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High-ranking EU official warns about dependencies

The EU Director General for Trade, Sabine Weyand, has warned against dependence on China. Following Russia’s invasion of Ukraine, international trade has received a boost, Weyand said in an interview with the Financial Times. However, EU countries would now also see the need to diversify their trade. “We found out that we are dependent on Russia not just for fossil fuel, but on a number of critical raw materials,” Weyand said. The situation is similar with China, she warns: “And there also we have to be careful: We never know when dependencies might get weaponized.”

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