|Strategic issues on agenda at EC-China trade talks
The European Commission said tomorrow’s economic and trade talks with China would be an important opportunity to improve economic and trade relations.
The EC and China will “continue their close working relationship with the fourth High Level Economic and Trade Dialogue taking place on October 24 in Brussels," the EC said in a statement on its website.
The HED offers an opportunity to discuss strategic issues in the EU-China economic and trade relationship, said the EC, Xinhua reports.
According to EC Vice-President in charge of economic and monetary affairs Olli Rehn, the meeting would be an opportunity for the EU and China to better “understand each other's perspectives and problems."
Established by EU and Chinese leaders in 2007, the HED is a key mechanism for managing cooperation and competition between the two economies.
EU and Chinese official would discuss macro-economic challenges facing the international economy, future sources of growth, industrial policy questions as well as trade and investment issues, and customs cooperation, said the EC.
The HED represents an opportunity to discuss ongoing reforms as well as the need for continued bilateral and multilateral cooperation in the G20 and elsewhere, according to the statement.
The dialogue will also prepare the EU-China Summit in November, where the negotiations for an investment agreement are expected to be launched, the EC said.