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November 27, 2021

2014, Year of Promoting China-CEE Investments and Businesses

The Premiers present in Bucharest have jointly outlined the guiding lines for cooperation between China and Central and Eastern European states, and have affirmed that this cooperation will take place in conformity with their own laws and in the case of EU member states in conformity with EU legislation, the Romanian government informed through a press communiqué.
The evolution of the projects signed with China will be analyzed during a government meeting in January because the Chinese partners “make offers but it is up to us to clinch them,” Premier Victor Ponta told the ministers during the government meeting on Wednesday.
The provisions agreed by the participants are: organizing China-CEE summits of heads of government every year in order to examine the achievements and to set the direction of future cooperation. The sides will discuss and establish the date and place of the 2014 summit as soon as possible. Taking into consideration the formulation of a medium-term cooperation agenda when appropriate, considering the way in which China-CEE cooperation develops. Promoting cooperation in the investments, economic and trade domains. Categorical opposition towards all forms of protectionism. Working to mutually promote investments, intensify and improve economic and trade cooperation, while at the same time trying to ease its current imbalances. Designating and announcing 2014 as the Year of Promoting China-CEE Investments and Businesses and, as part of this framework: to organise a China-CEE ministerial summit for the promotion of economic and trade cooperation; to organise an exhibition of CEE merchandises in China; to organise, in China, a China-CEE symposium for the promotion of investments; to organise an event for the promotion of China-CEE investments at the Investments and Trade Fair in China; to organise a Chinese Investments Forum in the Czech Republic; to establish a mechanism of linking investment promotion agencies; to support the setting up of a China-CEE association of commerce chambers which the chambers of commerce from China and the CEE would volunteer to join.

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