China and the EU Cooperation in the Context of COVID-19 Pandemic
- Authors: Vovenda A.V.1
-
Affiliations:
- Peter the Great Saint Petersburg Polytechnic University
- Issue: Vol 11, No 6 (2021)
- Pages: 73-78
- Section: Articles
- URL: https://journals.eco-vector.com/2223-0092/article/view/537660
- DOI: https://doi.org/10.33693/2223-0092-2021-11-6-73-78
- ID: 537660
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Abstract
Purpose. The article deals with the key areas of cooperation between the PRC and the EU in the context of modern international relations, characterized by crisis processes associated with the COVID-19 pandemic. The purpose of the study is to identify the features of interaction between China and the European Union at the present stage within the framework of the “One Belt, One Road” initiative and the “16 + 1” format aimed at strengthening partnership relations between China and the countries of Central and Eastern Europe. Results. The “PRC-EU Investment Agreement” signed in 2020 demonstrated the partners’ desire to reach a consensus on investment policy, market openness, mainly Chinese, fair competition, sustainable development, minimizing the risks of rapid entry of Chinese companies into the European market and reducing the trade imbalance in partner relations. During the online meeting of the leaders of the PRC and the EU in September 2021, the partners, despite the existing contradictions, confirmed their readiness to strengthen partnership in the current crisis conditions associated with the COVID-19 pandemic.
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About the authors
Aleksei V. Vovenda
Peter the Great Saint Petersburg Polytechnic University
Email: vovenda-1c@mail.ru; vovenda_av@spbstu.ru
Cand. Sci. (Polit.); senior lecturer at the Higher School of International Relations of the Humanitarian Institute Saint Petersburg, Russian Federation
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