SHANGHAI: British foreign minister David Lammy on Saturday called for a resumption of dialogue between London and Beijing, urging the two sides to engage in “more diplomacy” as he concluded a rare diplomatic visit to China.
China and Britain are seeking to reset ties frayed in recent years by Beijing’s security crackdown in Hong Kong and human rights concerns including in its troubled Xinjiang region.
The new Labour government in London is under pressure to raise human rights abuses with China but also maintain ties with a major trading partner.
Lammy met with Chinese officials including his counterpart Wang Yi in Beijing on Friday, before traveling to financial hub Shanghai.
“UK policy in the past under the last government was not consistent and what I’m hearing is that we need consistency in our approach,” he told reporters on Saturday.
Lammy said he pressed his Chinese hosts on issues including Hong Kong, Xinjiang, and Taiwan, where Britain is “worried about some of the tensions that we see in the Taiwan Strait, because that is not in the interests of the global community.”
“There are values, areas where the UK government and our cultural approach will be different to China’s and there are important areas of national security where we will always put the UK’s national interests first,” Lammy said.
But he said there were also “areas where we can cooperate and collaborate with the Chinese.”
“I believe what you need is more diplomacy, not less. That’s why it’s so important to be here as a UK foreign secretary and to keep coming back,” Lammy said, adding that he would aim to meet Wang again next year.
Britain’s Lammy calls for ‘more diplomacy’ with China
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Britain’s Lammy calls for ‘more diplomacy’ with China
Trump cuts India tariffs as Modi ‘agrees’ to stop buying Russian oil
- US will impose an 18 percent tariff on Indian goods, down from the earlier 50 percent punitive levy
- Withdrawal from Russian oil may affect India’s relations with BRICS, expert says
NEW DELHI: The US and India have announced reaching a trade agreement after months of friction, with President Donald Trump saying that Prime Minister Narendra Modi had “agreed” to halt purchases of Russian oil.
In August, Trump accused India, which imports most of its crude oil, of funding Moscow’s war in Ukraine and subjected it to a combined tariff rate of about 50 percent on most of the exports.
Following a call with Modi on Monday, Trump took to social media to say that he would cut with immediate effect US levies on Indian goods to 18 percent after Modi “agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela.”
At the same time, India, Trump wrote, would “reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO,” committing to buy “over $500 BILLION DOLLARS of US Energy, Technology, Agricultural, Coal, and many other products.”
Modi confirmed the agreement on social media, saying: “Made in India products will now have a reduced tariff of 18 percent,” without commenting on Russian oil or duty-free imports of American goods.
When the US announced its punitive tariffs last year, India quickly moved forward with free trade negotiations with other countries — signing a deal with Oman and finalizing negotiations with New Zealand and the EU.
While the agreements were expected to partially offset the loss of exports to the US, economists did not expect they would immediately mitigate it, as shifting supply chains takes time.
The newly announced agreement with the US will therefore offer short-term relief for Indian exporters — especially of textiles, gems, jewelry and marine products — who were facing the threat of a market exit.
“In that case, the trade deal with the US is a welcome step. It provides short-term relief, allowing India to continue exporting to the US without being forced to exit the US market and diversify with a huge transition cost,” said Anisree Suresh, geoeconomics researcher at the Takshashila Institution.
“However, one shouldn’t look at it as a comprehensive long-term trade deal like the one India signed with the EU. The unpredictability of the Trump administration remains a major concern, regardless of whether there is a trade deal with the US ... India cannot treat this deal the same as other FTAs, as it is limited in scope and subject to reversal.”
When the US imposed its punitive tariffs on India, about 66 percent of total Indian exports were subject to that rate. Overall, India recorded a negative margin of 19.5 percent, meaning its exports were taxed more heavily than those of its competitors.
“From that point of view, Indian goods will have a larger market over there. However, there’s a problem when we talk about a 0 percent tariff on the US,” said Prof. Arun Kumar, a development economist.
“The US will be able to export a lot more to India, and therefore it will affect our production within the economy. And that will be a setback, so while exports may rise, the internal economy may actually suffer because of this decrease in tariffs on American goods. And especially if it affects agriculture.”
The sudden withdrawal from India’s partnership with Russia may not have a serious economic impact but politically could affect New Delhi’s relations, also with other countries, especially those from BRICS — a grouping that besides India and Russia includes also Brazil and China, and is the most powerful geopolitical forum outside of the Western world.
“You can always substitute Russian oil with some other oil, but I think it’s more of a strategic question, because India and Russia have had long-standing relationships, and if we bend to US pressure and reduce purchases from Russia, then it will affect in future also our relationship with Russia, because we will not be seen as a stable ally,” Kumar said.
“BRICS nations will not trust India very much in the future ... and that’s what Trump wants. He wants to disrupt BRICS. That’s what he has been doing right since the beginning to divide nations and deal with them individually.”
