Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Truss says to urge unity on energy security, migration at European summit-The Times

Published 06/10/2022, 03:24
Updated 06/10/2022, 03:25
© Reuters. British Prime Minister Liz Truss speaks on stage at Britain's Conservative Party's annual conference in Birmingham, Britain, October 5, 2022. REUTERS/Toby Melville

(Reuters) - The British government will urge unity over energy security and migration at the first European Political Community (EPC) summit on Thursday, British Prime Minister Liz Truss said in an op-ed in The Times newspaper.

The summit of the European Political Community (EPC) in Prague will bring together the 27 leaders of the European Union with 17 leaders from the continent currently outside the club, including Britain, Turkey, Norway and Ukraine.

It comes as the new prime minister is facing challenges at home, having had to make a U-turn on Monday on some tax plans that helped spark turmoil in financial markets. She also takes over as the country is facing soaring energy bills and a cost-of-living crisis.

In her opinion piece for the Times, Truss encouraged European leaders to end their reliance on Russian energy supplies. The war in Ukraine has made clear just how dependent Europe is on Russian supplies.

"(Russian President Vladimir) Putin is hoping he can divide us in a scramble for energy supplies. We must show him that he is wrong," Truss wrote.

Truss asked for help from France, Belgium and the Netherlands to guard against winter blackouts, saying Britain and its neighbours should commit to keeping the links through undersea cables and pipelines open during winter to keep "the lights on across the continent."

The summit gives Britain an opportunity to shape a new European forum from the inside after Brexit, and could shift some of the spotlight away from financial and political turmoil at home.

Talking about the migration challenges that Britain is facing, Truss wrote, "we are proud of the way that we have opened our homes to 130,000 Ukrainian refugees. But we need a stronger response to the crime gangs that exploit desperate people."

© Reuters. British Prime Minister Liz Truss speaks on stage at Britain's Conservative Party's annual conference in Birmingham, Britain, October 5, 2022. REUTERS/Toby Melville

Britain will deepen its joint working with France, Netherlands and other countries along the migration route to step up collective response to "this trans-national tragedy," she wrote.

The British government has been under pressure to deal with the rising number of people making dangerous journeys across the English Channel.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.