China, EU to push early signing of investment treaty

China and the European Union (EU) will strive to facilitate the early signing of the investment agreement, the Ministry of Commerce said Wednesday.

Chinese President Xi Jinping meets with German Chancellor Angela Merkel, French President Emmanuel Macron, President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen via video link in Beijing, capital of China, Dec. 30, 2020. During the meeting, Xi and the European leaders announced that the two sides have completed investment agreement negotiations as scheduled. (Photo: Xinhua)
Chinese President Xi Jinping meets with German Chancellor Angela Merkel, French President Emmanuel Macron, President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen via video link in Beijing, capital of China, Dec. 30, 2020. During the meeting, Xi and the European leaders announced that the two sides have completed investment agreement negotiations as scheduled. (Photo: Xinhua)

China and the EU will carry out text review, translation and other technical work as soon as possible, said Li Yongjie, an official with the ministry, at a press conference held after the two sides announced the completion of negotiations on the investment treaty.

The agreement will enter into force after both parties complete their respective legal procedures, Li said.

Chinese and European leaders announced during a meeting via video link that China and the EU have completed investment agreement negotiations as scheduled.

Xinhua