European Union – China policy

2015-10-21 :: posted by Manager                                                                       tell a friend

The European Union and China are two of the biggest traders in the world.

According the European Commission´s data China and Europe now trade well over €1 billion a day. European Union imports from China mainly industrial and consumer goods: machinery and equipment, footwear and clothing, furniture and lamps, and toys. EU exports to China are concentrated on machinery and equipment, motor vehicles, aircraft, and chemicals.

The relations between EU and China are presented in ”EU-China 2020 Strategic Agenda for Cooperation”. This document indicates the key initiatives in the field of trade and investment, agriculture, industry, transport and infrastructure, science, technology and innovation, space and aerospace, energy, urbanization, climate change and environmental protection, ocean, regional policy, public policy, culture and education:

The one of the priority of this Agenda is negotiate and conclude a comprehensive EU-China Investment Agreement that covers investment protection and market access. The EU-China Investment Agreement will provide for progressive liberalization of investment and the elimination of restrictions for investors to each other's market.

in area of agriculture the Agenda indicates for the needs to enhance cooperation in the fields of sustainable agricultural production, organic agriculture, rural development and agricultural research.

The food safety is one of the priorities of the Agenda in the area of agriculture. The document assumes the design concrete projects in ensuring food security and safety, coordinating urban and rural development, building environmentally-friendly agricultural systems while ensuring quality and safety of agricultural products.

The EU and China will be cooperate in the field of innovation in agricultural industry and biotechnology using the joint programmes, initiatives, twinning activities etc.

The regional policy is the subject of the Agenda too. The both parties of the Agenda will promote mutual understanding and cooperation in the field of regional policy. They will be cooperate on the local authorities level and will be implement the pilot demonstration projects.

The full text of the Agenda 2020 is: EU-China 2020 Strategic Agenda for Cooperation.


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