BERLIN, May 9 (Xinhua) — German Chancellor Angela Merkel has said the China-European Union (EU) investment deal laid the foundations for “mutually beneficial” trade, citing such advantages as more reciprocity on market access, according to the Agence France-Presse (AFP).

Merkel made this remark in a speech to her conservative CDU (Christian Democrats Union)/CSU (Christian Social Union) alliance on Wednesday, the AFP reported.

Merkel remained convinced that the China-EU investment deal was a “very important undertaking” despite “all the difficulties that will surely arise with the ratification,” the AFP said. 

Unfortunately the EU didn’t continue to discuss the deal.


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By Chinaeuropenet

Xuefei Chen Axelsson is an independent media person. She has been a journalist for 30 years. She studied English, International politics, and sustainable development. She has been to Zimbabwe, Mozambique, Namibia and South Africa, Australia, New Zealand and America, Canada, France, Germany, Spain and all the nordic countries including Sweden, Finland, Denmark, Norway, Iceland and Britain. She is good at talking with all kinds of people and exchange ideas and serves as a bridge between China and the world.

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