HONG KONG – China’s Commerce Minister Wang Wentao and the European Commission’s Valdis Dombrovskis expressed political will to resolve differences over the European Union’s ongoing anti-subsidy investigation into Chinese EVs during a meeting in Brussels, Xinhua said on Thursday.
China and the European Union engaged in a “comprehensive, in-depth, and constructive consultation” where both sides “expressed clearly their political will to resolve their differences through consultations,” Xinhua said.
The two sides agreed to continue pushing forward negotiations on the price commitments and “spare no effort to reach a mutually acceptable solution through friendly dialogue and consultation.”
The meeting comes as the European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU’s standard 10% car import duty.
The EU’s 27 members are due to vote on the proposed final duties on September 25. They will be implemented by the end of October unless a qualified majority of 15 EU members representing 65% of the EU population votes against the levies.
(Source: Reuters)
