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China, EU Agree to Strengthen Cooperation Sustainable Development.

China, EU Agree to Strengthen Cooperation Sustainable Development.

The leaders of the European Council, the European Commission and China reaffirmed their determination to work together for peace, prosperity and sustainable development and their commitment to multilateralism at the 21st EU-China Summit. In a joint statement,The EU and China are committed to addressing global environmental challenges and enhancing their cooperation in their ongoing bilateral dialogues.

The EU and China underline their “strong commitment to implement the Paris Agreement and the Montreal Protocol” and intensify their cooperation on the basis of the joint declaration of leaders on climate change and clean energy. 2018, recognizing the reform of fossil fuel subsidies and key milestones in carbon pricing. Both parties agreed to strengthen cooperation in the area of ​​green finance to channel private capital flows to a more environmentally sustainable economy and to work towards a climate action summit. September 2019 and positive result of the Sustainable Development Goals. The EU and China will also implement the “Memorandum of Understanding on the Circular Economy”.

With regard to global environmental challenges, the EU and China stand ready to deepen cooperation on a number of issues, including stopping the loss of biodiversity, combating the illegal trade in wildlife and wildlife. products derived from wild animals, the fight against illegal logging and related trade, and the fight against desertification and land degradation Sustainable Forest Management (SFM). The EU and China declare their intention to work together to achieve a global framework for post-2020 biodiversity at the 15th meeting of the Conference of the Parties (COP 15) to the Convention on Biological Diversity (CBD) which will be held in Kunming (China). in 2020. The EU and China reaffirm their commitment to implement the Blue Oceans Partnership, including by combating Illegal, Unreported and Unregulated (IUU) fishing and creating Marine Protected Areas in the Mediterranean. Antarctic Ocean. Both parties subscribe to the financial principles of the sustainable blue economy on sustainable investments in the oceans.

With regard to the United Nations Convention on the Law of the Sea (UNCLOS), the EU welcomes ongoing consultations between China and the Association of Southeast Asian Nations (ASEAN) ), which aim to conclude an effective code of conduct for the South China Sea. In their statement, China and the EU call on all parties concerned to dialogue, to settle their differences in a peaceful manner and to “refrain from any action likely to increase tensions”.

On global challenges and governance, the EU and China reaffirm their respect for international law and international relations standards, with “the UN at the heart”. The EU and China pledge to defend the three pillars of the United Nations system, the United Nations Charter and the United Nations Charter. international law. Both sides support the rules-based multilateral trading system based on the World Trade Organization (WTO) and reaffirm their willingness to cooperate in reforming the WTO to meet the challenges of global trade. The EU and China reaffirm their support for the Group of 20 (G20) and the search for a positive and results-oriented summit in Osaka.

The statement by the EU and China addresses a number of other issues of common interest, including bilateral relations and foreign and security policy. To broaden and deepen exchanges and cooperation beyond 2020, the EU and China have agreed to adopt a new cooperation agenda by the next EU-China summit.

Source: SDG Knowledge Hub.