The two sides signed the deal in 2020, but recent sanctions have jeopardised the deal.
“We now in a sense have suspended … political outreach activities from the EC side,” EU Executive Vice-President Valdis Dombrovskis told AFP in an interview. Trying to ratify the deal “will depend really on how broader EU-China relations will evolve”, he added. The pact has been defended as a much needed opening to China’s long-closed economy for European companies but was sure to face difficult ratification amongst the 27 member states as well as the European Parliament.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »