lørdag 23. januar 2021

The EU-China investment agreement is a disaster for the West

The EU-China Comprehensive Investment Agreement that was announced in December 2020 at joint virtual press conference between Ursula von der Leyen, Charles Michel, Xi Jinping, Angela Merkel and Emmanuel Macron is a disaster for the western world. It fails to address human rights violations in China. It doesn’t tackle the problem of forced labour (slavery). It legitimises an authoritarian regime. And most of all, it won’t create the jobs for Europeans that it promises.

The Investment Agreement, which is yet to be made available to the public or Members of the European Parliament, is billed as being a vehicle to bring new investment from the People’s Republic of China to the European Union. Whilst on the surface this may seem fine, according to articles produced by those few who have seen the agreement, there are strings attached.

Chiefly amongst them is the insistence that the EU won’t force China to sign up to the International Labour Organisations convention on the use of forced labour. What this means is that the Communist Party in China will be given a blank cheque to continue using ethnic Uyghurs and Tibetans as forced labour across the country.