The European Parliament is working on a proposal to reorient the EU’s China strategy. In a report now adopted by the EU Parliament’s Foreign Affairs Committee, MEPs propose a strategy consisting of a total of six key pillars, including an open dialogue on global challenges, commitment to human rights through economic-political measures and strengthening the EU’s geopolitical significance. In the report, MEPs stress that the ratification process of the EU-China Comprehensive Agreement on Investment (CAI) cannot begin until China lifts sanctions against MEPs and EU institutions. The EU Commission is urged to reintroduce investment protection into the CAI – no solution could be found to this issue during CAI negotiations. In addition, the European Parliament is pressing for progress on the investment agreement with Taiwan. At present, however, there are no signals for the official start of corresponding talks.
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