China and EU look forward to positive impact of investment agreement
CGTN Europe
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3m 5s
China and the European Union said they are nearing implementation of their investment agreement, as business experts and entrepreneurs met online with European trade representatives.
The China-EU comprehensive agreement on investment (CAI), to give its full title, has not yet taken effect as it awaits regulatory approval. But that hasn't stopped figures on both sides identifying promising areas for future trade.
Italian trade commissioner Gianpaolo Bruno pointed to the Chinese manufacturing sector as one ripe for further foreign investment, but said the CAI would open up new avenues for investment in services such as telecoms and banking.
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