China, EU reaffirm goal of signing investment pact | Inquirer Business

China, EU reaffirm goal of signing investment pact

/ 02:01 PM June 23, 2020

Premier Li Keqiang answers questions at a news conference after the conclusion of the national legislative session in Beijing, on May 28, 2020. XINHUA via China Daily/Asia News Network

BEIJING — China and the European Union (EU) on Monday reaffirmed their commitment to conclude a comprehensive bilateral investment agreement this year.

The pledge came as Chinese Premier Li Keqiang held the 22nd China-EU leaders’ meeting with European Council President Charles Michel and European Commission President Ursula von der Leyen via video link Monday.

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Li and the EU leaders noticed the progress made in the negotiations and reaffirmed that both sides were committed to concluding the China-EU Comprehensive Investment Agreement in 2020.

The leaders of both sides looked forward to reaching an ambitious agreement and agreed to make all efforts to reach consensus on rules concerning fair competition as soon as possible. Xinhua

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TAGS: Business, China, EU, European Union, Investments

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