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EU-China Summit: Defending EU interests and values in a complex and vital partnership

The European Union and China held their 22nd bilateral Summit via videoconference on 22 June 2020. President of the European Council, Charles Michel, and President of the European Commission, Ursula von der Leyen, accompanied by High Representative Josep Borrell, hold the Summit meeting with Chinese Prime Minister Li Keqiang followed by exchanges with Chinese President Xi Jinping.

President Michel yesterday said: 

"EU-China relations have evolved in recent years. Our economic interdependency is high, and we must work together on global challenges like climate action, meeting the Sustainable Development Goals or dealing with COVID-19. Engaging and cooperating with China is both an opportunity and necessity. But, at the same time, we have to recognise that we do not share the same values, political systems, or approach to multilateralism. We will engage in a clear-eyed and confident way, robustly defending EU interests and standing firm on our values.”

President von der Leyen yesterday said: 

“The COVID-pandemic and a number of major bilateral and multilateral challenges show clearly the EU – China partnership is crucial, be it in terms of trade, climate, technology, and the defence of multilateralism. But for our relations to develop further, they must become more rules-based and reciprocal, in order to achieve a real level playing-field.”

The EU-China summit had a comprehensive agenda addressing bilateral relations; regional and international issues, and the COVID-19 pandemic and economic recovery.

The EU recalled the important commitments made at the 2019 EU-China Summit and stressed the need for the implementation of these commitments in a dynamic and result oriented manner as progress today is limited.

The EU strongly emphasised the need to advance negotiations for an ambitious EU-China Comprehensive Investment Agreement that addresses the current asymmetries in market access and ensures a level playing field. Urgent progress is needed in particular on behaviour of State-Owned Enterprises, transparency on subsidies and rules tackling forced transfers of technology.

Click here for the full press release

 

Original article link: https://ec.europa.eu/commission/presscorner/detail/en/IP_20_1159

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