On 23 April 2015 I joined the Annual General Meeting of the European Chamber.
Lots of speeches, by all the candidates for “election”, as well as by Francisco Pérez-Cañado, Minister Counsellor, Head of the Trade Section of the Delegation of the European Union.
There was no real election (as last year), as there were just enough candidates for the posts. Results:
President: BASF (China) Co Ltd, Jörg Wuttke (again)
Vice Presidents: Chiomenti Studio Legale, Sara Marchetta; Scania Sales (China) Co Ltd, Mats Harborn; Total (China) Investment Co, Ltd., Bertrand de La Noue
Treasurer: ABB (China) Ltd, Lars Eckerlein
The EU and China are currently negotiating for a Comprehensive Agreement on Investment, which aims not only at providing state-of-the-art investment protection rules, but also at eliminating market access barriers for EU companies.
The EU has a lot in the balance but needs to drastically change its strategy and show a unified front in dealing with China. Right now, first thing to do is for the EU to put its house in order. To be honest, I am not really optimistic seeing all the divisions between the member countries and the lack of attention from the EU overall to deal with China. Most countries are simply too busy trying to cope with their internal problems. All this while China ought to be a top priority.
An excellent overview can be found here:
The European Union’s China Policy: Priorities and Strategies for the New Commission
Published April 2015 by Guy de Jonquières, European Centre for International Political Economy (ECIPE) (Based in Brussels)
http://www.ecipe.org/app/uploads/2015/04/The-European-Union%E2%80%99s-China-Policy.pdf