Posted on 12/30/2020 8:23:05 AM PST by MarvinStinson
EU member states gave political backing to Brussels’ planned investment pact with China on Monday, clearing the way for a deal between the world’s biggest economic blocs.
At a meeting of ambassadors, the German EU presidency noted that no member had “raised a stop sign and the way for a political endorsement was thus cleared.”
The diplomats noted “recent positive developments” in negotiations, with China reportedly addressing concerns over the alleged use of forced labour on its farms.
This came after the Chinese foreign ministry said last week that “negotiations have entered the final stretch” — and a second EU diplomat said an agreement could now be formally announced this week.
No member state intervened at the meeting to block the accord, but afterwards Poland’s ambassador Andrzej Sados said he had “expressed our doubts” after Germany added it to the agenda.
Outgoing U.S. leader Donald Trump has engaged in a trade war with China but his successor has also expressed concern about the EU outreach, with his team urging Brussels to consult with Washington.
“The new administration in the US is starting work in three weeks… and an agreement with China should take into account the EU’s relations with the US,” Sados told the Polish PAP news agency.
“We also said that we shouldn’t act too hastily after seven years of tough negotiations. Meanwhile, such an item is suddenly added to the EU ambassadors’ meeting agenda in Brussels. This is unheard of.”
“In the last days of the German presidency we are dealing with a sudden and unjustified acceleration regarding a very important issue, which concerns international relations.”
The bloc’s leading economic power Germany, which holds the rotating EU presidency until the end of the year, has made securing the deal a priority of its time at the helm.
(Excerpt) Read more at breitbart.com ...
Yes, Europe, give all your money to China to invest............................
Lest we forget the Europe=Asia alliances:
Germany and Japan became allies with the signing of Anti-Comintern Pact of 1936. In November 1939, Germany and Japan signed the “Agreement for Cultural Cooperation between Japan and Germany”, which restored comfortable relations between the two.
Sounds Europe’s responding to our ‘election’ by realizing that we’re no longer king of the hill - can’t say I blame them.
Europe easily surrendered to Islam.
It’s now time to surrender to communism.
What is the use of NATO any more?
Gog, MaGog , the Beast and other entities..
Are we witnessing another biblical event?
In all fairness, look what we did by moving all our
manufacturing to China. We haven’t got a leg to stand
on now.
Complain? LOL
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