EU, US increase cooperation to counter the turmoil of the Ukrainian war

US Secretary of State Antony Blinken, US Secretary of Commerce Gina Raimondo, Vice-President of the European Commission Margrete Vestager, Vice-President of the European Commission Valdis Dombroski, Foreign Minister Jean Yves Le Dorian of France, and others. A family photo before dinner with guests at the European Union Trade Technology Council Summit in Paris on May 15, 2022. (Pool via Kevin Lamarck / Reuters)

Paris — The European Union and the United States agreed on Monday to work more closely to combat the disruption in the supply of industrial products and food caused by Russia’s invasion of Ukraine.

EU and US officials have been convened in Paris for the Second Trade and Technology Council, a forum initially considered a transatlantic counterweight to China, but now with a clear focus on Russia as well. I’m guessing.

In a joint statement, the two allies said Russia would make further adjustments to what it described as a “special military operation” in Ukraine and to mitigate the negative impact on the reconstruction of the Ukrainian economy.

The European Union and the United States will strive to reduce excessive reliance on specific trading partners in order to promote a more diverse trade in agricultural products and inputs and increase the resilience of global food production.

Both sides also agreed to work together to reduce the reliance on unreliable sources of strategic supply and jointly mitigate the negative effects of a sudden supply rupture of critical materials from Russia.

The cross-Atlantic trade block is a semiconductor with transparency and early warning system, cooperating with diverse supply chains of rare earth magnets and solar power generation, agreeing to avoid subsidy competition in the chip sector. He said he would try to overcome the shortage.

The European Union and the United States also accused the Kremlin of undermining freedom of speech and said they had “repeatedly used veil of fake information” to cover up war crimes committed by Russian troops.

“We also believe it is important to fight Russia’s disinformation in third countries, including food security, including G7 partners,” the joint statement said.