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Is the trade deal with China dangerous for the EU-ANI

 


Athens [Grecce], February 25 (ANI): December 2020, historic European Union (EU) trade agreement – the Comprehensive Agreement on Investment (CAI) with China, which aims to liberalize trade between Beijing and Brussels, could s prove dangerous for Europe.
Since the signing of the agreement by Chinese Premier Xi Jinping, the European Parliament has grown increasingly concerned about China’s human rights record on issues including alleged forced labor camps and repression in Hong Kong against anti-government protesters, the Greek City Times reported.
The trade deal raises questions about the European Union’s credibility as a champion of human rights, as it overlooked China’s human rights violations and security aspects by signing the agreement. He gave China an important victory.
The deal with the European Union is being hailed in China as a great achievement for President Xi Jinping ahead of the Chinese Communist Party’s 100th anniversary and confirmation of its power in the world, the Greek City Times reported.
Calls by the European Parliament for the deal to contain a clause binding China to international agreements on modern slavery have also been ignored.
Instead, the agreement contains only a non-binding commitment by China “to make continued and sustained efforts” to ratify the International Labor Organization’s conventions on forced labor, the Greek City Times reported. .
These concerns were echoed in a letter sent by a group of MEPs to the President of the European Commission, Ursula von der Leyen.
The appeal, signed by a dozen civil rights groups, stressed that the CAI sent the signal that the European Union was pushing for closer cooperation with China “regardless of the scale and severity. human rights violations perpetrated by the Chinese Communist Party “.
They also felt that there was little scope for European countries to take advantage of this deal by entering the Chinese market, with the overall winner being China, as they had successfully signed the deal during the power transition phase. in the United States, reported Greek City Times.
In addition, Beijing’s “ Made in China 2025 ” (MIC 2025) initiative, which aims to dominate manufacturing by 2025, is the main driver of these agreements.
MIC 2025’s overall strategy is to achieve 70% self-sufficiency in high-end industries and reduce reliance on foreign technology.
Regulations and tariffs imposed by developed countries have always prevented China from accessing advanced technologies, therefore, China is seeking such agreements that allow a liberal trading environment to promote its interests.
China Reform Holdings’ attempts to take over Imagination Technologies, a UK-based chip design company engaged in artificial research, is a case in point.
Without the timely intelligence contributions from MI6 and MI5, the British government could not have prevented this critical acquisition, the Greek City Times reported.
The European Union must understand that the Chinese threat does not come only from state actors. Chinese companies are also just one tool that China uses in international disputes, the Greek City Times reported.
The Chinese Communist Party would take advantage of the liberal environment created by the agreement to spread disinformation and propaganda and carry out widespread espionage on European soil.
Relaxing the rules and lax oversight of Chinese activities would only strengthen its ability to unleash cybernetic and hybrid warfare in Europe. In light of the above, the European Union should be wary of approving this deal. (ANI)

Warning: The opinions expressed in the above article are those of the authors and do not necessarily represent or reflect the views of this publisher. Unless otherwise indicated, the author writes in a personal capacity. They are not intended and should not be taken as representing any official ideas, attitudes or policies of any agency or institution.




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