EU and China to Hold Summit in July 🤝

The European Union (EU) and China are set to hold a summit in July, marking a significant moment as both sides commemorate 50 years of diplomatic relations. 🇪🇺🇨🇳

Ursula von der Leyen, the President of the European Commission, spoke with Chinese Premier Li Qiang in a phone call. She noted that the upcoming EU-China summit in July would be a fitting occasion to celebrate this milestone. 🎉

While there had been speculation about a summit in Brussels, Belgium, during the second half of the year, this is the first official mention of the timing. 🗓️

This summit gains particular attention amidst global trade uncertainties, especially following tariff impositions by the U.S. 💼 The EU has been navigating a delicate balance, having faced tensions over tariffs on Chinese electric vehicles and subsequent retaliatory measures from China. However, with potential shifts in the U.S. administration, the EU appears to be recalibrating its approach towards China, seeking to improve relations. 🤔

This meeting could be a crucial step in redefining the trade and diplomatic landscape between the two major global players. 🌍