EU efforts to ratify China investment deal ‘suspended’ after sanctions

EU efforts to ratify China investment deal ‘suspended’ after sanctions

The European Commission has said that efforts to ratify a massive investment deal with China have been in effect suspended after tit-for-tat sanctions were imposed over China’s treatment of its Uyghur population in March. “We now in a sense have suspended … political outreach activities from the European Commission side,” said the commission’s executive vice-president, Valdis Dombrovskis, on Tuesday. He said that the current state of relations between Brussels and Beijing was “not conducive” for the ratification of the deal, which is known as EU-China comprehensive agreement on investment. “It’s clear in the current situation with the EU sanctions in place against China and Chinese counter sanctions in place, including against members of European parliament [that] the environment is not conducive for ratification of the agreement,” Dombrovskis said. He added that it will now “depend really on how broader EU-China relations will evolve”. Although Dombrovskis’s comments do not suggest the EU has formally suspended the pact, it does, however, suggest that recent political tensions between Brussels and Beijing have dampened the appetite among EU’s decision bodies. The European Union and …
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