trade
"We are in favor of enhancing cooperation with China. The European Union should make better and more active cooperation with China when it comes to trade and economy."
   
On Oct. 29, the EU announced a controversial decision to impose tariffs of up to 45.3 percent on Chinese EVs for at least five years.
   
On Nov. 8, a Chinese commerce ministry spokesperson said China and the EU had made progress in negotiations on a proposed price commitment plan concerning Chinese EVs.

Xinhua News Agency correspondents reporting from Istanbul, Türkiye.
(XHTV)

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