Hungary’s Foreign Minister Peter Szijjarto has slammed the European Union’s decision to impose tariffs on Chinese-made electric vehicles (EVs), labeling it as harmful to the EU economy and “anti-democratic.”
Speaking at the Istanbul Energy Forum in Türkiye on Friday, Szijjarto expressed regret over the EU’s move, highlighting that only 10 out of the 27 member states supported the decision. “We are in favor of enhancing cooperation with China, especially economic cooperation,” he said, noting the significant presence of Chinese investors in Hungary.
Szijjarto emphasized the importance of strengthening trade ties with China rather than imposing restrictive measures. “The EU should make better and more active cooperation with China when it comes to trade and economy,” he added.
On October 29, the EU announced tariffs of up to 45.3% on Chinese electric vehicles for at least five years—a decision that has sparked controversy among member states and industry players.
In response, a spokesperson from China’s Commerce Ministry stated on November 8 that progress had been made in negotiations with the EU regarding a proposed price commitment plan concerning Chinese EVs.
As the global market for electric vehicles continues to expand, Szijjarto’s comments underscore the tensions within the EU over trade policies and the balance between competition and cooperation with key global partners like China.
Reference(s):
cgtn.com
