Friday 18 June 2021 ,
Friday 18 June 2021 ,
Latest News
  • CPD dialogue calls for urgent cash transfers to COVID-hit households
  • Nasir is a gentleman, please release him: JP MPs
  • Bangladesh logs 63 Covid-19 deaths, 3,840 fresh cases in 24 hrs
  • Bangladesh logs 63 Covid-19 deaths, 3,840 fresh cases in 24 hrs
  • Rohingya NID scam: ACC files case against 17
  • Covid-19 claims 18 more lives in Khulna division in 24 hrs
  • Bangladesh calls for transparency in vaccine trade by US companies
  • FM seeks UN roadmap for Rohingya repatriation
  • PM to gift 53,340 more houses to homeless on June 20
  • Khaleda in vulnerable condition: Fakhrul
  • Mass vaccination expected to resume in July: Principal Secretary
7 May, 2021 11:27:44 AM
Print

EU-China investment deal ‘not exactly a deal’

BSS/AFP, BRUSSELS
EU-China investment deal ‘not exactly a deal’

A long-negotiated investment agreement between EU and China was more of an “intention” than a deal and it could be a long time before it became a reality, an EU commissioner said on Thursday.

“I will be very honest with you, this deal was not exactly a deal,” Thierry Breton, France’s representative to the EU executive told the Atlantic Council think tank in Washington.

“At the end of the day… it was an intention… not more, not less,” said the former French finance minister, who is the EU’s industry commissioner.

“So I think that the time when the intention will transform into reality may be pretty long,” he added.

He also noted that the deal, sealed to the surprise of many during the last hours of Germany’s EU presidency in December, came during an “interim time in the US” between the Trump and Biden presidencies.

Breton spoke after the EU commission admitted that it was forced to suspend efforts to ratify the pact after a volley of tit-for-tat sanctions between Beijing and Brussels.

The dispute escalated suddenly in March when the EU imposed sanctions on four party and Xinjiang regional officials because of their actions against the Uyghur Muslim minority.

Beijing swiftly hit back with punitive measures on European politicians and academics, including key MEPs who would need to back the pact.

The EU commission handles trade policy for the bloc’s 27 member states and the pact with China was seven years in the making.

HM

Comments

Video

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting