Mandate for China talks
Print Edition
European Union countries yesterday agreed a negotiating mandate for talks on an investment protection accord with China, aiming to boost access for EU firms to the world’s second-largest economy.
EU negotiators will seek an agreement with China to enhance “protection of EU investments in China and vice-versa,” a statement said. An accord to bolster legal certainty for EU investors and reduce the barriers they face will boost investment flows and result in “improved access to the Chinese market,” it said.
The EU-China trade agenda should focus on investment, it said, adding the talks are meant to be concluded within two and a half years at the latest.
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