EU Talks with China on Trade Deficit
The European Union and China will talk for three months. They want to fix a trade problem. The talks will help make their relationship better.
The European Union is concerned about a trade imbalance of €360 billion with China. The European Commission wants to discuss this issue with China. They plan to use working groups to solve disagreements. These disagreements are about trade and investment. The goal is to create a fairer trade relationship between the two countries.
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Highlights
EU and China Talks
The EU and China will talk for three months.
Trade Deficit Focus
The talks address a €360 billion trade deficit.
Commission's Demand
The European Commission wants clear results in three months.
Working Group Approach
Working groups will discuss trade and investment disagreements.
Balanced Relationship Goal
The aim is a ‘more balanced’ relationship.