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Ursula von der Leyen

30 Dec 20, 3 tweets, 2 min read

The EU has the largest single market in the world. We are open for business but we are attached to reciprocity, level playing field & values.

Today, the EU & China concluded in principle negotiations on an investment agreement.

For more balanced trade & business opportunities.

We will improve the status quo for a fairer treatment of our companies:
➡Transparency on subsidies & disciplines on 🇨🇳 state owned enterprises
➡More market access, certainty & predictability for EU businesses
➡No more forced technology transfers & other distortive practices

This Agreement will uphold our interests & promotes our core values. It provides us a lever to eradicate forced labour. We are engaging with China to:

🔹Protect our climate under #ParisAgreement
🔹Promote rule-based multilateralism

Statement ⤵️
europa.eu/!Vg68tV

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Ursula von der Leyen

@vonderleyen

8 Jan 20

#LSEEurope: Before the end of the month, I expect both the British & European Parliaments to ratify the agreement. In just over 3 weeks, on the 31st of January, the UK will spend its last day as a member state. This will be a tough and emotional day.

But when the sun rises again on February 1st, the EU & the UK will still be the best of friends and partners. The bonds between us will still be unbreakable. We will still contribute to each other’s societies. We will still have a lot to learn from each other.

Truth is: Our partnership cannot and will not be the same as before. And it cannot and will not be as close as before because with every choice comes a consequence. With every decision comes a trade-off.

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