China-EU investment deal 'important' despite 'difficulties': Merkel

German Chancellor Angela Merkel said Wednesday she remained convinced that the EU-China investment deal was an "important undertaking." 

"Despite all the difficulties that will surely arise with the ratification, it is a very important undertaking," Merkel said in a speech to her conservative CDU/CSU alliance.

The massive investment pact laid the foundations for "mutually beneficial" trade, she added.

Source(s): AFP

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