2021-05-06

Merkel reiterated support for the EU-China Investment Agreement

By yqqlm yqqlm

China News Service, Berlin, May 6th. German Chancellor Merkel reiterated her support for the EU-China Investment Agreement on the 5th. She said that the agreement is of great significance to the mutually beneficial economic and trade cooperation between Europe and China. The agreement will provide stronger reciprocity in market access, while ensuring that the labor standards set by the International Labor Organization are maintained.

Merkel made the above remarks when attending a meeting of the CDU and CDU party groups in the German Bundestag in the form of video that day.

Merkel reiterated support for the EU-China Investment Agreement

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p > Merkel said on the same day that Germany fully hopes that a country like China can achieve good development and that the Chinese people can live a prosperous life. At the same time, it also hopes that China can continue to be closely integrated into the multilateral order. She said that whether it is dealing with climate change, WTO reform or other global issues, if you choose to abandon China or confront China, then these issues will not be resolved. She emphasized that in the field of multilateralism, China’s declared goal of “striving to achieve carbon peaks by 2030 and achieve carbon neutrality by 2060” is an exciting signal.

Merkel said that the two sides must use the form of dialogue between the German and Chinese governments to discuss various issues. These issues also include good cooperation between the two sides in the economic field and mutual open markets.

Merkel emphasized that despite the difficulties in signing it into force, she still believes that the EU-China Investment Agreement is a “very important effort” because it will ensure that both parties have access to the market. With stronger reciprocity and reciprocity, to ensure that the labor standards stipulated by the International Labor Organization are maintained, “the mutually beneficial cooperation between the two sides in the economic and trade field will also be developed.” (End)