Subscribe free to our newsletters via your
. Space Travel News .




TRADE WARS
EU hesitant on free trade deal with China: source
by Staff Writers
Brussels (AFP) May 07, 2013


Even as it seeks free trade deals with the United States and Japan, the EU sees little near-term prospect of a similar accord with China, one of the bloc's most important trading partners, a senior EU official said Tuesday.

The official, who asked not to be named, said trade and investment were hugely important to the relationship with Beijing, the EU being China's largest single market.

The source said Chinese officials had "mentioned again" the issue of a Free Trade Agreement during a visit to China last month by EU foreign affairs head Catherine Ashton.

The EU feels, however, that an investment accord was the most appropriate next step while an FTA would "not be excluded in the medium- to longer-term," the official said.

Whether China is ready for a "deep and comprehensive" FTA of the type the EU would want was a matter that "we would have to explore," the official added.

The official said the EU had also reassured Beijing that an FTA with Washington would benefit all sides, including China.

The accord was "not aimed at closing the transatlantic relationship" but rather at opening it up, the official added.

Beijing has expressed concerns over what it sees as US efforts to contain its power in Asia and the Pacific, being especially critical of Washington's 'pivot' back to the region under President Barack Obama.

The EU official did not detail the obstacles to an FTA with China but there have been a series of tit-for-tat disputes over market access, most recently in solar panels, and intellectual property rights.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Hong Kong port workers vote to end strike
Hong Kong (AFP) May 6, 2013
Hundreds of workers at a Hong Kong container port operated by tycoon Li Ka-shing voted Monday to end a 40-day strike, one of the city's longest-ever, after their employers offered a 9.8 percent pay rise. The stoppage had disrupted traffic at Hong Kong's container port, the world's third busiest. Protests spread to the Central financial district, where workers staged demonstrations outside th ... read more


TRADE WARS
ESA's Vega launcher scores new success with Proba-V

European Vega rocket launch delayed due to weather

First of Four Sounding Rockets Launched from the Marshall Islands

Checkout is underway with O3b Networks' four satellites to be orbited on the next Arianespace Soyuz launch

TRADE WARS
Every dollar must go to bridge gaps to Mars: NASA

Dream of Mars exploration achievable, experts say

Landslides and lava flows at Olympus Mons on Mars

NASA Invites Public to Send Names And Messages to Mars

TRADE WARS
Scientists Use Laser to Find Soviet Moon Rover

Characterizing The Lunar Radiation Environment

Russia rekindles Moon exploration program, intends setting up first human outposts there

Pre-existing mineralogy may survive lunar impacts

TRADE WARS
'Vulcan' wins Pluto moon name vote

Public to vote on names for Pluto moons

The PI's Perspective: The Seven-Year Itch

New Horizons Gets a New Year's Workout

TRADE WARS
NASA's Spitzer Puts Planets in a Petri Dish

Two New Exoplanets Detected with Kepler, SOPHIE and HARPS-N

Astronomer studies far-off worlds through 'characterization by proxy'

Mysterious Hot Spots Observed In A Cool Red Supergiant

TRADE WARS
AFOSR-funded research key to revolutionary 'green' spacecraft propellant

Air Force's experimental scramjet aircraft hits Mach 5.1 -- 3,880 mph

SNC's Hybrid Rocket Engines Power SpaceShipTwo on its First Powered Flight Test

Hot-fire Tests Steering the Future of NASA's Space Launch System Engines

TRADE WARS
China launches communications satellite

On Course for Shenzhou 10

Yuanwang III, VI depart for space-tracking missions

Shenzhou's Shadow Crew

TRADE WARS
Dawn On Route From Vesta to Ceres

Nine-Year-Old Names Target of UA-led NASA Mission

Asteroid Could Fly 8,600 Km From Earth in 2026

Astronomer: Asteroid could make close flyby in 2026




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement