On June 30, 2023, the European Council convened to discuss and formulate its official conclusions on the European Union’s relationship with China.
With its ever-growing economic might and geopolitical influence, China has become a focal point for many nations worldwide.
The European Council’s deliberations centered on shaping a balanced approach towards China, one that encompasses both economic cooperation and addresses concerns related to human rights, trade practices, and security issues.
Emphasizing Economic Cooperation:
The European Council acknowledged the importance of economic cooperation between the European Union and China.
Recognizing China as a significant trading partner, the Council aimed to strengthen economic ties in areas such as investment, market access, and fair competition.
It emphasized the need for a level playing field, including reciprocity in market access and fair treatment for European businesses operating in China.
The European Council emphasized the importance of ensuring that trade relations are based on international rules and standards.