EUROPEAN
Union Trade Commissioner Phil Hogan
told the international trade committee of the European
Parliament on that a planned
March meeting with Chinese officials would now probably not happen, reports Aljazeera.
A planned European Union-China investment agreement looks unlikely to be struck by
September as planned because of the coronavirus outbreak, said Mr Hogan.
The
European Commission chief and other senior EU officials were to meet Chinese
counterparts in Beijing in late March before an EU-Chinese summit to be held in Leipzig,
Germany, in September - ideally to
sign a deal.
Said Mr Hogan: "There's a
lot of time lost now and going to be lost because of the coronavirus. A lot of
meetings have been cancelled. If we were going to get a deal by the Leipzig
summit we would have to largely have it completed by July."
The EU sees the agreement as
opening more sectors of the Chinese economy to investment by European
companies, as well as setting conditions for them to do so, such as whether
they have to do so jointly with a local Chinese firm.
Source : HKSG.
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