The Leaders recognised the importance of keeping markets open and of fighting protectionism, highlighting that the interdependence of global production operations requires deepening the evaluation of implications of global value chains on world trade, economic growth and development.
The Leaders decided to extend the implementation of the Joint Executive Plan of the Strategic Partnership, which reflects both sides’ commitment to continue building a closer, deeper and more mature relationship by means of concrete actions and joint initiatives.
The Leaders reaffirmed their commitment to promote sustainable economic growth in their respective regions. This requires a suitable atmosphere for private investment, including the promotion of economic integration, trade liberalisation and respect for private property.
The Leaders expressed their unwavering support to strengthening the multilateral trading system and underlined its primacy in regulating international trade and its central importance to accelerating global economic growth.
© European Council
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article