WORLD Merkel sees China-EU investment pact 'mutually beneficial': report


Merkel sees China-EU investment pact 'mutually beneficial': report


08:26, May 09, 2021

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.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue