China Investment Critique in the EU – Current News

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According to the South China Morning Post, Vang spoke at the 57th meeting of the Munich Security Conference this year.
Vang criticized the European Parliament’s suspension of ratification of the investment deal with China, saying he was surprised at the EU’s decision to punish Chinese officials for alleged human rights violations in the Xinjiang Uyghur Autonomous Region.
Defending that it is wrong to link human rights to trade issues, Vang claimed that the allegations of genocide in the Uyghur region were “lies and rumors”. Noting that the investment deal is not a one-sided favor, Wang said, “The problem with Xinjiang is based on Chinese sovereignty and security.” mentionned.

Saying that the EU sanctions reminded the Chinese of “the days when European imperialists were intimidated,” Vang said, “of attempts by some in the EU to link issues of a different nature and turn issues around. commercial issues are unacceptable “. used the expression.

EUROPEAN PARLIAMENT DOES NOT APPROVE EU-CHINA INVESTMENT AGREEMENT

During the EP General Assembly session on May 20, the draft resolution on the sanctions imposed by China against European institutions and MEPs was approved by 599 “yes”, 30 “no” and 58 “Abstentions”. In the draft resolution, in which China’s sanctions against the EU were condemned, it was stated that the EU-China investment agreement, which was concluded in December due to sanctions imposed by China , will not be approved by the EP. In the draft, which required lifting China’s sanctions in order to start the process of approving the deal, EU sanctions against the Chinese people and institutions were also supported due to human rights violations. man against Uyghur Turks. In December, an agreement was reached as part of the negotiations on the investment agreement between the EU and China, which have been ongoing since 2014. The agreement aimed to allow European investors to have better access to Chinese markets. The agreement had to be ratified by EU member states and the EP to enter into force. In March, the EU imposed sanctions on 4 Chinese officials and 1 institution for pressure and human rights violations against Uyghur Turks in the Xinjiang Uyghur Autonomous Region of China. China also retaliated and decided to impose sanctions on 10 people, including 5 MEPs, and 4 institutions, including the EP Human Rights Sub-Committee.

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