German Chancellor Angela Merkel delivers a speech during a meeting about the budget 2020 of the German federal parliament, Bundestag, at the Reichstag building in Berlin, Germany, Wednesday, Nov. 27, 2019. (File photo: AP)
BERLIN, May 8 (Xinhua) -- German Chancellor Angela Merkel has said the China-European Union (EU) investment deal laid the foundations for "mutually beneficial" trade, citing such advantages as more reciprocity on market access, according to the Agence France-Presse (AFP).
Merkel made this remark in a speech to her conservative CDU (Christian Democrats Union)/CSU (Christian Social Union) alliance on Wednesday, the AFP reported.
Merkel remained convinced that the China-EU investment deal was a "very important undertaking" despite "all the difficulties that will surely arise with the ratification," the AFP said.
