Weekly International Trade Events(2)

Weekly International Trade Events(2)

1. Russia reduces import dependence on key economic sectors

Russian President Putin recently signed a presidential decree to approve the new version of Russia's "National Security Strategy." The new document shows that Russia has shown its ability to withstand the pressure of foreign sanctions in recent years, and pointed out that the work of reducing the dependence of key economic sectors on imports will continue.

2. The European Union approves the 800 billion euro revitalization plan of the twelve countries

The EU Finance Minister recently formally approved the revitalization plan submitted by the 12 EU countries. The plan is worth about 800 billion euros (about 6 trillion yuan) and will provide grants and loans to countries including Germany, France and Italy, aiming to promote economic recovery after the new crown epidemic.

3. The European Central Bank promotes the digital euro project

Recently, the European Central Bank's digital euro project has taken an important step and was allowed to enter the "investigation stage", which may finally make the digital euro land around the middle of 2021-2030. In the future, the digital euro will supplement rather than replace cash.

4. Britain will ban the sale of new diesel and petrol heavy goods vehicles

The British government recently announced that it will ban the sale of new diesel and gasoline heavy trucks from 2040 as part of the country’s plan to achieve net zero emissions for all vehicles in 2030. In this regard, the UK also plans to build a net-zero railway network by 2050, and the aviation industry will achieve net-zero emissions by 2040.