President of the European Commission Jean-Claude Juncker stated that the relationship between the EU and China would be not affected by UK EU-referendum result, speaking at a joint press conference with President of the European Council Donald Tusk at the 18th EU-China summit in Beijing, Wednesday.
According to Juncker, the Brexit issue would have an impact on the British economy and on the growth expectation of Britain, which means that in the short term it "will impact the global economy to some extent". However, Juncker concluded that "there will no remaining consequences on the global economy".
Tusk commented on the recent verdict of the Permanent Court of Arbitration (PCA) in The Hague, which ruled that China could not claim the Spratly islands as their exclusive economic zone. He underlined that the EU agreed with the rule of international law, as the EU "is a part of United Nations convention and has full confidence in its proceedings and the juridical process in Hague court". He expressed his hope for "positive momentum in finding a solution to the disputes in those of the China Sea."
The senior EU representatives met Chinese President Xi Jinping on Tuesday. At the meeting with Chinese Prime Minister Li Keqiang on Wednesday, Beijing promised its European partners that it would provide fair market access for international companies present in the China.
The highlights of the summit’s agenda including the participation of the EU in the Chinese 'One Belt One Road' protect, as well as bilateral trade cooperation between China and the EU.
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