No more games? The EU is rumored to vote to formally freeze the “China-EU Investment Agreement”

Stuart Lau, a reporter for Politico, tweeted that the European Parliament, the EU’s highest public opinion body, will move a motion to formally freeze the EU’s previous “China-EU Investment Agreement” with the Chinese Communist Party. Stuart Lau said he had seen a draft document indicating that the European Parliament would take such action.

The European Parliament’s chamber

The draft motion is understood to urge the EU to “strengthen coordination and cooperation with the United States when dealing with China,” and mentions Taiwan, saying that the EU “should not be a hostage” in any Taiwan-related trade matters when dealing with Beijing.

The European Commission said at the beginning of the month that it had effectively “suspended” action on the EU-China investment agreement due to the deterioration of diplomatic relations between the EU and the Chinese Communist Party as a result of mutual sanctions.

But German Chancellor Angela Merkel reiterated her support for the EU-China investment agreement. She said the agreement, although it may encounter some difficulties in the approval process, but it is an important commitment, “in dealing with climate change, World Trade Organization (WTO) reform and other global issues, if you choose to leave China behind or confront China, it will not be possible to solve the problem.

The European Union (EU) sanctioned four Chinese Communist Party officials in March for persecution of the Uighur minority in Xinjiang, and the Communist Party then imposed retaliatory sanctions on European politicians, academics and research institutions.

The newspaper reported that such large-scale sanctions against Europe are unprecedented in European-Chinese relations, especially when the sanctioned persons include a number of elected members of the European Parliament, causing anger in European politics.