Written Question: Comprehensive consideration of the interests of each Member State in the EU-China investment agreement
(Source: European Parliament)
Date submitted: 22 April 2021
Priority question for written answer P-002192/2021
to the Commission
Geoffroy Didier (PPE)
Subject: Comprehensive consideration of the interests of each Member State in the EU-China investment agreement
Following lengthy negotiations, the EU and China announced an agreement in principle for a Comprehensive Agreement on Investment on 30 December 2020. The aim is to restore the balance of power between Chinese and European investors and to offer them greater financial security. This provisional agreement was reached under the German Presidency of the Council. Germany has a keen interest in concluding the agreement swiftly for the sake of its automotive sector.
However, for such an agreement to be concluded, a comprehensive consideration of each country’s interests is necessary. Yet France’s interests appear to have been relegated to second place. Among the nine sectors covered by the agreement, the automotive sector is the most attractive by far.
How does the Commission intend to ensure that this agreement is beneficial to all European countries, particularly France, in the upcoming negotiations?