The strategy also includes a trade agenda focused on improving market access opportunities, including negotiations for a comprehensive investment agreement. It also addresses overcapacity and calls on China to engage ambitiously at the multilateral level. The European Commission reports annually on the implementation of its main trade agreements during the previous calendar year. The EU and China discuss policies and discuss trade and investment in a number of dialogues: although the EU currently has a trade deficit with China, the EU exports EU exports to other destinations; in fact, the EU`s overall trade balance is positive. Fact sheets, Vietnamese trade in your city, texts of agreements, stories of exporters At a summit yesterday (1. A minute before midnight, the Heads of State and Government of the European Union issued a statement calling for fairer and more reciprocal economic relations with the world`s second largest economy. They also stressed that it is time to negotiate an eight-year investment agreement that, among other things, will address some of the EU`s concerns about market access for its companies in China and the transparency of Chinese state-owned enterprises. However, experts warn that the agreement will be less and less concluded. Trade in services plays an important role in all modern economies. The resilience of the service sector and the increased availability of services can boost economic growth and increase industrial performance. In an increasingly localized world, services such as finance, insurance, transport, logistics and communication provide important inputs, which is a decisive support for the rest of the economy. The European Union, which represents its 28 member states, and China are both members of the World Trade Organization (WTO) and are participating in the ongoing discussions on the Trade in Services Agreement (TiSA).
The volume of trade in services of all participating countries represents 70% of the total world volume. TiSA is an important instrument for increasing the share of trade in services by removing existing barriers. TiSA offers new opportunities for service providers while promoting growth, employment and prosperity for all participating members. . . .