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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Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
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Senior Russian officials have condemned the United States’ recent military strikes on Iran, warning of a spiralling regional conflict and accusing U.S. President Donald Trump of igniting a "new war" that could backfire by strengthening Iran's leadership.
The United States has clarified that its recent military strikes on Iranian nuclear facilities were not intended to overthrow the Iranian government, but to neutralise what it described as urgent threats to national security, amid rising tensions and fears of broader regional conflict.
The Pentagon concluded a high-stakes press briefing Saturday afternoon following the U.S. strikes on Iran’s nuclear facilities, outlining the scale and success of the mission while stressing the door remains open to diplomacy.
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Senior Russian officials have condemned the United States’ recent military strikes on Iran, warning of a spiralling regional conflict and accusing U.S. President Donald Trump of igniting a "new war" that could backfire by strengthening Iran's leadership.
The United States has clarified that its recent military strikes on Iranian nuclear facilities were not intended to overthrow the Iranian government, but to neutralise what it described as urgent threats to national security, amid rising tensions and fears of broader regional conflict.
Iran's top security body, the SNSC, will decide on closing the Strait of Hormuz, a critical oil and gas chokepoint, after parliament's reported approval. A Revolutionary Guards commander stated the measure is "on the agenda," signaling escalating tensions.
Azerbaijan’s Foreign Ministry on Saturday voiced deep concern over the escalating tensions following the United States’ military strikes on Iranian nuclear facilities, calling on all sides to prioritize diplomacy over confrontation.
The Pentagon concluded a high-stakes press briefing Saturday afternoon following the U.S. strikes on Iran’s nuclear facilities, outlining the scale and success of the mission while stressing the door remains open to diplomacy.
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