China-EU investment deal 'important' despite 'difficulties': Merkel

AFP

5th May, 2021 07:49:42 PM printer

China-EU investment deal 'important' despite 'difficulties': Merkel

German Chancellor Angela Merkel said Wednesday she remained convinced that the EU-China investment deal was an "important undertaking" even as strained relations complicate the agreement's ratification.

"Despite all the difficulties that will surely arise with the ratification, it is a very important undertaking," Merkel said in a speech to her conservative CDU/CSU alliance. The massive investment pact laid the foundations for "mutually beneficial" trade, she added.


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