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MNI BRIEF:​​​​​ EU/China To Announce Investment Deal Weds

(MNI) LONDON

An 'in principle' China-European Union investment deal is set to be announced as soon as 1330GMT Wednesday, sources familiar with the matter in both Brussels and Beijing have told MNI. A leading hurdle to an agreement was removed Tuesday, when China committed to standards and strong wording on forced labour.

On Tuesday, Wang Wenbin, a spokesperson for China's Foreign Ministry said the investment agreement would provide a solid institutional framework guarantee for economic and trade cooperation of the two.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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