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FDP demands renegotiation of CAI

The German parliamentary group FDP demands a renegotiation of the EU investment agreement with China (CAI). The text of the contract is “immature” and has “major deficits in terms of content”, the German newspaper Süddeutsche Zeitung quoted a paper of the parliamentary group. According to the paper, the FDP parliamentary group calls for the amendment regarding rule of law, reduction of market distortion, market access and human rights. The paper was authored by Gyde Jensen, human rights spokeswoman of the parliamentary group, and Sandra Weeser, economic policy expert. The Group criticizes the fact that foreign companies, investors and citizens in China cannot rely on independent protection under the rule of law.

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