The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the
is the director general of the wto, ngozi okonjo iweala. will rising geopolitical tensions lead to the weaponisation of trade? ngozi okonjo iweala, welcome to hardtalk. thank you, stephen. now, you are one of the world s key advocates of ever freer trade, more globalisation. what s it like to be doing yourjob when the political tide across the world is running against you? the wto s purpose, the world trade organization, is. its purpose is to enhance living standards, to help create employment and to support sustainable development. there could be nothing more worthy than that. so, it s supposed to deliver for people. and that s what i want people to know about it, therefore. nobody could quarrel with those objectives and that sentiment, but the truth is you are a membership organisation with 160 plus members. you have clearly key members like the united states and china, and you can only work if there is an element of trust, of co operation, of a desire for common objectives
well, my guest today is the director general of the wto, ngozi okonjo iweala. will rising geopolitical tensions lead to the weaponisation of trade? ngozi okonjo iweala, welcome to hardtalk. thank you, stephen. now, you are one of the world s key advocates of ever freer trade, more globalisation. what s it like to be doing your job when the political tide across the world is running against you? the wto s purpose, the world trade organization, is. its purpose is to enhance living standards, to help create employment and to support sustainable development. there could be nothing more worthy than that. so, it s supposed to deliver for people. and that s what i want people to know about it, therefore. nobody could quarrel with those objectives and that sentiment, but the truth is you are a membership organisation with 160 plus members. you have clearly key members like the united states and china, and you can only work if there is an element of trust, of co operation, of a desire
in brussels in return for a reduced prison sentence. both qatar and morocco deny claims they bribed officials to win influence in parliament. good morning, sally will be with you at the top of the hour but now, hardtalk. welcome to hardtalk from geneva. i m stephen sackur. this place is home to the world trade organization, the institution whose purpose is to maximise free and fair international trade on the assumption that globalisation is good. so what happens when many governments and people around the world question that premise? well, my guest today is the director general of the wto, ngozi okonjo iweala. will rising geopolitical tensions lead to the weaponisation of trade? ngozi okonjo iweala, welcome to hardtalk. thank you, stephen. now, you are one of the world s key advocates of ever freer trade, more globalisation. what s it like to be doing your job when the political tide across the world is running against you? the wto s purpose, the world trade organization, is.
this is bbc news. we ll have the headlines and all the main news stories for you at the top of the hour as newsday continues, straight after hardtalk. welcome to hardtalk from geneva. i m stephen sackur. this place is home to the world trade organization, the institution whose purpose is to maximise free and fair international trade on the assumption that globalisation is good. so what happens when many governments and people around the world question that premise? well, my guest today is the director general of the wto, ngozi okonjo iweala. will rising geopolitical tensions lead to the weaponisation of trade? ngozi okonjo iweala, welcome to hardtalk. now, you are one of the world s key advocates of ever ngozi okonjo iweala, welcome to hardtalk. thank you, stephen. now, you are one of the world s key advocates of ever freer trade, more globalisation. what s it like to be doing your job when the political tide across the world is running against you? the wto s purpose, the wor