RIGA - The European Union is not a competitor to the United States, and the prosperity and unity of the EU helps the United States, Prime Minister Krisjanis Karins (New Unity) said at an Atlantic Council event in Washington, according to the Atlantic Council's website.
Karins said he was in Washington specifically to attract interest in the Latvian economy. "I want stronger Latvian-U.S. relationships through increased trade," he said. "I am looking for more U.S. investment into our economy." He argued that smaller Latvian firms can help large U.S. companies with specialized projects and provide a gateway into the larger European market.
"The [European Union] is the United States' most natural ally," Karins said. "It is a friend that you don't have to gain…[but] it is a friend that you can lose," he warned. "Europe without the United States and the United States without Europe are only half [powers]. Combined, [they are] the leading power in the world to protect these three fundamental [principles] that too many people take for granted: freedom, democracy, and the rule of law.”
Karins' visit comes just days after U.S. President Donald Trump's administration announced it was increasing the number of EU products it may potentially slap tariffs on by USD 4 billion. These potential new tariffs relate to an ongoing dispute over U.S. subsidies to aerospace company Boeing and European subsidies to its counterpart Airbus.
In July 2018, Trump said he thinks "the European Union is a foe" of the United States, especially considering "what they do to us in trade."
Karins pushed back on Trump's narrative of economic competition with the EU, arguing that the prosperity of the EU is in the United States' interest, especially as Washington seeks to counter China's unfair economic practices and reform the global multilateral trading system at the World Trade Organization.
"When you combine the EU market with the U.S. market, you have clear dominance in world affairs," Karins argued, which will be of increased importance in the next decades as it is determined "who will set the rules of future trade and future [international] relations."
Alluding to the drive by former Trump adviser Steve Bannon to weaken the European Union, Karins maintained that "the advantage that the United States has with a strong EU is incomparable to what the United States has with a divided EU."
Rather than a strong partner to tackle global challenges and confront Russia and China with, he added, the United States would essentially be left with a collection of weaker partners who could not offer Washington tangible assistance.
2024 © The Baltic Times /Cookies Policy Privacy Policy