Skip to Content Facebook Feature Image

European stocks close higher on Thursday

HotTV

HotTV

HotTV

European stocks close higher on Thursday

2026-06-26 13:06 Last Updated At:13:59

European stocks closed higher across the board on Thursday.

The United Kingdom's FTSE 100 index rose 0.65 percent to close at 10,529.89 points. France's CAC 40 index gained 0.55 percent to finish at 8,431.61 points. Germany's DAX index advanced 1.03 percent to end the session at 24,994.83 points.

European stocks close higher on Thursday

European stocks close higher on Thursday

China delivered a joint statement on behalf of a group of nearly 20 countries at the 62nd session of the United Nations Human Rights Council on Thursday, to expose and condemn the hegemonic practice of unilateral tariff under the pretext of "forced labor."

The joint statement was delivered by Jia Guide, China's permanent representative and ambassador to the United Nations Office at Geneva and other international organizations in Switzerland.

The joint statement pointed out that the eradication of poverty hinges on safeguarding everyone's right to work and the right to development.

"We firmly oppose forced labor. At the same time, we are also seriously concerned about, and firmly oppose, the imposition of additional duties on other economies on the basis of unilateral accusations alleging a failure to curb imports of goods produced with so-called forced labor," the joint statement said.

The arbitrary imposition of tariff under the guise of so-called anti-forced labor measures will only infringe upon the right to development and the right to decent work of hardworking workers. Such practices can only destabilize global industrial supply chains and undermine collective efforts to eradicate poverty, according to the joint statement.

The joint statement emphasized that China urges relevant countries to respect facts, refrain from politicizing trade issues and weaponizing human rights, uphold the international economic and trading order and contribute to global development through tangible actions.

The joint statement has received widespread support, with Russia, Pakistan, Venezuela, Sudan, Cambodia and other countries cosponsoring it, and many developing countries have echoed China's position.

China condemns tariff abuses under pretext of "forced labor"

China condemns tariff abuses under pretext of "forced labor"

Recommended Articles