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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