China says it may speed up rare earths application approvals from EU
- This week, China stated it will accelerate the process for authorizing shipments of rare earth minerals to the EU in an effort to reduce trade frictions.
- This follows Beijing’s April decision to require licenses for rare earth exports and ongoing discussions with the EU on trade controls.
- On Tuesday in Paris, Chinese Commerce Minister Wang Wentao held talks with Maros Sefcovic, the European Commissioner responsible for trade and economic security, focusing on rare earth export regulations, anti-dumping investigations, and tariffs affecting electric vehicles.
- The Commerce Ministry stated China will establish a 'green channel' to fast track qualified rare earth export applications, emphasizing cooperation and timely communication.
- The effort signals potential easing of EU-China trade frictions and aims for a final ruling on related issues before July 5, with a summit planned next month.
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With a clear conscience in its field of rare land, China has not made life easier for businesses in the European Union (EU) and the United States of America (US).
·Portugal
Read Full ArticleShanghai. China is ready to accelerate the approval of rare earth exports to European Union (EU) companies and will also issue a verdict on its commercial investigation of brandy imports before July 5, announced yesterday its Ministry of Trade.
·Mexico
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Total News Sources71
Leaning Left5Leaning Right11Center10Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 19%
C 38%
R 42%
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