How to negotiate cooperation between the European Union and

How to negotiate cooperation between the European Union and

A new round of talks on cooperation between the European Union and China took place on Tuesday 19 July. Beijing has revealed what was discussed behind closed doors.

Thus, China has agreed to coordinate its economic policies with the European Union, liberalize trade and investment, and further open up its financial sector. However, the country has remained silent on an investment agreement frozen by human rights disputes, geopolitics and the war in Ukraine.

In the ninth round of negotiations between the European Union and China, which took place on Tuesday, there were pragmatic, direct and effective talks, says the Chinese Ministry of Commerce.

In his view, “The two sides will strengthen communication and coordination of macroeconomic policies, enhance cooperation in global food and energy security and other areas, and jointly promote global economic and financial stability,” the Chinese ministry said in the virtual talks. .

The last round of similar talks took place in 2020

Moreover, the international press reports that the European Union and China had such discussions two years ago, and they were also led by Chinese Vice Premier Liu He and Executive Vice President of the European Commission Valdis Dombrovskis.

At the time, talks focused on a historic investment pact, and China and the EU signed an agreement that lasted seven years until the end of 2020. However, the agreement was not ratified.

Thus, “The two sides will actively promote the liberalization and facilitation of trade and investment, increase mutual openness, promote fair competition, protect intellectual property rights and constantly optimize business, the Chinese ministry said, without no mention of the frozen agreement.

Beijing has imposed several sanctions on European officials

The West has imposed several sanctions on Beijing on some Chinese accused of mass detention of Muslim Uighurs in the Xinjiang region of China, which is why, in March 2021, China decided to respond to these sanctions with others.

The ratification of the pact was stopped in May 2021 by the European Parliament, due to sanctions from both sides, thus marking a double failure – one for China and one for the EU.

Later this year, China suspended imports from Lithuania because the EU member state allowed Taiwan to open a de facto embassy in Vilnius, while China considers the island its own territory.

“(China and the EU) have agreed to jointly ensure the security and fluidity of trade channels,” the Chinese ministry said.