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

Russia and China warn the EU about Euroclear billions

N. Peter KramerBy: N. Peter Kramer

Russian Prime Minister Mikhail Mishustin went on a working visit to Cina. After a meeting with his Chinese colleague Li Qiang in the city of Hangzhou, an extensive press release was published yesterday.

Europe

Can the EU Meet the Trump Moment?

Can the EU Meet the Trump Moment?

The second term of U.S. President Donald Trump is pushing Europeans to strengthen their capacity for collective action. But their biggest challenge comes from within: U.S.-backed radical-right parties that want to weaken the EU.

Business

China to loosen chip export ban to Europe after Netherlands row

China to loosen chip export ban to Europe after Netherlands row

Beijing has said it will loosen a chip export ban it imposed after Dutch authorities took over Nexperia, a Chinese-owned chipmaker based in the Netherlands.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2025. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron