According to Bloomberg, European Commission Trade and Agriculture Spokesperson Olof Gill said in a statement that EU Trade Chief Valdis Dombrovskis and China Commerce Minister Wang Wentao had a video call on October 25 to discuss the current progress of China-EU negotiations on electric vehicle tariffs.
The two sides agreed to continue technical negotiations in the near future.
, Photo source: EU, China called the video conference “candid and constructive.
” According to a statement from China’s Ministry of Commerce, although China and Europe have made progress in certain areas, major differences still exist on core issues of common concern to both sides.
The statement said that China agreed to immediately start the next stage of talks and welcomed the European delegation’s visit to China.
At the same time, Wang Wentao called for further discussions on the electric vehicle export price commitment agreement on a “pragmatic and balanced” basis, and hoped to achieve a “substantial breakthrough” as soon as possible.
The two sides discussed whether agreement could be reached on so-called price commitments, a complex mechanism to control export prices and quantities designed to replace countervailing tariffs.
The EU has repeatedly said that “any solution needs to comply with World Trade Organization rules, sufficient to eliminate the impact of China subsidies and allow the EU’s regulatory plan to comply.
” During the call, the EU Trade Commissioner told China that according to WTO rules, the EU may reach price commitments with different companies.
According to the statement, negotiations between the EU and the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products do not rule out negotiations with individual exporters.
The EU has been seeking separate pricing agreements with some carmakers.
However, China has warned exporters not to seek a separate deal with the EU because China wants all manufacturers to adhere to a common general agreement.
, The EU believes that after eight rounds of negotiations, there is still a “huge gap” between China and Europe.
If China and the EU do not reach an agreement before October 30, the EU will impose an import tariff of up to 45% on electric vehicles made in China.
, In response to EU tariffs on electric vehicles, China has investigated EU imports of dairy products, pork and brandy and has increased the possibility of imposing a tax on cars equipped with large engines.
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