January 2, 2023, 23:51 – Public News Service – OSN

Head of Diplomacy European Union Josep Borrell argued that the organization is not capable of providing state support to corporations to the extent that they do United States of Americaand does not plan to enter into competition with the state in this field.

On his own website, he noted that the EU does not stop raising topics that intersect with the Law on reducing the level of inflationary processes.

This legislation, which was approved by US leader Joseph Biden, concerns an increase in subsidies for the purchase of electric vehicles produced on the territory of the state, and other initiatives aimed at reducing the inflationary losses faced by the state.

“This legislation is based on a philosophy completely different from the one we preferred. It does not provide for (setting – ed.) the cost of carbon emissions and mainly involves important government subsidies to companies that produce goods using environmentally friendly technologies on American soil, ”Borrell shared his view on the current situation.

He drew attention to the fact that representatives from European countries who continue to enter into deals with the American side suffer because of such measures. It follows from his statement that this law is contrary to WTO restrictions.

Recall that the press service of the Ukrainian president shared information that on February 3, a summit between Kyiv and the European Union will be held in the capital of the state.

On the official portal of the politician, a publication about his negotiation process with the head of the European Commission, Ursula von der Leyen, was distributed. Special attention is paid to the fact that they raised the topic of possible goals for the future negotiation process. More about it read in material Public News Service.