Both the EU and China expressed the hope that the agreement would soon be concluded and that economic cooperation between the two sides, which marks 45 years since the establishment of diplomatic relations, has intensified. The UK negotiates trade and investment after Brexit Previous article – The World Bank`s October 2020 report indicates that China`s economy will grow by 7.9% in 2021 and, although some progress has been made, many tensions remain. Today, EU officials say the chances of reaching an agreement by the end of the year – a deadline that Agatha Kratz, associate director of the research consultancy group, has described as “futile” – are slim. European Commission President Ursula von der Leyen recently said after a high-level dialogue with Chinese President Xi Jinping: “China must convince us that it is worth having an investment agreement.” And the EU is preparing to put in place mechanisms to protect and limit foreign investment in Europe that would operate independently of the AIC. The new regulatory regime has partially dispelled EU fears and has provided clear legal reasons for ensuring more effective protection of the legitimate rights and interests of foreign investors (including better protection of intellectual property rights and equal treatment of foreign companies in public procurement). However, the FIL still does not go far enough to create free market conditions, which EU investors say are consulted by Chinese companies. Despite some significant positive changes, the text of the FIL is vague and, therefore, it is likely to be inconsistent in its practical implementation; this highlights the distinction between the experience of foreign and domestic companies in China. In addition, China maintains its moderation in market access in certain sectors and sectors, with its latest list of restricted and prohibited industries published on 24 June 2020 in the new negative list of foreign investment (“negative list”). India takes steps to reform its investment framework after the adoption of a new model Model On 25 March 2020, the European Commission issued guidelines for Member States on screening for the COVID 19 pandemic, which focuses on the health sectors, but not only. Can the European Union act alone by concluding agreements such as CETA and the FREE Trade Agreement BETWEEN the EU and Singapore? Or should EU member states ratify them? The General Counsel of the Court of Justice, Mr Sharpston, discusses the distribution of investment powers under EU law.
On 5 May 2020, 23 Member States of the European Union officially agreed to end the intra-EU bit. Indeed, the products mentioned in this agreement must be identified by their particular characteristics, associated with their geographical origin and traditional know-how. The European Commission has launched a public consultation initiative on the current investment protection system and the EU, triggered by the ILO`s recent ruling between member states. In this piece, the authors warn that new forms of international investment protection are not necessary and could be used to undermine the legitimacy of the EU. It is interesting to note that, according to the China-Trust 2020 survey published by the European Chamber of Commerce, greater access to the Chinese market would be granted – 62% of members of European chambers would be more likely to increase their investments in China.