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The EU freezes the investment agreement with China

2021-05-05T03:48:23.135Z


The EU "suspends" its efforts to ratify the investment agreement signed with China last December. This was announced by the vice president of the EU Commission Valdis Dombrovskis in an interview with France Presse. (HANDLE)


(ANSA) - BRUSSELS, MAY 04 - The EU "suspends" its efforts to ratify the investment agreement signed with China last December. This was announced by the vice president of the EU Commission Valdis Dombrovskis in an interview with France Presse. The European Commission has suspended its efforts to have the Member States and Parliament ratify the investment agreement concluded at the end of 2020 with China, in the light of the recent tightening of diplomatic relations between Brussels and Beijing, Dombrovskis explained. "We have for the moment suspended the effort of political awareness by the Commission, because it is clear that in the current situation, with the EU sanctions against China and the Chinese counter-sanctions, including against members of the European Parliament,environment is not in favor of ratifying the agreement ", said the vice president of the Commission. Tomorrow, among other things - as announced last week - the vice president Margrethe Vestager will present the EU shield against stylistic takeovers by companies from third countries, a sort of of 'goldenpower' designed mainly against Beijing companies that, swollen with government subsidies, have been hyperactive on the European territory for years, taking advantage of economic difficulties.designed mainly against Beijing companies which, swollen with government subsidies, have been hyperactive on the European territory for years, taking advantage of economic difficulties.designed mainly against Beijing companies which, swollen with government subsidies, have been hyperactive on the European territory for years, taking advantage of economic difficulties.


   (HANDLE).


Source: ansa

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