EU suspends efforts to ratify China investment deal: commissioner

[HostileInsurgent]

https://twitter.com/i/web/status/1389639996508938240

EU efforts to ratify China investment deal on ice after sanctions

"We now in a sense have suspended... political outreach activities from the European Commission side," EU Executive Vice President Valdis Dombrovskis told AFP in an interview about efforts to win approval for the EU's investment deal with China

Valdis Dombrovskis

• Tue, May 4, 2021, 9:34 PM·1 min read
  
  
  The European Commission said Tuesday that efforts to win approval for the EU's massive investment deal with China were effectively "suspended" given the soured diplomatic relations between both sides after tit-for-tat sanctions.
  "We now in a sense have suspended... political outreach activities from the European Commission side," EU Executive Vice President Valdis Dombrovskis told AFP in an interview.
  "It's clear in the current situation with the EU sanctions in place against China and Chinese counter sanctions in place, including against members of European Parliament (that) the environment is not conducive for ratification of the agreement," Dombrovskis said.
  
  Trying to ratify the deal "will depend really on how broader EU-China relations will evolve", he added.
  To the surprise of many, the European Union and China in late December approved a major investment pact, wrapping up seven years of painstaking negotiations thanks to a final push by Germany.
  The pact has been defended as a much needed opening to China's long-closed economy for European companies, but was sure to face a difficult ratification amongst the 27 member states as well as the European Parliament.
  Dombrovskis, a former Latvian prime minister, is in charge of spearheading that approval process in the EU, which has already met with pushback from key MEPs.
  The European Union sanctioned four Chinese officials in March over suspected human rights violations in China's far western region of Xinjiang.
  China responded by imposing its own sanctions against European politicians, scholars and research groups.
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  https://search.yahoo.com/search?p=Valdis Dombrovskis
  
  

  EU efforts to ratify China investment deal on ice after sanctions

  The European Commission said Tuesday that efforts to win approval for the EU's massive investment deal with China were effectively "suspended" given the soured diplomatic relations between both sides after tit-for-tat sanctions.

  news.yahoo.com

 

[HostileInsurgent]

EU-India FTA soon .

 

[TNT]

Well the EU wanted the deal more. They would realize they r not dealing with usual countries where they will put sanctions and the country would ignore and still be nice. The white vermin would soon realize the world has changed.

 

[HostileInsurgent]

Well the EU wanted the deal more. They would realize they r not dealing with usual countries where they will put sanctions and the country would ignore and still be nice. The white vermin would soon realize the world has changed.

It collapsed after sanctions on each other were imposed.

 

[bshifter]

Merkel will push the deal to go ahead. At least from Germany's point of view more trade with China is a must.

 

[crankthatskunk]

I think world is getting ready for WW III.
It is for the smaller countries to realise what these western powers have done to them over the centuries.

China hasn't done anything wrong to these western countries except making itself stronger both financially and militarily.
Something these people cannot stomach. Because it means they losing their control of the world , which they exercise for over 500 years at least.

 

[mazeto]

The Chinese are playing the long game. They know, even should they lose CAI, the EU will think a hundred times henceforth before sanctioning them.
Wily fellows with scary IQs