Beijing is ready to compromise on this point. The new agreement comes at an important time to symbolize trust, substance and progress in the development of negotiations on trade, market access and investment between the two stakeholders. Full agreement, exports to EU regions, factsheets, support for exporters The European Commission reports annually on the implementation of its main trade agreements during the previous calendar year. This commentary deals with how the EU and China reached an agreement 20 years ago, before China joined the WTO. China sees the EU primarily as a counterweight to the US, with which it is embedded in a damaging trade war. He has successfully sown division between European countries by concluding bilateral economic agreements with more fragile elements within the bloc such as Greece and Italy. This would not be the first time that a Sino-US bilateral agreement has hampered efforts between the EU and China to achieve their trade goals. For example, it took China two years to remove the objections mainly raised by the US (the legitimate right of a third party) to conclude the agreement on cooperation and protection of geographical indications between the EU and China. Nor would it be the first time that the EU and the US have competed for access to china`s financial markets. The preface (other languages), published in November 2020 by Sabine Weyand, Director-General of DG Trade, provides an overview of the successes achieved in 2019 and the ongoing work for the EU`s 36 main preferential trade agreements. The working document attached by the Commission services contains detailed information under the trade and partner agreements.

After 32 rounds of negotiations on the Comprehensive Investment Agreement (CAI), the main differences between the EU and China (besides sustainable development) were until the end of September on market access, including for financial services. . . .