Caixin
Feb 26, 2021 07:55 PM
WORLD

Xi and Macron Call for Prompt Ratification of China-EU Investment Pact

What’s new: Chinese President Xi Jinping and French President Emmanuel Macron have called for joint efforts for an early entry into force of the China-EU investment agreement, according to a statement released by Chinese foreign ministry.

Speaking via phone on Thursday, the two presidents agreed to work together to push forward the ratification process of the China-EU Comprehensive Agreement on Investment, which expands European market access to China, the statement said.

What’s more: Xi also emphasized that China and France should continue to champion multilateralism and inspire global efforts, making due contributions to achieving an early victory in humanity’s fight against Covid-19, according to the statement.

He noted that China has offered Covid-19 vaccine aid to more than 50 developing countries and stands ready to work with France to support the World Health Organization’s role in international cooperation against the pandemic.

On the call, Macron said that France stands ready to strengthen communication with China in international affairs, and looks forward to working with China to encourage the international community to roll out debt suspension and relief for Africa and help the continent achieve economic growth.

France also stands ready to continue its close cooperation with China in tackling global challenges such as climate change and public health, he said, adding that his country supports China in hosting the upcoming U.N. Biodiversity Conference.

Quick Takes are condensed versions of China-related stories for fast news you can use.

Contact reporter Lu Zhenhua (zhenhualu@caixin.com) and editor Heather Mowbray (heathermowbray@caixin.com)

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