Biden: Agreement with the EU to remove customs tariffs on a number of goods

International
  • 31-10-2021, 18:47
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    Baghdad-INA 
     The US President Joe Biden announced an agreement with the European Union to remove tariffs on a number of goods.
    "It was agreed with the European Union to suspend tariffs on steel and aluminum," Biden said, in a joint press conference with European Commission President Ursula von der Leyen, at the conclusion of the Group of Twenty summit in Rome.
    Sources informed with the G20 summit negotiations revealed that the leaders agreed to surpass the climate goal agreed upon at the 2015 Paris summit, which stipulates limiting warming to less than two degrees Celsius, and set it at (1.5) degrees.
    According to the draft statement, the G20 will stop financing new coal plants internationally by the end of 2021.
    In turn, diplomatic sources accompanying the discussions of the Group of Twenty stated that the hours last night were long and difficult among the delegations participating in the summit, but at the end, it seems that the final statement will carry declarations and decisions, and that there is hope for recording understandings on the climate and green environment, according to Al-Hurra correspondent.
    It was agreed first to work on reducing the Earth's temperature by one and a half degrees, and to approve an amount of one hundred billion dollars to finance the response to climate change under the name "Mid-Century Environment", it mean by the year 2050, to eliminate carbon dioxide emissions.
    The issue of the use of fossil coal, which is used by China and many emerging countries in their industries, is still a matter of debate until now.