European Parliament votes to freeze EU-China investment deal
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20/05/2021 - 18:00 One of the buildings of the European Parliament. On 20 May, members voted on a resolution regarding Chinese sanctions against MEP s. AFP - SEBASTIEN BOZON 4 min With an overwhelming majority, the European Parliament passed a motion recommending to formally freeze the EU-China Comprehensive Agreement for Investment (CAI).Tension has escalated since Brussels condemned China s human rights situation in Hong Kong and Xinjiang, resulting in tit-for-tat sanctions. Advertising Read more
The Parliament voted 599 in favor, 30 against and 58 absentions to postpone ratifying the CAI. Its resolution states that China s human rights record was at its worst since the Tiananmen Square Massacre and focused on violations in Hong Kong and Xinjiang.
EU puts massive China investment deal on hold
RFI
06 May 2021, 17:47 GMT+10
A European Union spokesperson has said that remarks by a high-ranking EU Council member to the effect that the ratification of the EU-China investment deal has been suspended were taken out of context. But will the treaty, that has been seven years in the making, be put into effect any time soon?
On Tuesday, the EU Commission s Trade Councillor Valdis Dombrovskis cast doubt on the prospects of a rapid ratification of the China EU Comprehensive Trade Agreement (CAI,) a deal which was signed in principle last December, after seven years of intense negotiations.