China Says EU Investment Deal Now in Final Stage, Hails Progress
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China said talks with the European Union on a bilateral investment deal are
in the final stages, citing progress between negotiators as they push for an
agreement before a year-end deadline.
“Now the negotiations are in the final stage,” Chinese Foreign Ministry
spokesman Wang Wenbin said at a briefing in Beijing on Friday. “I believe as
long as the both sides can take care of each other’s concerns and walk
towards each other, we will be able to achieve goals set by our leaders.”
Earlier the South China Morning Post reported that the two sides have reached
an ‘in principle’ agreement after receiving the backing of German
Chancellor Angela Merkel and French President Emmanuel Macron. Germany has
said the agreement would be discussed among the 27 representatives of the EU
bloc Friday, the report added.
The deal