US And China Reach Historic Climate Change Deal, Vow To Cut Emissions
US And China Reach Historic Climate Change Deal, Vow To Cut EmissionsUS And China Reach Historic Climate Change Deal, Vow To Cut EmissionsUS And China Reach Historic Climate Change Deal, Vow To Cut EmissionsChina and the U.S. struck new climate, military, trade and visa agreements during a marathon two days of talks, as presidents Barack Obama and Xi Jinping made significant strides in improving an often-tense relationship. In an unexpected move, the two leaders on Wednesday unveiled substantial new commitments to curb greenhouse gas emissions, with China agreeing for the first time to stop increases in carbon dioxide emissions by around 2030 or earlier, U.S. officials said. Messrs. Xi and Obama also reached two new agreements designed to avert military confrontations in Asia, one on notifying each other of major activities, such as military exercises, and the other on rules of behavior for encounters at sea and in the air. Shortly before the summit, the two sides completed deals to issue 10-year tourist and business visas and to drop tariffs on semiconductors and other information-technology products, which backers say could cover $1 trillion in trade. Our relations are now standing at a new historical point, Mr. Xi said at their meeting on Wednesday, calling their cooperation a new model for relations. Im ready to work with you in this direction. There are important differences that we have both practically as well as our vision for our respective countries and our conduct in foreign policy, Mr. Obama said, but he added that they try to work together when they can.
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