China, EU reach investment pact after seven-year negotiations
China, EU reach investment pact after seven-year negotiations

China, EU reach investment pact after seven-year negotiations

 

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China and the European Union have concluded their seven-year negotiations for an investment treaty, leaders from the both sides announced on Wednesday after a video call with Chinese President Xi Jinping.

Xi, European Commission President Ursula von der Leyen and European Council President Charles Michel led the talks, with German Chancellor Angela Merkel and French President Emmanuel Macron also taking part. China's official Xinhua News Agency said leaders from both sides jointly announced the conclusion of the deal negotiations as scheduled.

The EU praised Beijing for making an unprecedented commitment to provide certainty . . .

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