BRUSSELS: EU member states gave political backing to Brussels’ planned investment pact with China on Monday, clearing the way for a deal between the world’s biggest economic blocs.
At a meeting of ambassadors, the German EU presidency noted that no member had “raised a stop sign and the way for a political endorsement was thus cleared”, a diplomat said.
The diplomats noted “recent positive developments” in negotiations, with China reportedly addressing concerns over the alleged use of forced labour on its farms.
This came after the Chinese foreign ministry said last week that “negotiations have entered the final stretch” — and a second EU diplomat said an agreement could…
