On January 6, Foreign Ministry Spokesperson Hua Chunying presided over a regular press conference. Some reporters asked about U.S. Secretary of State Pompeo’s remarks that the China-EU Investment Agreement is a fragile agreement that fails to protect European workers.
In response, Hua Chunying said: I don’t know if you smell a sour smell? The China-EU Investment Agreement cannot protect European workers. Can the United States impose tariffs on some products exported to the United States from European countries protect European workers?
After more than seven years of joint efforts, China and the EU have concluded the negotiation of a comprehensive investment agreement between China and the EU, and reached a balanced, high-level, mutually beneficial and win-win investment agreement.
It not only demonstrates China’s determination and confidence to promote a high level of opening up to the outside world, but also provides greater market access and a higher level of business environment for China-EU mutual investment.
Stronger institutional guarantees and brighter prospects for cooperation have been highly praised by China and the EU and all walks of life in the international community.
The parties generally believe that this is a milestone in China-EU economic and trade cooperation and a victory for multilateralism.
Under the difficult situation of the epidemic hitting the global economy hard, the conclusion of the China-EU investment agreement is conducive to promoting the recovery of the world economy, safeguarding multilateralism, and safeguarding the rules-based open world economy.