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.
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China expressed serious concern over the escalating conflict in Iran, confirming that one Chinese national was killed in Tehran. Beijing called for an immediate halt to military operations and a return to diplomatic talks, while other Asian countries have also voiced their positions on the crisis.
China’s military said on Friday it had conducted a routine patrol in the South China Sea from 23 to 26 February, accusing the Philippines of “disrupting” regional peace and stability by organising joint patrols with countries outside the region.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
Shahid Motahari Sub-Speciality Hospital in northern Tehran and parts of the Golestan Palace were bombed on day two of the U.S.‑Israel strikes. AnewZ Touraj Shiralilou is in Iran's capital city and said that the facility was flattened in an airstrike.
The White House says deploying United States ground troops in Iran is not currently part of the military strategy in the ongoing conflict with Tehran.
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U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key Iranian naval target was destroyed, confirming that the strike was carried out by a U.S. submarine off the coast of Sri Lanka. Rescue efforts are now under way for the ship’s crew.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 4th of February, covering the latest developments you need to know.
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