Negotiations between China and the European Union regarding electric vehicle price commitments are in their final stages, although both sides acknowledge that further efforts are required to reach a resolution.
This update comes from a statement released by China's Ministry of Commerce (MOFCOM) on Saturday, following a meeting between Chinese Commerce Minister Wang Wentao and EU Commissioner for Trade and Economic Security Maros Sefcovic in France on June 3.
The MOFCOM statement highlighted that the discussions between Minister Wang and Commissioner Sefcovic were focused, candid, and in-depth on a range of urgent and important issues. These included the EU's ongoing anti-subsidy probe into Chinese EVs, China's anti-dumping probe on EU brandy, and export controls. Both parties urged their respective working teams to intensify preparations for this year's key China-EU economic and trade agenda.
Crucially, regarding the EV case, MOFCOM stated that professional and substantive discussions took place, significantly advancing the matter toward a proper resolution. The EU side reportedly proposed exploring new technical approaches in parallel, which China will now evaluate for feasibility from both legal and technical standpoints.
This meeting aligns with earlier reports, which indicated that Chinese Commerce Minister Wang Wentao was slated to meet EU Commissioner for Trade and Economic Security Maros Sefcovic on the sidelines of a WTO ministerial meeting in Paris in early June. A source familiar with the matter had previously stated that the two sides would engage in in-depth exchanges on the important topic of China-EU economic and trade cooperation and make preparations for China-EU high-level exchanges.
The progression of these talks signals a concerted effort by both China and the EU to navigate complex trade issues and foster continued economic cooperation, despite ongoing investigations and potential trade disputes. The focus now shifts to the evaluation of the proposed technical approaches and the final push towards a mutually agreeable solution for the EV price commitments.
NASA announced on Tuesday it has cancelled plans to deploy a space station in lunar orbit and will instead...
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered...
A drone has flown into Estonian airspace from Russia. It happened early on Wednesday morning and slammed into a...
Moldova's parliament approved the introduction of a 60-day energy state of emergency after Russian attacks in ...
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the stat...
China is raising domestic petrol and diesel prices under temporary measures to manage a sharp surge in global oil costs, aiming to support fuel suppliers while maintaining market stability during a period of heightened volatility.
Australia and the European Union signed a trade deal on Tuesday that was eight years in the making, removing tariffs for almost all European goods and for nearly all exports of Australian critical minerals.
Chinese researchers have announced a major breakthrough in lithium battery technology - a development that could significantly improve the performance, safety and lifespan of batteries used in everything from smartphones to electric vehicles.
Uzbekistan has outlined plans to select its first astronaut and launch two Earth observation satellites, as it steps up efforts to build a national space programme and strengthen its scientific and technological capacity.
U.S. President Donald Trump said the U.S. was talking to the right people in Iran to make a deal on Tuesday (24 March), as Pakistan's Prime Minister offered to host peace talks between the two countries to bring about an end to the conflict.
Afghan authorities say Pakistani jets entered northern Afghanistan, while Pakistan insists its actions target terrorism, highlighting continued strain after a temporary Eid ceasefire ended.
As conflict continues to unsettle the Middle East, airlines are being forced to make difficult, fast-moving decisions - redrawing flight paths and searching for safe skies. Amid this uncertainty, Azerbaijan has emerged as a crucial gateway linking Europe and Asia.
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered to be a mediator and a reported 15 point plan has been sent to Tehran. Welcome to AnewZ's coverage of the tensions in the Middle East.
FinaFinal results from Slovenia’s parliamentary elections indicate a near tie between the Slovenian Democratic Party (SDS) and the liberal Freedom Movement Slovenia (GS), leaving neither side with a clear path to power.
British police said they arrested two men in connection with the suspected antisemitic arson attack on four Jewish community ambulances in north London earlier this week.
A drone has flown into Estonian airspace from Russia. It happened early on Wednesday morning and slammed into a chimney at a local power station, the Baltic country's Internal Security Service told public broadcaster ERR.
Moldova's parliament approved the introduction of a 60-day energy state of emergency after Russian attacks in neighbouring Ukraine knocked out of service a power line providing most of the country's energy. Deputies approved the measure with 72 votes in favour in the 101-member chamber.
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child sexual exploitation on those platforms.
A flotilla carrying humanitarian aid arrived in Havana on Tuesday morning (24 March) amid a U.S. oil blockade that has dealt a major blow to the island's already ailing energy infrastructure.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment