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EU, US, China Meet On Maritime Transport Issues

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The European Union on Thursday said representatives from the maritime regulatory authorities of the EU, the People's Republic of China and the United States met in Brussels to discuss antitrust and regulatory issues in maritime transport. The delegates confirmed their renewed intention to cooperate on these matters.

Hosted by the European Commission's Directorate-General for Competition, this was the second official meeting between the three authorities, following the first maritime regulatory summit that took place in Washington in December 2013.

The discussions focused on the global trend towards increased cooperation in the liner shipping market, as well as on regulatory and policy issues related to ports. With the continued growth in scope of carriers' cooperation, the authorities considered that monitoring of the sector warrants ever closer contact and better communication between competition and regulatory authorities.

Delegates also discussed their respective enforcement activities and highlighted each authority's priority issues such as port congestion.

A joint statement by the European Commission, the Federal Maritime Commission and the Chinese Ministry of Transport said, "Today's exchanges have been a valuable opportunity to foster cooperation between our three authorities. We have identified areas of common importance and we look forward to continuing our constructive dialogue."

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