Chinese Ministry: Negotiations and Sides

chinese ministry: Under the efforts of both sides, the negotiations have maintained positive momentum and yielded positive progress, Gao Feng, a spokesperson for the Chinese Ministry of Commerce MOFCOM told a press briefing in Beijing, according to Global Times China. The two sides concluded a round of negotiations on Tuesday in Beijing, where they focused on the text of the agreement and discussed the exchange and revision of a demand list, according to Gao. Given the ratcheted-up efforts from China and the EU, the two sides are likely to wrap up negotiations on technical issues by the end of this year and sign the BIT by 2020, as previously planned by top officials, analysts said on Thursday. This was the 23rd round of negotiations between China and the EU, since talks were launched in 2013. Gao said that to reach the goal, the two sides have invested more in the negotiations and increased the frequency of the negotiations, noting that Chinese and EU officials have conducted four rounds of face-to-face talks and they have also been meeting on other occasions and platforms. At a bilateral forum in April, leaders of the two sides determined that they will push to reach decisive progress by the year's end and reach a high-level treaty by 2020. (news.financializer.com). As reported in the news.