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The announcement of ratification of the agreement cheap between European Union and China is causing more concern in U.S. The president-elect Joe biden In recent days, through the members of his entourage, he had expressed his opposition to the signing of the Comprehensive Investment Agreement.
An understanding strongly pursued by Continue, as well as to formulate in Brussels a proposal defined as unprecedented by the parties involved, to close at the end of 2020.
Among the leaders of the old continent, the most favorable to the negotiations with Beijing was undoubtedly Angela Merkel. The Chancellor sees positive economic opportunities for several German multinationals, which will be able to expand the distribution of their products in better conditions than the current ones.
However, the trade agreement signed runs the risk of compromising the relations between Europe and the United States. Many now fear the historical political-economic alliance between the two areas can be placed in risk.
EU-China agreement: are relations between Europe and the United States in danger?
Joe biden, Opposite to Donald trumpIn more than one public statement, he had stated that he was willing to resume close relations between the United States and Europe, with the aim also of creating a global Western coalition that could isolate China.
Before taking office on January 20, the Democratic leader is forced to suffer a severe blow in the field of foreign policy, paying first-hand the nationalism implemented by The Donald in his 4 years of government.
In fact, the message released by the EU Leader It appears as a clear indication that relations with the United States will not automatically return to the Obama era, in which Biden himself was vice president.
Thus, European exponents have conveyed the message that the interests of the old continent can no longer be subordinated to Washington’s policies, foreshadowing a mediating role in the future in the new “cold war” underway between the state and the People’s Republic.
China, the main economic partner of the EU in 2020
To block its implementation, the entourage of the next tenant of the White House relies on the sensitivity of the members of the European Parliament, which must be approved by CAI, on the lack of respect for civil rights by the communist regime.
Precisely on these issues the European council has published its own press release arguing that, thanks to the Comprehensive Investment Agreement, regulations on the environment, worker protection and civil rights will also be respected in China.
Promises made by Xi Jinping and his executive but which, according to US sources, could be ignored as has happened in the past.
Therefore, it will be necessary to understand what the consequences will really be in the relationship between Commission and the new United States Government.
An important fact registered in the last year is that China has already surpassed America as the main trading partner, with a total volume of trade with the old continent equal to 480 billion euros.
