Trade Agreements Between Eu And China

[14] Germany is very focused on the investment agreement with China. In an increasingly localized world, services such as finance, insurance, transport, logistics and communication provide important inputs, which is a decisive support for the rest of the economy. The European Union, which represents its 28 member states, and China are both members of the World Trade Organization (WTO) and are participating in the ongoing discussions on the Trade in Services Agreement (TiSA). The volume of trade in services of all participating countries represents 70% of the total world volume. TiSA is an important instrument for increasing the share of trade in services by removing existing barriers. TiSA offers new opportunities for service providers while promoting growth, employment and prosperity for all participating members. . . .

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