Minister Kai Mykkänen: Juncker « bowing to France and giving China the finger » in the supervision of investments issue could provoke a trade war

Summary:
Finland’s Minister for Foreign Trade Kai Mykkänen is concerned about European Commission President Jean-Claude Juncker’s proposal to create a system on the EU level to supervise investments coming from third countries. Many member states are especially worried about Chinese investments in strategic sectors, but Mr Mykkänen says that the power should rest in the hands of the member states. Mykkänen is afraid that the measure might provoke a trade war. Mr Mykkänen does support Mr Juncker’s promises to advance free trade deals with Japan and Latin American countries.

Media:  Helsingin Sanomat
Date: 13.9.2017
Journalist: Pekka Mykkänen
Main source: Minister for Foreign Trade Kai Mykkänen

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