Since 2012, China has been trying to persuade the European Union to accept the adoption of bilateral free trade agreements. China lacks both Trans-Pacific Trade Agreements (TPP) and Transatlantic Trade Agreements (TTIP) and wants to pursue a similarly large „in“ pact itself so as not to lose trade flows or to meet new „global“ standards on the part of others. For their part, European companies want greater openness in China and a level playing field for domestic companies, especially state-owned enterprises. Among those Member States that have signed agreements with China are Italy, Greece, Estonia and Croatia. The European Union recognises the need to improve and strengthen its economic relations with China and wins a revolutionary trade deal, while the UK has opted for Brexit and Trump, two steps that will have a significant long-term impact on the country`s growth, competitiveness and prosperity. Although the rhetoric has been somewhat stronger, the fact that the EU is China`s main trading partner with more than one billion euros in bilateral trade is never far from the ideas of the participants. Annemie Turtelboom, the report`s lead auditor, told reporters before publishing how the EU should take a more coherent approach to the world`s second-largest economy. Unimpressed by an avalanche of sporting metaphors on identical terrain and visibly not alarmed by the stifled but polite threats to its human rights record, China will have withdrawn from this week`s virtual summit, where the European Union is rather satisfied with the way everything has happened. Total agreement, exports to EU regions, fact sheets, aid to exporters Thus, 15 EU Member States have, in short, breached EU law. The agreements they have with China would therefore be null and void.
This raises the question: when will the Commission, as the holder of the contract, be able to do so? All companies should be terminated and, frankly, China should be treated in the same way as…… North Korea. These are both nasty and horrible countries, and less the EU has to do with them – the dough. The fourth EU Implementation Report (other languages), published in November 2020 and preceded by the preface by DG Commerce Director-General Sabine Weyand (other languages), provides an overview of the results achieved in 2019 and the remarkable work for the EU`s 36 main preferential trade agreements. The accompanying staff working document provides detailed information in accordance with the trade agreement and trading partners.