Foreign and Military Affairs

China, EU to promote trade and investment

Updated: 2009-11-30 20:16

The EU expressed support for China's efforts to accede to the WTO Government Procurement Agreement and encouraged China in its preparation of a revised offer, the joint statement said.

The two sides commended the important role of the previous three G20 Summits in tackling the global financial crisis, and supported G20 as the premier forum for international economic cooperation focusing on world economic, financial and development issues.

They agreed to work with other countries and regions to build a fair, just, inclusive, stable and resilient international financial system, and to support the sustainable growth of economies in their regions and the world at large, not least by fighting all forms of protectionism, keeping open and free trade and strengthening support for developing countries.

They agreed to further strengthen international financial regulation and intensify cooperation and coordination of their macroeconomic policies.

Leaders welcomed the discussions in Nanjing on Nov. 29 between the representatives of the euro-zone and the Chinese authorities on macroeconomic policy issues, the joint statement said.

The joint statement said leaders expressed their determination to work to conclude in 2010 the negotiations on the Doha Development Agenda and their commitment to an ambitious, comprehensive and balanced agreement.

Both sides believed that closure of the Doha Round should be consistent with its mandate and on the basis of progress already made, and called on all WTO members to work to close the Round in 2010.


   Previous Page 1 2 Next Page