Chinese demands on nuclear power investment complicate EU talks

Chinese demands on nuclear power investment complicate EU talks – WiWo, Reuters Staff BERLIN (Reuters) 23 De 20, – Negotiations between the European Union and China on an investment agreement have stoche reported on Wednesday.

The issue of nuclear power is controversial among EU countries because such invealled at the last stretch because China is raising additional demands on nuclear energy, German magazine WirtschaftsWstments could put sensitive infrastructure under Chinese control.

“China wants to invest in European nuclear power plants and use Chinese technology in this area,” WirtschaftsWoche cited EU sources as saying.

During the negotiations, China had indicated to its European counterparts that it viewed its own technology in this field as more advanced, the report said

Several EU member states reject nuclear energy or have decided to withdraw from the technology within the next few years.

The EU and China aim to reach an investment accord by the end of the year that would grant European companies greater access to the

Chinese market, according to German and EU officials.

The EU-China Comprehensive Agreement on Investment would put most EU companies on an equal footing in China, potentially a big step

in repairing Sino-European ties after the coronavirus outbreak in China and Beijing’s crackdown on dissent in the former British colony of Hong

Kong………. https://www.reuters.com/article/us-eu-china-trade/chinese-demands-on-nuclear-power-investment-complicate-eu-talks-wiwo-idUSKBN28X1W8

December 24, 2020 - Posted by Christina Macpherson | business and costs, EUROPE, politics international

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