Trade And Cooperation Agreement Eu China

The EU has commissioned studies to keep negotiators informed of the current trade picture, including the EU-China trade agreement and Pompeo companies in London showing two very different geopolitical paths, one is reasonable, the other is suicidal. The 2020 Strategic Agenda for COOPERATION BETWEEN the EU and China, agreed at the 2013 EU-China Summit, is the guiding document for relations. The EU and China are global players. As strategic partners, they are increasingly cooperating on important international and regional issues. The EU is also China`s largest trading partner, while China is the EU`s second largest trading partner. Trade and investment relations are an essential source of prosperity, jobs, development and innovation for both sides. The EU-China 2020 Strategic Agenda for Cooperation, adopted in 2013, calls for cooperation in the areas of peace, prosperity, sustainable development and exchanges between citizens. [4] In 2016, the EU adopted the “Common Communication on Elements of a New EU Strategy for China” as a strategy for China. [1] [15] During the European debt crisis, several European countries needed the bailout of the EU and the International Monetary Fund. China has supported Europe by buying billions of euros of junk; [27] in particular Greece, Ireland, Italy, Portugal and Spain. Some analysts suspected China of buying political influence in the EU, but China says it is building strong trade relations and supporting the European economy so that trade issues can move forward more easily.

[30] [31] This dialogue has been ongoing since 2001 and has made steady progress. Cooperation in standards and compliance assessment is very effective. In 2012, a web tool, Europe-China Standardization Information Platform (CESIP), was launched to provide companies with information on the standards applicable to highly traded regulated products. This platform can help small and medium-sized enterprises (SMEs) in their quest for an international path. In the area of compliance assessment, the priority is to strengthen exchanges on product risk assessment, risk management and market surveillance to support China`s work to simplify China`s mandatory certification system (CCC) – a system that requires certain products to comply with Chinese national standards. Other priorities include promoting international standards, improving the voluntary use of international compliance assessment systems, and improving competition in certification services. The dialogue with AQSIQ takes place regularly at the working group level. In addition to standardization and compliance assessment, there are working groups in the following areas: Marie-Pierre Vedrenne (MoDem, France), shadow rapporteur for Renew Europe, added: “This agreement helps strengthen our dialogue with China. Relations between the European Union (EU) and the People`s Republic of China (PRC) or Sino-European relations are bilateral relations established in 1975 between the PRC and the European Community.

According to the European External Action Service, EU-China relations aim to establish cooperation in the areas of peace, prosperity, sustainable development and trade among citizens[1] The EU is the largest trading partner of the PRC[2] and the PRC and ROC are the EU`s second and fifteenth largest trading partner after the UNITED States[2] , while the EU has imposed an arms embargo and numerous anti-dumping measures against the PRC.