Macron is likely to abandon the EU-China agreement as a result of the electoral uprising, which has been “attacked from both sides!” ’.
EMMANUEL MACRON is facing a backlash from across the French political spectrum over the EU-China trade agreement.
According to German MEP Reinhard Bütikofer, the French President would likely abandon further attempts to pass the contentious EU-China Comprehensive Agreement on Investment (CAI). Macron is up for re-election in 2020, and Bütikofer noted that the China pact has been criticized by both the left and the right in France.
“Merkel is trying to promote Macron to the Chinese leadership as the one leader who would assume her role with China,” Mr Bütikofer told this website.
“I don’t think Macron will have the same impact on the world as Merkel did.
“He’s been spotted carrying water on both shoulders, so he’s well aware that the CAI isn’t well-liked in France.
“I don’t think he wants to hang this millstone over his neck for the next Presidential Election,” the MEP added. “He has been chastised from both the right and the left.”
Bütikofer also cautioned that any attempt by Paris and Berlin to ram the EU-China Comprehensive Agreement on Investment (CAI) through the European Parliament would put the European Commission at conflict with European Parliamentarians.
At the end of last year, the French President came out in support of the EU-China investment treaty.
The news of the arrangement sparked outrage across the French political establishment at the time.
“We have to be clear: This pact will encourage European enterprises to invest in China,” said French MEP Hervé Juvin of the National Rally party.
“At a time when the Covid crisis is wreaking havoc on the economies of certain European countries, is it a good time to support even greater [industry]delocalization?”
” Human rights concerns, such as China’s treatment of Uighur Muslims in the Xinjiang area, have also been raised over the agreement.
“The hurry to sign the deal, in order to appease huge firms that have gone to China, raises the important question of political autonomy in Europe,” said socialist MEP Raphael Glucksmann.
“It is past time to reaffirm the general interest over the interests of Volkswagen and other shareholders.” “The human rights problem has a tremendous potential to mobilize France’s public opinion,” the trade added. “Brinkwire News in Condensed Form.”