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EU Commission: Sanctions jeopardise Ratification of the CAI

The EU-China Comprehensive Agreement on Investment (CAI) was supposed to facilitate European companies’ access to the Chinese market (China.Table reported) and is considered a precursor to free trade. Now its coming into force has been postponed indefinitely. With Valdis Dombrovskis, Vice-President of the EU Commission, the first high-ranking EU politician openly voiced on Tuesday evening what had long been clear in Brussels: with regards to the mood against the agreement, it hardly stands a chance in Parliament anyway.

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