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European Commission: Potential US Diesel Export Ban Could Harm Both Sides

Qiyas summary

The European Commission expresses concern over a potential US ban on diesel exports and its negative impact on both sides.

Translated by Qiyas from كونا — Original source

Brussels, September 24 (KUNA) – The European Commission expressed its concern on Thursday regarding reports of potential U.S. plans to ban diesel exports, warning of the negative repercussions of such a move for both sides. Commission spokesperson Olof Gill said in a press statement in Brussels that the potential measure “could have a negative impact on both sides,” adding that the European Commission has conveyed this position to its American counterpart “at the highest levels.” He pointed to ongoing high-level communications between the European Union and the U.S. administration, and anticipated that “close partners would consult with each other before taking measures that affect shared markets.” U.S. media reports indicated that the United States is preparing to impose a 90-day ban on diesel exports amid rising prices ahead of the midterm congressional elections. (End) A.R.N. / F.S.

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