China and the European Union (EU) will begin a new round of talks concerning China's entry into the World Trade Organization (WTO) in the week beginning May 15, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) announced Wednesday afternoon.
MOFTEC said in a press release that China and the EU have agreed that at the invitation of MOFTEC Minister Shi Guangsheng, Trade Commissioner of the European Commission Pascal Lamy will arrive in Beijing in the week beginning May 15 for a new round of talks concerning China's WTO entry.
China and the EU held three rounds of talks earlier this year, one in Brussels and two in Beijing. China described the talks as " positive" and "fruitful."
EU was China's third largest trading partner last year. Two-way trade volume hit 55.7 billion US dollars in 1999, up 14 percent from a year ago. China was the fourth largest trading partner of the EU.
China and the European Union (EU) will begin a new round of talks concerning China's entry into the World Trade Organization (WTO) in the week beginning May 15, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) announced Wednesday afternoon.