The EU and China have agreed to increase cooperation in supply chain disruptions in addition to bilateral trade and investment. Speaking at the 9th EU-China High-level Economic and Trade Dialogue (HED), the two sides discussed global economic challenges, disruptions to the supply chain caused by Covid and the impact of Russia’s invasion on Ukraine.
“The EU and China are key trading partners,” said Executive Vice-President Valdis Dombrovskis. “The importance of our economies comes with a responsibility to shape joint responses to global economic and trade challenges, such as disruptions in supply chains, global food insecurity, debt relief for the most vulnerable countries and reform of the World Trade Organization.
