Trade And Cooperation Agreement Eu China

There have been some disputes, such as the dispute over textile imports into the EU (see below). China and the EU are increasingly seeking cooperation, for example by partnering with the Galileo project, investing 230 million euros and buying Airbus aircraft in exchange for building a building in China; In 2006, during a visit by French President Jacques Chirac, China ordered 150 aircraft. [26] Despite the arms embargo, a leak of US diplomatic cables indicated that the EU had sold 400 million euros in 2003 to China in „defence exports“ and then to other submarine technologies and military radars. [27] The agreement, which the EU Council described as the „first major bilateral trade agreement between the EU and China“, imposes the protection of the rights of 100 EU food products on the Chinese market (such as European wine and cheese), by reserving the same guarantee for 100 China-related products in Europe. The EU-China 2020 Strategic Agenda for Cooperation, adopted in 2013, calls for cooperation in the areas of peace, prosperity, sustainable development and exchanges between citizens. [4] In 2016, the EU adopted the „Common Communication on Elements of a New EU Strategy for China“ as a strategy for China. [1] [15] The European Union recognises the need to improve and strengthen its economic relations with China, winning a revolutionary trade agreement, while the UK has chosen Brexit and Trump, two steps that will have a significant long-term impact on the country`s growth, competitiveness and prosperity. With the growing bilateral trade between the EU and China and the recognition of the importance of standards, EU and China`s standardization cooperation has grown in recent years and has become more pragmatic and diverse. The SSTL project was launched in 2006 as a pilot project between the European Union and China as the first Asian country. The participating Member States were then the Netherlands and the United Kingdom. From 2010 (when the second phase of the project was launched), other EU Member States joined the EU: Belgium, France, Germany, Italy, Poland and Spain.

This project aims to test the security and security recommendations of the World Customs Organization`s standard framework for containers and to facilitate the exchange of customs data, risk management cooperation, mutual recognition of customs controls and trade partnership programmes. The 120 trade routes, which involve 200 economic operators between 16 seaports, will no doubt facilitate trade between China and participating EU countries, as the loading and unloading of containers will require less control and customs assistance. After the end of the Cold War, relations with Europe were not as high a priority for China as its relations with the United States, Japan and other Asian powers. However, interest in closer relations increased as economic contacts intensified and interest in a multipolar system grew. Although European leaders first imposed an arms embargo on China after Tiananmen (see „arms embargo below“), European leaders eased China`s isolation. The growth of the Chinese economy attracted the attention of many European visitors and, in return, Chinese businessmen began to visit Europe frequently. Europe`s interest in China led the EU to get involved in an unusual way with China in the 1990s and to trade at a high level. Trade between the EU and China grew faster than the Chinese economy itself, and tripled in ten years, from $14.3 billion in 1985 to $45.6 billion in 1994.

[13] Marie-Pierre Vedrenne (MoDem, France), a fictional rapporteur for Renew Europe, added: „This agreement helps strengthen our dialogue with China.