The European Union, the EU and China have reached an agreement on investment in almost seven years.
Accordingly, it is expected that both companies will have more free access to the other countries’ markets.
Reporter Kim Jin-ho.
Major EU leaders, including EU Commissioner Von der Raien, German Chancellor Merkel, French President Macron, and Standing Chairman of the EU Summit Charles Michel, held a videoconference with Chinese President Xi Jinping.
This is a meeting to conclude an investment agreement between the two sides.
EU Commissioner Fon der Raien tweeted, “We have in principle finished negotiations to sign an investment agreement with China,” and “for a more balanced trade and better business opportunities.”
“The investment agreement with the EU will provide a broader market and a better business environment for investors on both sides,” said Xi Jinping. “This agreement demonstrates China’s determination and confidence in openness.”
[리 용지에 / 중국 상무부 조약법률사 부국장 : 중국이 처음으로 서비스업과 비서비스업 등 모든 부문에서 네거티브 리스트 형태로 개방 약속을 했습니다. 그리고 EU는 이 협정에 따라 중국에 대해 상대적으로 높은 수준의 시장 접근을 약속했습니다.]
As the EU already maintains a high degree of openness to foreign investment, the agreement is focused on the EU to further benefit from investment in China.
At face value, it may be a business that China loses, but the EU has taken over the hand of China with the inauguration of Biden’s next administration, so that China can soften the foreshadowing of the US with an alliance.
This investment agreement appears to have chosen China, which puts’China Money’ at the fore, as one of the measures to overcome the severe economic recession caused by the re-proliferation of Corona 19.
However, not a few point out that there is a high possibility that it will be an oblivion in the sense that negotiations have been concluded based on interests rather than deep bonds between China and the EU, such as’Corona 19 China’s responsibility to China’.
This is YTN Kim Jin-ho.
[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]