EU, China to sign customs cooperation agreement

EU, China to sign customs cooperation agreement The European Union and China will sign several cooperation agreements Wednesday during a bilateral meeting in The Hague.
   The European Commission said both sides will sign a “Customs cooperation and mutual administrative assistance agreement.”
   The agreement seeks to strengthen the link between customs administrations of the EU and China, with the possibility of inspection missions in both directions to ensure the effective enforcement of customs regulations, the Brussels-based body said. The agreement also aims to facilitate trade relations between the parties and establish a legal framework to reinforce the fight against fraud and illegal activities.
   European Commission president Jos' Manuel Barroso and commissioners Benita Ferrero-Waldner and Peter Mandelson will meet the team of officials of the Chinese delegation, led by China’s Prime Minister Wen Jiabao.
   Both sides will also discuss economic issues, including the Doha Development Round of the World Trade Organization and textiles, as well as political and arms control issues.