China, EU Start Trade Talks

By | January 18, 2007

The European Union and China on Wednesday kicked off negotiations on expanding cooperation in trade, climate change and other fields, starting a process that is expected to take at least a year to complete.

Benita Ferrero-Waldner, the EU commissioner for external relations, and Chinese Foreign Minister Li Zhaoxing held the first round of talks on updating a 1985 Chinese-European treaty on commercial relations. EU officials hope the new pact will launch a new wide-ranging partnership on trade, environmental protection, energy and other fields.

“We know this is a very ambitious undertaking but it is also a very important undertaking,” said Ferrero-Waldner before the meeting. Earlier in the day, Ferrero-Waldner said it could take up to two years to complete the new deal but an EU spokesman said there was no deadline. “It’s not going to happen in less than a year,” said Michael Jennings, a spokesman for the EU office in Beijing.

The 27-member European Union is China’s biggest trading partner.

A key goal of Ferrero-Waldner’s trip is to persuade China to join a European initiative to improve energy efficiency, reduce use of oil and gas and cut emissions of greenhouse gases. “This will be a main focus of this trip, to talk to our Chinese interlocutors about how to strengthen the partnership that we already have on climate change, how to help, how we can help the Chinese to develop clean coal technology,” EU spokeswoman Emma Udwin said this week.

China is trying to promote conservation in its economy, one of the world’s biggest oil consumers. But the government is reluctant to adopt binding emissions limits, arguing that its people are too poor and its companies lack technology to set stringent goals. Udwin said EU officials also would raise human rights in the talks.

Earlier, Ferrero-Waldner and Vice Commerce Minister Yi Xiaozhun signed an agreement to create the China-Europe School of Law. The EU said it would contribute €18.2 million ($23.5 million) to the project.

Other agreements signed by Ferrero-Waldner and Yi call for the two sides to set up projects to improve China’s protection of patents and other intellectual property and to teach high-level business skills to Chinese students.

The EU complains that China is failing to protect foreign intellectual property, costing European companies billions of dollars (euros) a year in lost potential sales. Beijing has criticized EU antidumping duties imposed on imports of Chinese-made shoes.
The two governments said the law school would be run by a group of European academic institutions and at least one Chinese partner. They did not say when it would be set up or where.

The school is meant to “improve the understanding of the Chinese legal profession of European and international law and will help European professionals, academics and students to widen their knowledge of Chinese law,” said an EU statement.

Ferrero-Waldner on Wednesday also met with Chinese State Councilor Tang Jiaxuan.

Topics Europe China

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