The agreement, described by the EU Council 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), reserving the same guarantee for 100 China-related products in Europe. As Europe and China make economic progress, the UK has managed to move away from these two huge markets and is left to the Trump administration. Given that the EU-China agreement defends the country of origin protocol, the White House is asking Britain to withdraw it in order to reduce its food standards and flood its agricultural markets with poor quality chicken. Britain has adopted a dogmatic foreign policy, while Europe has pursued a pragmatic policy. The contrast couldn`t be greater. At the same time, the agreement came when US Secretary of State Mike Pompeo arrived in the UK to push London to toughen its stance towards China. As snub for the British government, Pompeo deliberately met with anti-Chinese MPs to discuss a point against Prime Minister Boris Johnson, a meeting described as “tougher” by the BBC. The European Union recognises the need to improve and strengthen its economic relations with China and wins a revolutionary trade deal, while the UK has opted for Brexit and Trump, two steps that will have a significant long-term impact on the country`s growth, competitiveness and prosperity. But the EU is also increasingly attentive to China`s technology ambitions and unbalanced trade and economic relations with its member states. Total agreement, exports to the EU region, fact sheets, aid to exporters The ancient Silk Road consisted of a network of trails, mountain passes and “branches” used by daring traders to link China and Europe through several intermediaries.
There was no real infrastructure, only an almost infinite chain of local and regional secondary roads. Indeed, the Silk Road was not so much a “road” as an expression of a determination to link markets and seek the added value of goods traded between cultures and stages of development. Negotiated agreements, meetings, fact sheets, circular reports The European Commission reports annually on the implementation of its main trade agreements in the previous calendar year. The European Union has free trade agreements  and other agreements with a trade component with many countries around the world and negotiates with many other countries.  Chinese Foreign Minister Wang Yi on Monday (December 16th) called for free trade negotiations with the EU, in parallel with ongoing negotiations on an investment agreement. These include strengthening international rules, particularly with regard to subsidies to industry; Negotiations on the investment agreement are concluded and barriers to market access are removed. In addition to trade and economic differences, human rights remain a bone of contention between the two sides. Although the EU is currently in a trade deficit with China, European countries are exporting to other destinations; Indeed, the EU`s trade balance is generally positive.
“We need to have confidence in the outlook,” Wang said. He said the conclusion of trade negotiations between the US and China was “good news” for Europe, as more negotiators could spend time on EU-China talks. The EU has commissioned studies to keep negotiators informed of the current trade picture, including: published in November 2020 and before that, with the preface of DG Commerce, Sabine Weyand (other languages), the fourth EU implementation report (other languages) of the FTA gives an overview of the successes achieved in 2019 and the remarkable work for the 36 main EU preferential trade agreements.