Edition: International | Greek
MENU

Home » EU Actually

Angela ‘schafft es’ again: business is business

No doubt, the German Presidency will end today (30 December) as Angela Merkel always wanted it to, with an investment treaty between the EU and China

By: N. Peter Kramer - Posted: Wednesday, December 30, 2020

Barbel Kofler, Commissioner of Human Rights in Angela Merkel’s government, stated recently: ‘ I am shocked by the large number of judgments against lawyers, journalists and opposition activists in China in recent days’.
Barbel Kofler, Commissioner of Human Rights in Angela Merkel’s government, stated recently: ‘ I am shocked by the large number of judgments against lawyers, journalists and opposition activists in China in recent days’.

by N. Peter Kramer

No doubt, the German Presidency will end today (30 December) as Angela Merkel always wanted it to, with an investment treaty between the EU and China. It will mean the icing on the cake of her EU Presidency. The signing of the Comprehensive Investment Agreement with China has to show the autonomy of the EU vis-a-vis the US. But critics are saying the EU is squandering its position as (self-declared) global defender of human rights and labour rights in favour of the German car industry.

China’s use of massive, forced labour of the Uighur Muslim minority could be an obstacle which is difficult to clear for the European Parliament, who have to ratify the treaty. Along with the human rights situation in China in general, and Hong Kong in particular. A Chinese court recently found a journalist guilty of ‘picking quarrels and provoking trouble’ by reporting on the coronavirus pandemic in Wuhan. Barbel Kofler, Commissioner of Human Rights in Angela Merkel’s government, stated recently: ‘ I am shocked by the large number of judgments against lawyers, journalists and opposition activists in China in recent days’.

But Beijing says, it will ‘strive‘(!) to implement all international agreements of the International Labour Organisation (ILO) on workers’ rights. Is that enough? A great frustration is that China has often not fulfilled previous agreements. The rock-hard guarantees that the EU has been hoping for for seven years, are still not included. It has been forgotten, that China broke international treaties this year. Not only it did ignore the Sino-British Declaration on Hong Kong, it also no longer adheres to the Phase One deal with the United States. President-elect Biden already warned the EU.

Don’t worry, leave it to Angela Merkel, Ursula von der Leyen and Charles Michel. They do not see any problem and are happy to conclude the Comprehensive Investment Agreement with China.

READ ALSO

EU Actually

Can the EU, under pressure from major powers, turn the tide?

N. Peter KramerBy: N. Peter Kramer

Mario Draghi and Enrico Letto, former prime ministers of Italy, wrote scathing reports on the EU competitiveness and the internal market, respectively.

Europe

EU auditors highlight "fraud" in COVID fund

EU auditors highlight "fraud" in COVID fund

The EU’s €650 billion COVID recovery fund, the Recovery and Resilience Facility (RRF), continues to show multiple weaknesses in fraud detection, reporting and correction, according to a new report by the European Court of Auditors (ECA).

Business

USA@250 and the Rising World’s Agendas and Visions: EU lessons

USA@250 and the Rising World’s Agendas and Visions: EU lessons

In 2026, the United States will mark a symbolic milestone: 250 years since 1776. The official “America250” framework presents the semiquincentennial as a civic moment, a pause for reflection, renewal, and national storytelling. For Europeans, it may appear as an inward-looking exercise, heavy on symbolism and light on strategy.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron