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Transcripts for BBCNEWS Talking Business 20240604 23:51:00

but earlier this year you told a session in parliament that there was a need to speed up this transition. what you need to speed up and how are you going to do that? speeding up as a challenge several countries are facing especially countries like morocco who have really progressive and green in their energy strategy so speeding up is related to fur some of the challenges that we are facing internationally. remember, we cannot do this out of a vacuum in the world is just coming out from not only a couple of years of a historic pandemic but a total dislocation of supply change in value chains affecting also renewable energy as well and the way we trade solar panels and windmills and under speeding up democracy and many many countries you notice

Transcripts for BBCNEWS Asia Business Report 20240604 01:33:00

off ties with the world s second largest economy. china is the eu s biggest trading partner so a new word started popping up this weekend, the concept of de risking and moving supply change away from china and moving your dependency on the economy away. a compromise slightly but beijing s new this was a smear and that the original economic coercion was coming from the us. china has banned its key operators of its infrastructure from using products by us memory chip maker micron after it accused the manufacture of failing its network security

Transcripts for BBCNEWS Asia Business Report 20240604 00:33:00

the difference between outlining the concern and doing something about it is the tricky bit for these countries and the us wants to go in hard heavy on investment and in china all kinds of export bans but the reality for most countries is you cannot break off ties with the world s second largest economy. china is the eu s biggest trading partner so a new word started popping up this weekend, the concept of de risking and moving supply change away from china and moving your dependency on the economy away. a compromise slightly but beijing s new this was a smear and that the original economic coercion was coming from the us. a meeting of countries in the quad, the us, japan, australia and india, took place on the sidelines of the g7 in hiroshima and it came after china announced plans to increase its defence spending by 7%. i spoke with a member of a think tank earlier

Transcripts for BBCNEWS Asia Business Report 20240604 23:33:00

the concern and doing something about it is the tricky bit for these countries and the us wants to go in hard heavy on investment and in china all kinds of export bans but the reality for most countries is you cannot break off ties with the world s second largest economy. china is the eu s trading partner so a new word started popping up this weekend, the concept of de risking and moving supply change away from china and moving your dependency on the economy away. a compromise slightly but beijing s new this was a smear and that the original economic coercion was coming from the us. a meeting of countries in the quad, the us, japan, australia and india, took place on the sidelines of the g7 in hiroshima and it came after china announced plans to increase its defence spending

Transcripts for BBCNEWS BBC News 20240604 10:10:00

the export of items critical to russia on the battlefield . the new sanctions are expected to target individuals and entities across europe, the middle east and asia. britain and the eu have indicated they want to restrict the trade of russian diamonds. more now from our correspondent shaimaa khalil in hiroshima. today was the ceremonial side of things. japan, the prime minister sending the message to the world, welcoming the g7 leaders. it comes down to the nitty gritty, now you sit down and you come out with this communication about the agenda. front and centre is ukraine and the war, but there is so much else to talk about. supply change, how do you stop your dependence on china, on russia s money? it is easier said

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