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President Xi Jinping and EU leaders, led by President von der Leyen, with Merkel and Macron present, have signed a pact worth € 650 billion.
by Rita Fatiguso
President Xi Jinping and EU leaders, led by President von der Leyen, with Merkel and Macron present, have signed a pact worth € 650 billion.
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From Beijing, at dinner time, Chinese President Xi Jinping connected with the leaders of the European Union – at the head of the President of the European Commission, Ursula von der Leyen, German Chancellor Angela Merkel and President French Emmanuel Macron also present- for which, instead, it is time for lunch, for the signing of the historic preliminary draft of mutual investments on the construction site since November 2013. There is an agreement within the framework of the pact, it will be necessary to work on the details and implementation that will require at least one year.
In other words, the D-day for the closing of the agreement that is a prelude to the negotiations for a free trade agreement was completed as planned, in a timely manner for the end of the semester of the German presidency of the EU, the 45 years diplomatic relations. China-EU and three weeks after the inauguration of the new US administration, as the president-elect, Joe Biden, will assume his full powers on January 20.
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German Chancellor Angela Merkel joined the convocation along with Charles Michel and Ursula von der Leyen, the presidents of the European Council and the Commission, also present French President Emmanuel Macron.
The driving role of Germany, current president of the EU in the second half of 2020, but above all China’s first partner among European countries, is undeniable.
For Chinese President Xi Jinping, the agreement is the premise for a better environment for bilateral business, will stimulate economic recovery and promote recovery and free trade by facilitating the exit from the pandemic. For the president of the commission, Ursula von der Leyen, who tweeted her thoughts, Europe is the largest market in the world that is open to reciprocal conditions, fair competition and more balanced opportunities.
