
403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
China Confirms Major Disputes With EU Over Hiking Tariffs On Electric Vehicles
(MENAFN- Kuwait News Agency (KUNA))
BEIJING, Oct 12 (KUNA) -- China on Saturday affirmed that it has been embroiled in major disputes with the European Union over planned higher fees on imported Chinese electric vehicles.
A spokesperson of the Ministry of Commerce said in a statement that differences remained despite organizing marathon negotiations, held over the past week, with the Europeans aimed at sorting them out.
China had held up to eight rounds of intensive negotiations with the European side in Brussels. The talks had been held after the Chinese Minister of Commerce Wang Wentao had talks with Vladis Dombrovskis, the Executive Vince President of the European Commission, on September 19th, when the two sides agreed on exerting further efforts to advance the dialogue.
The ministry spokesman called on the European bloc to abstain from holding separate talks with Chinese companies that manufacture the electric vehicles, warning that such an approach would undermine mutual confidence.
He hoped that the EU would send a delegation to China, as soon as possible, to pursue the consultations "in a constructive manner."
The EU Commission has recently voted in favor of imposing additional tariffs reaching 45 percent on the Chinese electric cars.
China has retaliated by taking restrictive measures against imported European commodities, such as raising tariffs on some imported European products, amid fears that the tit for tat measures might ultimately snowball into a full-fledged "trade war" between the two powers. (end)
slq
A spokesperson of the Ministry of Commerce said in a statement that differences remained despite organizing marathon negotiations, held over the past week, with the Europeans aimed at sorting them out.
China had held up to eight rounds of intensive negotiations with the European side in Brussels. The talks had been held after the Chinese Minister of Commerce Wang Wentao had talks with Vladis Dombrovskis, the Executive Vince President of the European Commission, on September 19th, when the two sides agreed on exerting further efforts to advance the dialogue.
The ministry spokesman called on the European bloc to abstain from holding separate talks with Chinese companies that manufacture the electric vehicles, warning that such an approach would undermine mutual confidence.
He hoped that the EU would send a delegation to China, as soon as possible, to pursue the consultations "in a constructive manner."
The EU Commission has recently voted in favor of imposing additional tariffs reaching 45 percent on the Chinese electric cars.
China has retaliated by taking restrictive measures against imported European commodities, such as raising tariffs on some imported European products, amid fears that the tit for tat measures might ultimately snowball into a full-fledged "trade war" between the two powers. (end)
slq
.jpg)
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- MEET48 Officially Announces TGE And $IDOL Listing On Binance Wallet, Bitget, Gate, MEXC, And Pancakeswap On June 11
- David Kinitsky Joins Everstake As CEO To Drive Institutional Growth, Investment And Global Expansion
- Replace Raises $2.1M To Advance AI-Powered Site Selection For Energy And Data Projects
- Rhuna Brings Next-Gen AI & Blockchain Event Infrastructure To Aptos Network
- Renowned Tech VC Backs Web3 Project At $470M Valuation
- Caffeine.Ai Waitlist Opens After Landmark Live Demonstration At World Computer Summit
Comments
No comment