The Chinese Ministry of Commerce said today, Saturday, that China proposed the establishment of a “green channel” to accelerate the examination and approval of rare ground mineral exports to European Union companies.
According to a statement on the website of the Chinese Ministry of Commerce, consultations of commitment to prices between China and the European Union on Chinese -made electric cars exported to the bloc a final stage, but efforts are still needed from both sides.
The statement pointed out that these issues were discussed between Chinese Minister of Trade Wang One Tao and European Union Trade Commissioner Marush Shafthvich in Paris last Tuesday.
These comments are progress in issues that led to the tension of China’s relationship with the European Union over the past year.
https://www.youtube.com/watch?v=elhqgioetic
Export suspension
Since early April, China has imposed a license to export these strategic materials, which control more than 60% of its mining extraction and 92% of its refined production worldwide, according to the International Energy Agency.
China’s decision to suspend exports of a wide range of rare ground minerals and relevant magnets to the heart of the basic supply chains of automobile manufacturers, aviation and space sector companies, semi -conductors and military contractors around the world.
On another commercial issue, the Chinese Ministry of Commerce stated that the two parties discussed the thorny files associated with the exports of the French alcoholic drinks to China and Chinese electric car imports to Europe.
The ministry said today that the negotiations “in its final stages” regarding the commitment to the price of Chinese electric cars that are underway by Brussels on the fight against dumping.
As for the French code, which has been subject to Chinese sanctions since last year, it “has reached an agreement on basic items,” the ministry said.
“If it is approved, the final decision can be published before July 5,” she added.
These discussions take place with the approaching date of the upcoming European Chinese summit that will be held in July/Tamozifi China on the occasion of the 50th anniversary of the relationship between Brussels and Beijing.
This summit may lead to a balance of relations between the European bloc and China, in light of the deepening of political and commercial differences between the two parties.
