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The EU embassy in China: negotiations continue on investments

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The European Union is not seeking an escalation with China, it is working on the mutual investment agreement and the situation is less dramatic than expected, said Nicolas Chapuis, EU representative in Beijing, one of the places where the negotiations continued. for seven long years until approval in principle at the end of 2020. But Belgium’s stance on the logistics hub in Liège of the e-commerce giant Alibaba and the motion of the French Parliament for Taiwan’s entry into a series of UN agencies starting from the WHO sow the field of new problems.

China-EU, the treaty has stalled

In March, the EU imposed the first significant sanctions since 1989 against Chinese officials for alleged human rights violations in China’s Xinjiang region, including on US push on allies to thwart Beijing’s foreign policy. The treaty signed in principle with the EU has stalled.

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“But Europe will continue to collaborate despite the problems, said the EU ambassador to Beijing Nicolas Chapuis, because it does not want an escalation with China”.

It was precisely in Beijing at the EU headquarters that many steps were taken in seven long years to reach an agreement that today seems to be in the balance.

The Chinese danger in the Liège hub

Ambassador Chapuis eases the tensions which, however, continue to grow due to the stance of some European states.

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